Top 5 Must Reads: 6/16/23

You already know that every day at?InformationWeek ?there will be original reporting from our team of journalists and unique commentary you won’t see anywhere else. But in case you missed them, here are some of our favorites from this week:

1. Action on AI-Generated Content

Story by?Joao-Pierre Ruth

Key Points:

• On Monday, the European Commission expressed its desire to see major players in the internet landscape take voluntary action on AI-generated content immediately rather than wait for regulatory deadlines.
• The escalation of the EU’s concern was driven by more than just the proliferation of generative AI, though its existence may be accelerating sociopolitical concerns.?
• The regulatory push might lead to deeper scrutiny of where AI-generated content comes from, down to its data sources.

2. Could Salaries Continue to Rise in '23?

Story by? Shane Snider

Key Points:

• Despite recent mass tech job cuts and a gloomy economic backdrop, an?InformationWeek study ?found that companies were increasing pay and that workers were overwhelmingly confident with their job security.
• The 2023 US IT Salary Report paints a more optimistic picture, while still showing concern about rising labor costs and cutbacks. Pay is increasing, but so is the US cost of living.?
• The report also shows companies making strides in pay differences between men and women. Women’s annual salaries rose 28% in 2022 to a median of $135,000. Men’s salaries increased 9% over the same period to $140,000.

3. Regulatory Compliance

Story by?Carrie Pallardy

Key Points:

• The ever-present threat of data breaches, new regulation impacting the use of data, and the advent of new technology require?risk ?management.?
• Regulatory compliance, particularly in the realm of data privacy, looms large on IT leaders’ list of responsibilities.
• What are some of the top regulatory issues IT leaders should be keeping in mind as they guide their enterprises through the compliance landscape in 2023?

4. Finance and Emerging Tech

Story by? Brian T. Horowitz

Key Points:

• In a volatile economic climate with financial institutions such as?Silicon Valley Bank ?and First Republic Bank failing, experts say emerging technology could help them meet the requirements of regulators and track financial?risk .
• By identifying risks, banks can change their decisions around lending standards and operations, according to Michael Heffner, vice president of industry solutions and go-to-market at?cloud computing company Appian, which coordinates stress tests for banks.
• Generative AI holds the potential for banks to access detailed narratives and insights on the results of stress tests, according to Vikas Agarwal, a partner and financial services risk and regulatory leader at PwC.

5. Betting Big on AI

Story by? Shane Snider

Key Points:

• Accenture, a global tech consulting and solutions provider powerhouse, on Tuesday announced a three-year, $3 billion investment plan that would double the number of employees working in its data and AI practice.
• The company already boasts of 40,000 AI professionals in its ranks. The company said it hopes to bring that total to 80,000 through a mix of hiring, acquisitions, and training.
• The company will also launch its new AI-based platform, AI Navigator for Enterprise.

Latest Layoff Announcements

Original Story by?Jessica C. Davis , Updated by?Brandon J. Taylor

Key Points:

• As COVID drove everyone online, tech companies hired like crazy. Now we are hitting the COVID tech bust as tech giants shed jobs by the thousands.
• Updated Friday, June 16, 2023?with layoff announcements from Grubhub ,? BYJU'S , and? Nubank .
• Check back regularly for updates to our IT job layoffs tracker.

REGISTER NOW:

"The Right Approach to Zero-Trust for IoT Devices" Webinar on 6/22 - Sponsored by?Palo Alto Networks

On Thursday – June 22, beginning at 1pm ET – tune into our online webinar featuring?Qiang Huang , Senior Director, IoT Product Management at?Palo Alto Networks ?as our Keynote Speaker. This live webinar will be moderated by our colleague?Peter Krass .?REGISTER now at the link above.

"The Right Approach to Zero-Trust for IoT Devices"

The traditional enterprise network perimeter is dissipating with work from home, BYOD, corporate resources shifting to the cloud, and Internet of Things (IoT) trends. The modern enterprise network now has to take into account all types of devices accessing the network, from conventional IT devices to non-conventional internet-enabled devices including security cameras, HVAC, smart lighting, smart blinds, infusion pumps, printers, smart coffee machines, smart TVs, virtual assistants, ATMs, and point-of-sale terminals, to name a few, comprising what is popularly called the Internet of Things (IoT).?

These devices create serious security concerns for enterprises as the IoT devices are often shipped with vulnerabilities, are difficult to patch, lack security controls, and significantly widen the threat surface, making the network more susceptible to lateral exploits.

The increase in the number of IoT devices and a reported 3 billion attacks on IoT devices in 2021 necessitates organizations to reassess their risk management strategy and move towards adopting a Zero Trust approach to include securing IoT devices.

In this webinar you will learn:

• What the principles of a Zero Trust cybersecurity strategy are and how they apply to securing IoT devices.
• How traditional network security strategies are inadequate for protecting IoTs.
• Why a practical life-cycle approach based on Zero Trust principles is the right methodology for securing IoT devices.

"Network Resilience Boot Camp" Virtual Event on 6/29 - Presented by?Data Center Knowledge ?&?Network Computing

On Thursday – June 29, beginning at 11am ET – tune into our online webinar featuring?Carrie Goetz ,?Tia (Yatia) Hopkins , and?AJ Yawn ?as our Keynote Speakers! This live virtual event will be moderated by?Bonnie D. Graham .?REGISTER?now at the link above.

"Network Resilience Boot Camp"

In today’s digital age, high availability is critical.

Business cannot be interrupted, even for a few seconds.?Employees, users, and customers will not tolerate even?small hiccups in service. As such, network resilience,?which is the ability of a network or infrastructure to?maintain service levels of critical?applications,?services,?and?processes, is essential for an enterprise’s success.

This event will explore why network resilience is so?critical today.?It will also look at the technologies and?tools that can help ensure resiliency, the associated?staffing and cost?issues, and other factors.

Topics include:

• How to scale and meet rapid or unpredictable operational demands
• What tools can help identify vulnerabilities and integrate into development workflows
• Why the future of constant availability demands new resilience technologies

Treasures from the Archives...

Story by Cynthia Harvey

Key Points:

• For decades, the dream of creating machines that can think and learn like humans seemed like it would be perpetually out of reach, but now artificial intelligence is embedded in the phones we carry everywhere, the websites we use every day and, in some cases, even in the appliances we use around our homes.
• In many cases, AI has crept into our lives and our work without us realizing it.?
• These are the AI jargon IT and business leaders are most likely to encounter, and understanding these words can go a long way towards providing a foundational understanding of this burgeoning area of technology.

This is just a taste of what’s going on. If you want the whole scoop, then?register for one of our email newsletters ,?but only if you’re going to read it.?We want to improve the sustainability of editorial operations, so we don’t want to send you newsletters that are just going to sit there unopened. If you're a subscriber already, please make sure Mimecast and other inbox bouncers know that we’re cool and they should let us through. And if you’re thinking about?subscribing, ?then maybe start with the InformationWeek in Review; it only arrives on Fridays.