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. FTC Moves
Key Points:
- The proposed rules would impact deals worth $111.4 million or more.
- The FTC is working with the Justice Department to revamp the rules and crack down on illegal mergers -- it’s part of the first overhaul of 1976 law in 45 years.
- The FTC will take comments on the proposed changes for 60 days and the new rules won’t go into effect until the FTC and Justice Department file a final version of the revised act, which is expected to take several months to complete.
2. Pros and Cons of ChatGPT
Key Points:
- Investor Esther Dyson shared some of her sage perspective on ChatGPT and other aspects of the AI surge as part of a panel hosted this week by the Disruptive Technologists in NYC meetup group at Microsoft Times Square.
- Dyson described ChatGPT as something of a double-edged sword that, for the moment, can make it easier to instigate harm.?
- Some of the concerns about AI might have been taken in stride if regulators were better prepared to understand the technology.?
3. Full Scope of the MOVEit Breach
Key Points:
- On May 31, software company Progress?discovered a vulnerability?(CVE-2023-34362) in its MOVEit Transfer and MOVEit Cloud file transfer tools. Payroll provider?Zellis was a victim of the breach, as well as some of its customers, including pharmacy chain Boots, broadcaster BBC, airline British Airways, and airline Aer Lingus.
- The Clop Ransomware Gang has been linked to the MOVEit attack. The Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation released an?advisory?to address the group’s exploitation of the MOVEit vulnerability.
- Headlines declaring the latest victims from the MOVEIt breach are popping up like weeds. The breach has swept through multiple industries. It has impacted Shell,?Johns Hopkins University, Schneider Electric, Siemens Energy, and many more. CNN reported that?several federal agencies, including the Department of Energy, are among those impacted by the breach.
4. Sustainability Agenda(s)
Key Points:
- When it comes to creating an environmental sustainability agenda, many firms do little more than announcing vague plans and goals.
- A recent Forrester report finds that as many enterprises dawdle, customers and other stakeholders are increasingly demanding authentic and effective environmental sustainability initiatives and strategies that demonstrate an understanding of and commitment to tomorrow amid growing economic and geopolitical uncertainties.
- Embarking on a new sustainability journey requires a different approach from bringing an IT leader into a strategy that’s already at an advanced maturity level.
5. Data Modernization
Key Points:
- The flood of increasingly complex data that T-Mobile deals with put the wireless communications company on a path to continue to modernize its?data strategy. That journey included a realization that turning to the cloud is not always a quick and easy answer to meet those growing needs.?
- In?InformationWeek's latest "That DOS Won't Hunt" podcast, JP talks to Vikas Ranjan, senior manager for data intelligence and innovation for T-Mobile, about forming and enacting a data?modernization?strategy as the mobile communications company evolves.
- Click the story above to listen to the full podcast.
Latest Major Tech Layoff Announcements
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, July 7, 2023?with layoff announcements from
Amdocs
,
FNZ Group
, and?IRL.
- Check back regularly for updates to our IT job layoffs tracker.
REGISTER NOW:
"Your Hybrid Cloud is Under Attack: Protect it with Zero-Trust!" LIVE webinar on 7/11 - Presented by?Network Computing?&?Palo Alto Networks
On Tuesday – July 11, beginning at 1pm ET – tune into?Network Computing's online webinar featuring?Dennis Payton, Sr. Product Marketing Manager - Software Firewalls at?Palo Alto Networks?as our keynote speaker! This live virtual event will be moderated by?our colleague?Peter Krass.?REGISTER?now at the link above.
"Your Hybrid Cloud is Under Attack"
Over 45% of organizations have suffered a cloud-based breach.
Are your application journeys to hybrid cloud in danger? With over 87% of businesses taking a hybrid cloud strategy, protecting your applications’ communications, interconnection, and data transaction traffic from modern sophisticated cyberthreats is more challenging than ever in mobile and remote work environments.
Now is the time to build your zero-trust expertise in protecting your application lift-and-shift or direct modern cloud-native security strategies. As modern cyberthreats continue to grow in complexity and volume, you must deliver security with DevOps agility.
Attend this webinar and you'll:
- Learn why you need a zero trust architecture and a network security platform to protect your digital cloud application journey.
- Understand how to deploy software firewalls, at scale, to protect cloud architectures, applications, and data.
- Envision how software firewalls deliver single pane management and continuous security across all of your hybrid cloud infrastructure.
"Changing Network Architecture Investments" LIVE webinar on 7/12 - Presented by?Network Computing?&?Zscaler
On Wednesday – July 12, beginning at 1pm ET – tune into?Network Computing's online webinar featuring?Carrie Goetz?- Principal and CTO at?StrategITcom, and?Ameet Naik?- Director, Product Marketing at?Zscaler?as our keynote speakers! This live virtual event will be moderated by?our colleage?Salvatore Salamone.?REGISTER?now at the link above.
"Changing Network Architecture Investments"
COVID shifted enterprise network spending.
There is more of a focus on supporting the remote and distributed workforce. As a result, many enterprises are looking at new approaches that deliver strong, secure broadband access for remote users and offices alike.
Join this new webinar as we discuss:
- Covid-inspired network architecture changes that are here to stay.
- The shifting network architecture investments that will continue due to these changes.
- The need to expand traditional approaches to include new services (e.g., SASE) and new approaches to connectivity (e.g., private 5G, satellite broadband, and more).
Treasures from the Archives...
Key Points:
- Automation is relentless. Basic automation takes simple, rudimentary tasks and automates them. Yet as AI grows more powerful and versatile, jobs that once seemed safe from automation may now be at risk of vanishing -- forever.
- Employers can save time and money by investing in automation, especially within IT, says Kevin Beasley, CIO at ERP software provider VAI.
- Automation can help fill the gap by eliminating routine tasks, allowing IT leaders to focus on existing skilled talent without increasing labor cost.
- The question of which IT jobs automation will eliminate next isn’t new, click John's story above for more.
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.
