Embracing Digital This Week

Digital transformation news for June 6, 2023. This week more jobs in AI, major cyber security breaches, and cloud technology best practices.


Artificial Intelligence

According to a report, JPMorgan, a banking giant, has advertised over 3,600 AI-related jobs, reflecting Wall Street's increasing interest in revolutionary technology. The move highlights the industry's growing reliance on artificial intelligence for various functions, signaling a shift in the financial sector towards embracing AI and its potential benefits.

OpenAI has developed a method to enhance the logical reasoning abilities of AI models, reducing instances of "hallucinations" or generating incorrect information. By modifying the training process, the research team could produce models that exhibit improved consistency and avoid making up details. This development contributes to creating more reliable and trustworthy AI systems.

Japan defies copyright laws by allowing AI training with any data, aiming to accelerate its AI progress and compete globally. Concerns from artists are countered by support from academia and businesses, as Japan seeks access to Western data in exchange for its cultural resources. A unique twist to the regulation debate emerges.

Dell strengthens multi-cloud strategies with advancements in its APEX portfolio. The offerings include Dell APEX Cloud Platforms for Azure, Red Hat OpenShift, VMware, and storage solutions for public clouds. Dell APEX expands to provide compute resources and PC-as-a-Service while partnering with Databricks to enable data analysis across on-premises and cloud environments. Not to be left behind, HPE offers their green lake product line multi-cloud offerings.

A recent report from information week predicts that worldwide spending on cloud services will reach $1.3 trillion by 2025, about 16.9% growth. However, many organizations still need help with the ROI of their investments. The report identifies critical areas to improve ROI in Cloud deployments, including FinOps, adopting multi-hybrid cloud strategies, DevOps and platform engineering, and cloud security.

Microsoft Azure DevOps experienced a ten-hour outage in the South Brazil region due to a simple typo that caused the deletion of seventeen production databases. The error occurred during a code upgrade, and a typo in the pull request led to the deletion of the entire server. The data has been recovered, but the recovery process took more than ten hours due to various complications. Microsoft has implemented fixes and reconfigurations to prevent similar issues in the future.

A cybersecurity expert warns that scammers target Gmail users by exploiting a collaboration feature. Users receive fraudulent invitations that redirect them to malicious sites. Vigilance, verification of requests, enabling two-factor authentication, and monitoring account settings are recommended to protect against such scams.

According to a survey by the CISO Hall of Fame, cloud security is the top concern for IT professionals. The report highlights the increasing reliance on cloud services and the need to address security challenges such as data breaches and unauthorized access. Key focus areas include identity and access management, encryption, proactive threat detection to ensure robust cloud security measures, and finding cybersecurity talent with cloud service experience.

In a recent article, Walmart opened up to talk about its best practices, hoping to raise the knowledge of its ecosystem of suppliers and partners. Walmart's security operations center and defense-in-depth approach exemplify best practices, but smaller companies require practical strategies. Aligning security protocols, implementing strong identity and access management, and reviewing access policies can enhance protection. Next-gen security technologies offer cost-effective solutions for mitigating cyber threats.