CXOInsights by CXOCIETY

The impact of the pandemic and the rapid acceleration of digital initiatives in a short time forced organizations to control and manage disruptions to their business. As security and risk management leaders handle the recovery and renewal phases from the past two years, they must consider forward-looking strategic planning assumptions when allocating resources and selecting products and prioritizi...

IoT Analytics says the digital supply chain market is accelerating. The firm identifies eight supply chain technology innovations that are helping to make global supply chains more robust, including AS/RS technology, intralogistics robots, IoT track and trace, AI-enabled software, and supply chain digital twins. In this PodChats for FutureIoT, Matthieu Kulezak, market research analyst at IoT Analy...

Any device that is connected to the internet is susceptible to some form of cyberattack. Apart from the fact that IoT devices inherently have very little built-in security, and that patch management can be difficult because of their physical nature, the interconnectedness of these devices and the subsequent complex environments they are implemented in pose grave security threats across entire netw...

The workplace of the digital economy can be described as the convergence of old practices with new technologies, with the winner likely to be influenced by any number of factors including staying ahead of the technology curve. Gartner says that the “future of work” continues to be synonymous with a remote and hybrid workforce. But while this shift is a seismic change for many organisations, it is...

IDC says Asia/Pacific organisations continue to refine hybrid working practices and organizational culture to accommodate new ways of working that enhance productivity, security, employee retention and customer satisfaction.  Automated learning and low-no code tools will catalyze employees’ skills training and development and keep businesses to stay relevant in the digital-first economy. At the sa...

A persistent pandemic around the world and global geopolitical conflicts continues to dominate headlines. Navigating uncertainties and managing supply chain challenges accordingly has, out of necessity, become a top business priority. The Business Costs of Supply-Chain Disruption report by the Economist Intelligence Unit estimates that the disruptions of the past two years are costing companies, o...

Access to low-cost, low-power sensor technology, the availability of high-speed connectivity, the increase in cloud adoption, and the growing use of data processing and analytics are among the key drivers boosting for the deployment of IoT technologies. It also helps that smart city efforts continue to progress. As Asia comes out of the three-year economic slump because of the pandemic, what lies...

Ransomware remains one of the more dreaded cyberthreats of the decade. But for a ransomware attack to be initiative, the attacker must first have your credentials. One such enabler of ransomware operations are infostealers. According to Secureworks Counter Threat Unit researchers, on a single day in June 2022, over two million credentials obtained by infostealers were available for sale on just on...

The role of the Chief Information Security Officer (CISO) is growing, and the scope of digital business intensifies. Among board directors, 64% say their organization is trying to significantly alter its economic architecture to put more emphasis on digital (revenues, margins, productivity, etc.). At the same time, 88% say they recognize cybersecurity is a risk to the business. A great CISO has th...

Shifting customer behaviours amplify uncertainty, burdensome cross-functional collaboration yields worse organizational outcomes, and disruptive market dynamics erode traditional sources of brand value. These are some of the challenges facing heads of marketing as we enter 2023. Gartner says customer demand and buying behaviours continue to fluctuate unpredictably amid pandemic waves, supply chain...

The prevalence and severity of mobile-related compromises continues to escalate in 2022. Perhaps even more interesting is that small and medium-sized businesses perceived the risk to be more significant compared to those from larger organisations (73% vs 60% respectively). On a more positive note, the rise in cyber threat awareness has also seen a rise in cybersecurity budgets among 77% of respond...

We’ve had two years of experiences dealing with unrelenting uncertainties. Some have come out stronger, others not so much. As we prepare for the new year, we continue to face uncertainties but with expectations that we are better prepared for what lies ahead. Or are we? With us, today on PodChats for FutureCIO is Amit Walia, CEO of Informatica – a software company best known for its Enterprise Cl...

According to Check Point Research , global attacks increased by 28%in the third quarter of 2022 compared to same period in 2021. The average weekly attacks per organization worldwide reached over 1,130. Complicating the situation is the talent shortage, especially for experienced cybersecurity professionals. According to the 2022 Cybersecurity Workforce Study by ISC(2) there is a shortfall of 2.2...

Hiring and retaining staff is the most difficult task facing CFOs over the next 12 months, according to a survey from Gartner. This is also reflected in CXOCIETY’s FutureCFO summits held in five key markets in Asia including Hong Kong, Indonesia, Malaysia, the Philippines, and Singapore. Gartner posits that the tight labour market is part of a trifecta of factors including persistent inflation and...

Exponential technologies such as artificial intelligence (AI), blockchain, and automation have sparked the next wave in enterprise transformation, offering both challenges and opportunities for the enterprise.  As enterprises look to embrace these technologies, CFOs and finance organizations are uniquely positioned to take their current roles of stewards of data, algorithms of measurements, and va...

Southeast Asia has for decades been an export manufacturing hub to the world competing with another powerhouse manufacturer in the region – China. But with the US-led trade tension with China, Southeast Asia or the ASEAN region is presented with a golden opportunity to take a bigger slice of the manufacturing demand in the years ahead. Of course, to do this most of the ASEAN member nations must mo...

Challenging may be the appropriate word to document the environment that will greet businesses in 2023. We are faced with continuing supply chain shortages, a war in the West that promises to keep energy costs for the immediate future, and rising inflation – not to mention the shadow of a pandemic that mutates too frequently to offer respite for governments, citizens and businesses. In the book, &...

Insider Intelligence posits that there will likely be 64 billion deployed IoT devices worldwide within the next five years. However, expectations are that beyond smartphones and computers, many other IoT devices will not carry the same level of security precautions – at least not in the near term. It is further expected that IoT devices and sensors will form part of the digital ecosystem. This sug...

With Asia on the course of economic recovery following over two years of volatility arising from multiple crises seemingly contriving to pose unrelenting challenges on economies, businesses and societies in general, have business leaders sufficiently transformed their organisations to lead and thrive in the new normal?   With us on this episode of PodChats for FutureCIO is Frost & Sullivan par...

The 2021 ISACA-Frost & Sullivan Survey: The Singapore Cybersecurity Landscape, revealed that 63% of respondent organizations were adopting cloud more during the pandemic, than prior years. The same study noted that despite a general perception of cybersecurity has improved, senior management is more concerned with cyber risk issues. How have things changed twelve months on? With us today on Po...

Encryption is meant to protect information so that when it falls into the wrong hands, it is unusable. But what happens when your private key gets compromised? From what we understand, encryption technology is only as good as its weakest link – in this case, your private key becomes one of the weakest links. Consider that if someone gets their hands on your keys then they’ll be able to decipher th...

Enterprises are accelerating their adoption of digitalization and agile methodologies, dramatically changing their risk profiles. According to Gartner , many organizations continue to add layers of defence, which in turn increases the complexity of defending against the continued onslaught of more and more advanced attacks. The 2022 State of the Threat from Secureworks noted that in 2022, ransomwa...

One of the defining characteristics of the digital economy is our increased dependence on third-party organisations. Whether we are manufacturers, retailers, hotels, financial institutions or government, we rely on a network of suppliers and business partners to create and deliver goods and services. While this interdependence allows us to achieve economies of scale, it also introduces risks to ou...

Back in the day before personal computers and smart devices, before artificial intelligence and machine learning, customer satisfaction was measured by how well the store you frequented knew your preferences and your special moments. Fast forward to today, technology has matured to the point where a company knows sufficiently enough about you to the point where you feel like your privacy doesn’t e...

The latest projections from the Asian Development Bank are that the region is expected to grow 4.3% this year, down from 5.2% in April 2022. It has also lowered its 2023 forecast to 4.9% while inflation forecast has been raised to 4.0% attributing this to higher energy and food prices. Given the continuing uncertainties we face today and the disruptions that come with these, how should CFOs strate...