The international hotel chain Omni Hotels & Resorts has confirmed that a cyberattack last month saw it shut down its systems, with hackers stealing personal information about its customers.
In the aftermath of the attack, hotel guests reported that they had been forced to check in on paper, that room keys didn't work, and all phone systems and Wi-Fi were offline.
Dev Ops Consultant at Exponential-e, Alistair Doran, write for 'Tech Native', discussing Software engineering and the cultural changes needed to move to a digital first economy. Read the article Read the article
Paulo Henriques, Head of Cyber Security Operations at Exponential-e, writes for 'Global Banking and Finance', discussing the cyber security steps businesses should take to mitigate the risk of botnets. Read the article Read the article
Chief Innovation office at Exponential-e, Jonathan Bridges, speaks to 'Intelligent Ciso' about the importance of having a robust cyber security plan in place and the steps businesses should take to achieve this, such as military-grade cyber security solutions to mitigate the threat of ransomware attacks. Read the article
Tom Richardson, Cloud Sales Specialist for Media at Exponential-e, speaks to Technology Dispatch about the importance of protecting sensitive data by ensuring the correct protocols are in place and training for staff at all levels is prioritised to mitigate these cyber risks. Read more here
Head of Public Sector at Exponential-e, David Lozdan, speaks to City AM about the investments in data-driven digital healthcare and how this is effectively improving patient outcomes through the National Pathology Imaging Co-operative (NPIC).
Amy Springford, Director of Client Relations at Exponential-e, speaks to SheCanCode, discussing the importance of inclusivity in the workplace and how this would support retaining female workers, as well as implementing flexible working policies for women to juggle their work-life balance.
Afshin Attari, Director of Public Sector and Unified Platforms, writes for 'Government Transformation Magazine' discussing the four core technologies which could transform the Public Sector.
Our Chief Innovation Officer, Jonathan Bridges, writes for 'Security Boulevard' about the importance of understanding and preparing for ransomware attacks as an IT professional, and the steps you should take to mitigate risks for your business.
On the 18th March 2024, the Information Commissioner's Office issued its updated guidance around the issuing of fines when organisations have been found liable for the integrity of their customers' or end users' data being compromised. It is already well-established now that failure to ensure critical data remains secure will result in costly fines, as we have seen repeatedly in multiple high-profile cases over the years.
In October 2023, the British Library suffered "one of the worst cyber incidents in British history," as described by Ciaran Martin, ex-CEO of the National Cyber Security Centre (NCSC).
The notorious Rhysida ransomware gang broke into one of the world's greatest research libraries, encrypting or destroying much of its data, and exfiltrating 600 GB of files, including personal information of British Library staff and users.
Any organisation that has tried to recover from a ransomware attack knows that it can be time-consuming and costly. Companies hit by an attack must choose between paying a ransom or recovering encrypted data from a backup.
Unfortunately, ransomware gangs are too aware that they can leverage significantly higher ransoms from their corporate victims if they have also compromise the company's backups. For this reason, we are seeing more and more cyber attacks targeting backups because they know that organisations desperately need them to recover if they want to avoid paying a ransom to cybercriminals.
Now more than ever, effective collaboration and communication are the keys to success. Throughout 2020, we saw a widespread shift in how we interact with each other, both in and out of work, and how we stay connected to our colleagues and customers. Just consider the following:
The digital landscape is evolving at a rate that's never been seen before and is set to continue accelerating in the years ahead. In such a fast-paced environment, the ability to work flexibly, responding to unexpected challenges and optimising the time-to-market for new innovations, is critically important for all organisations - whether they're ambitious start-ups or established global leaders. While IT infrastructure must certainly support this - hence the widespread phasing out of legacy infrastructure in favour of increasingly sophisticated Cloud transformation strategies - any new technology will be of limited effectiveness if processes and methodologies do not evolve in parallel.
After several years of serious global upheaval, it is clear that resilience, agility, and the ability to adapt to the unexpected are critical priorities for all organisations – regardless of size or sector. However, this accelerated pace of change has, in many cases, revealed the limitations of existing IT services. With an increasing emphasis on on-demand services and a highly fluid workforce, legacy services and their systems often struggle to support new propositions and customers' evolving needs, which will – in turn – make maintaining a competitive advantage difficult, if not near impossible.
We're all trying to do more with less, whether that's making our monthly shop go further and reducing our utilities consumption at home or doing more with our organisations' available budgets and resources in our professional lives. But while getting the most out of the resources we have available is certainly admirable and sensible, our most precious resource – one that we cannot replenish once it's been used – is all-too-frequently neglected: our time.
From day-to-day consumer banking to high-profile asset and wealth management, the way we all access financial services is changing in ways that would have been inconceivable just a few years ago. Online banking is now firmly established, allowing customers to manage their money securely within a few clicks - anytime, anywhere and without the need to visit a branch. A 2022 survey revealed that the quality of the online experience was a key factor in 81% of adults' choice of bank1.
"When it comes to digital transformation, the personal touch is often what takes projects from 'good' to 'exceptional'. Plenty of companies can deliver technology, but it's the relationships that really drive innovation in long term."
Philip Button, Regional Business Manager – Enterprise
As a long-standing technology partner for multiple financial organisations across the UK, the team at Exponential-e have been observing the sector's evolving relationship with technology for some time - both the growing demand for a higher standard of operational resilience, and an increasing awareness of the challenges and opportunities that Cloud transformation presents.
The Finance sector has always been one of the most dynamic, rapidly evolving industries, and this shows no signs of changing any time soon. But while shifts in the landscape may well open new opportunities, they will also come with new challenges, and it is the organisations who are ready and able to face these head-on who will continue to thrive in the years ahead.
