Connect with us

Press Release

“The Future of Data has not even begun”

Published

on

Louis Esteban Grifoll former Chief Data Officer CAIXA Bank Future of data hasn

Cybersecurity-Experts convinced: Now is the right time to invest in Data Governance

Wiesbaden, Hessen Apr 17, 2024 (Issuewire.com) – Cyberattacks are now taking on alarming proportions worldwide. According to the IBM report “Cost of Data Breach,” the cost of an attack is over five million US dollars. Government institutions and regulatory authorities are now taking measures that are forcing companies to increase the security of their data and thus their customers. Companies are not always sufficiently prepared for this. In Europe, for example, a directive is currently being implemented that will make board members personally liable for breaches of cybersecurity guidelines.

In the event of serious breaches, fines of up to 2% of annual turnover or 10 million, whichever is higher, can be imposed. What role do Chief Data Officers play in this environment, what new challenges do they have to face and what does the future of cybersecurity look like? These topics are discussed by Louis Esteban Grifoll, one of the first Chief Data Officers (CDO) in Europe, at one of the continent’s largest banks, CAIXA in Spain, and Michael Deissner, CEO of comforte AG, a cybersecurity market leader in the banking & finance sector.

The German company, located in Wiesbaden near Frankfurt, with subsidiaries in New York, Singapore and Australia, delivers data-centric cybersecurity solutions, using a patented, leading encryption technology. This protects the data, but it remains usable for cloud-based applications. At the same time, it ensures that even if data is accessed or exfiltrated without authorisation, it cannot be used by the attacker and is therefore useless. Ransom demands or publication on the Dark Net lose their threat. The 500 customers include VISA, Mastercard and 30 of the world’s largest banking institutions as well as leading retailers from fashion and other industries in the USA.

As a pioneer in the role of Chief Data Officer at Spain’s largest bank, can you explain the evolution of the CDO role and its responsibilities over the years?

Esteban: The role of the CDO has indeed changed a lot. This is due to the fact that the value of data for the development of business processes is now generally accepted. New technologies and tools have emerged that speed up data processing enormously and make it easier to analyze. Data analyses are increasingly being integrated into business processes, promoting a data-driven approach. All of this means that data governance has become an increasingly important area of responsibility.

Deissner: The role has changed significantly as data utilization and analysis as well as data protection have become key factors in companies. However, closer cooperation between the CDO and the Data Protection Officer is required.

What exactly does data governance involve and how does it contribute to a company’s success?

Esteban: Data governance describes the management, control, and monitoring of an organization’s data. It involves the development and implementation of policies, processes, and procedures to ensure that data is handled in line with organizational objectives and regulatory requirements. Effective data governance increases the value of data, enables informed decision-making, reduces data-related risks, and improves operational efficiency.

Deissner: Effective data protection requires good data governance. It is an indispensable tool for ensuring data quality, minimizing the risk of data leaks, and ensuring compliance with legal requirements.

How can a company improve data quality and what steps are recommended to solve data quality problems?

Deissner: Improving data quality requires a holistic strategy. Companies should implement processes to monitor and measure data quality and take corrective action where necessary. It is crucial to assign responsibilities and ensure that the teams that generate data are involved in the quality control process.

Esteban: Establishing a data-centered culture and strategy and assigning data ownership is paramount. Define the scope of quality controls and metrics to monitor data quality and encourage data-generating teams to implement sufficient controls to improve data quality.

Now we have GDPR in place across Europe. What do companies need to do to ensure data protection and data security within this framework?

Esteban: GDPR compliance requires continuous efforts to protect personal data and demonstrate accountability. Organizations must implement policies and procedures and appoint a Data Protection Officer to ensure compliance with data protection standards. This also includes restricting access to sensitive data through role-based authorizations and implementing data access controls.

Deissner: In addition, companies must implement technologies that ensure the protection of personal data, for instance, data pseudonymization, encryption, and access controls.

We live in the age of artificial intelligence (AI). What critical factors should companies take into account when considering the use of data for machine learning (ML) or AI applications?

Esteban: For ML and AI applications, organizations need to prioritize data quality, governance, privacy, and compliance. These considerations ensure that ML and AI applications are accurate, effective, and privacy-compliant.

How can a data strategy contribute to sustainability efforts within an organization?

Esteban: Sustainability initiatives provide new data that was not previously available or utilized. They provide an opportunity to create a well-defined data model, applying all the principles of data governance and data quality. Thus, improving the organization’s sustainability efforts.

Deissner: Data plays a crucial role in companies’ sustainability efforts, helping measure their environmental impact and promote sustainable business practices. Implement solutions that make it possible to use data in line with sustainability goals while ensuring data remains protected.

How do you envision the future of data and how is cloud technology impacting data strategies?

Esteban: The future of data hasn’t even really started yet. Many companies are only at the beginning of their journey towards data-driven processes. Cloud technologies offer more computing capacity and flexibility to achieve important goals. But their use still needs to develop. It will be vital to understand the importance of governance, data quality, and evolving regulations, particularly in relation to data ethics and respect for human rights, to navigate the future of data successfully.

Deissner: The future of data will be characterized by a stronger integration of data protection and governance. Organizations will strive to establish data-driven decision-making processes while ensuring data protection and compliance. We are seeing an increase in demand for solutions that ensure data protection and security in the cloud to realize its benefits without compromising on data integrity.

Michael J Deissner CEO of comforte Improving data quality requires a holistic strategy

Media Contact

comforte AG

M.Tschugg@external.comforte.com

Abraham-Lincoln-Strasse 22

https://www.comforte.com

Source :comforte

This article was originally published by IssueWire. Read the original article here.


comtex tracking

COMTEX_450975839/2777/2024-04-17T09:36:49

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Soileum Network Unveils Revolutionary SOIL Technology for Decentralized Identity, Announces Public Testnet, and Airdrop

Published

on

October 21, 2024 – Soileum Network, a visionary player in the blockchain space, is leading the charge in transforming decentralized identity solutions through its innovative Secure Open Identity Layer (SOIL) technology. With the highly anticipated launch of its public testnet on the horizon, Soileum is inviting developers, businesses, and Web3 enthusiasts to join a new era of identity-powered decentralized applications (dApps). The testnet will provide a global platform for developers to start building Self-Sovereign Identity (SSI) solutions that empower users to own and control their digital identities across multiple platforms and services.

A New Dawn for Decentralized Identity Solutions

Soileum Network was founded in 2022 with a vision to bridge the gap between traditional identity systems and the decentralized Web3 ecosystem. Working alongside a skilled team of blockchain developers, Soileum Network has developed a state-of-the-art identity layer that enables secure, scalable, and self-sovereign identity solutions. This breakthrough aims to accelerate Web3 adoption, particularly in industries where identity verification and management are critical, such as finance, healthcare, e-commerce, and supply chain.

Decentralized identity is the next frontier in blockchain technology, and Soileum Network is poised to lead the revolution. We envision a world where individuals control their own identities without relying on centralized institutions, and businesses can seamlessly adopt secure identity solutions in a decentralized framework,” said Badrinath M, Founder and CEO of Soileum Network.

The SOIL-Powered Ecosystem: Governance, Security, and Staking Opportunities

As a Layer 1 blockchain network, Soileum Network’s ecosystem is powered by SOIL coin, the native token that underpins its decentralized identity solutions. SOIL coin serves multiple functions, including powering the identity layer, maintaining network governance, and providing incentives for network validators through a robust staking mechanism.

By staking SOIL coins, investors and participants can contribute to the security and governance of the network while earning rewards. Stakers also gain access to the validator ecosystem, where they can help secure the network and participate in decision-making processes.

The introduction of decentralized identity technology within Soileum Network’s blockchain will pave the way for secure and frictionless interactions in digital environments, ensuring that identity verification processes can be trusted without sacrificing user privacy or control. This is particularly valuable in traditional industries where digital identity verification is essential, enabling businesses to transition smoothly into the decentralized Web3 world.

Developer-Centric Approach: SDKs for Seamless Integration

Soileum Network is committed to providing a seamless developer experience, with its team actively working on building Software Development Kits (SDKs) for various technologies. These SDKs are designed to simplify the integration of Soileum-powered decentralized identity solutions into applications and platforms, enabling developers to build secure, identity-first dApps with minimal friction.

The availability of these SDKs will significantly lower the barrier to entry for developers and businesses, allowing them to integrate decentralized identity solutions into their systems more easily. This focus on usability and accessibility ensures that the Soileum Network ecosystem can grow rapidly, fostering innovation and new use cases across industries.

Biggest Airdrop Yet: An Invitation to Join the Decentralized Identity Movement

In celebration of the upcoming testnet launch, Soileum Network has announced its biggest-ever Airdrop. This global campaign invites blockchain enthusiasts, crypto investors, and anyone passionate about the decentralized future to participate and win free SOIL tokens. The Airdrop offers an exciting opportunity for early supporters to get involved with the project and benefit from its future growth.

“With our Airdrop, we aim to reward our early supporters and those who believe in the power of decentralized identity. This is just the beginning of our journey, and we’re excited to bring the global community along with us,” said Badrinath M.

Following the testnet launch, Soileum Network will also kick off its presale, providing crypto investors with an opportunity to not only support the decentralized identity revolution but also potentially build wealth with SOIL coin as the network grows.

Web3 Adoption at the Core of Soileum’s Mission

Soileum Network is uniquely positioned to bring decentralized identity into mainstream use. Its Secure Open Identity Layer (SOIL) is designed to power a wide array of decentralized applications, making it easier for businesses to adopt Web3 technologies while providing users with greater control over their personal data.

With identity being at the core of so many business use cases, from finance and healthcare to online retail and entertainment, Soileum’s technology addresses a fundamental need in the transition to Web3. By offering Self-Sovereign Identity (SSI) solutions, Soileum ensures that users can manage their digital identities across platforms in a secure, decentralized, and privacy-preserving manner.

Join the Revolution

As Soileum Network continues to build momentum ahead of its public testnet launch, the team remains committed to its vision of revolutionizing decentralized identity and driving global Web3 adoption. To join the movement, participate in the Airdrop, and learn more about the presale, visit https://soileum.com.

For developers eager to get started building on the Soileum Network, more information on the testnet and SDKs will be available soon.

Stay connected and follow Soileum Network https://soileum.com/community  for the latest updates.

About Soileum Network:

Founded in 2022, Soileum Network is a next-generation Layer 1 blockchain focused on transforming decentralized identity through its innovative Secure Open Identity Layer (SOIL) technology. The network empowers developers, businesses, and individuals to adopt decentralized identity solutions, driving the growth of Web3. SOIL coin powers the ecosystem, serving as the token for governance, security, and staking. With its upcoming testnet, Soileum Network is poised to become a key player in the decentralized identity space.

Company Name: Soileum Network

Contact Person: Badrinath M

Contact Email: team@soileum.com

City: Bangalore 

State: India

Website link: https://soileum.com 

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

PhotoboothTO Announces New Heart-of-Toronto Address at 548A Dundas St W

Published

on

PhotoboothTO, Toronto’s leading photo booth rental company, announces the grand opening of its new downtown location at 548A Dundas St W. Recognized as Downtown Toronto’s #1 by BlogTO, WeddingWire, and EventSource, and awarded “Best Photo Booth Rental Service in Toronto 2024” by Top Choice Awards, this move enhances client accessibility. The new showroom features cutting-edge technologies like the Instapod, 360 Video Booth, and GlamBOT 360, offering unforgettable event experiences.

Toronto’s premier photo booth rental company, PhotoboothTO, is thrilled to announce the grand opening of its new downtown location at 548A Dundas St W, Toronto, ON M5T 1H3. Recognized as Downtown Toronto’s #1 Photo Booth rental and 360 Photo Booth rental company by BlogTO, WeddingWire, and EventSource, PhotoboothTO continues to set the industry standard. The company was recently honored with the “Best Photo Booth Rental Service in Toronto 2024” award by Top Choice Awards.

This strategic move into the heart of the city marks a significant milestone for PhotoboothTO and promises enhanced services and accessibility for clients across the Greater Toronto Area.

Strategic Placement in the Heart of Toronto

Located in the bustling downtown area, the new address places PhotoboothTO at the center of Toronto’s vibrant event scene. The strategic placement allows for seamless connectivity via public transit and major roads, making it more convenient for clients to visit the showroom or arrange consultations.

The central location not only enhances accessibility but also enables quicker service and setup times for events within the city. Clients hosting weddings, corporate events, or private parties in downtown Toronto can now benefit from faster response times and more efficient service delivery.

Company Recognitions and Awards

PhotoboothTO’s commitment to excellence has been acknowledged by leading industry platforms. Recommended as Downtown Toronto’s #1 Photo Booth rental and 360 Photo Booth rental company by BlogTO, WeddingWire, and EventSource, the company has consistently delivered top-tier services. The recent accolade of “Best Photo Booth Rental Service in Toronto 2024” by Top Choice Awards further solidifies PhotoboothTO‘s position as an industry leader.

Expanded Services and Offerings

At the new state-of-the-art showroom, clients can experience PhotoboothTO’s cutting-edge offerings firsthand. The showroom features live demonstrations of the latest technologies, including the Instapod, 360 Video Booth, and the much-acclaimed GlamBOT 360.

The GlamBOT 360 service captures high-quality, dynamic videos, adding a Hollywood touch to any event. It has become increasingly popular at high-profile weddings and corporate galas, offering guests an unforgettable experience. With the new location, PhotoboothTO plans to host workshops and interactive events to showcase these innovative technologies to clients.

Commitment to the Community

PhotoboothTO has a long-standing history of involvement in Toronto events, from intimate weddings to large-scale corporate functions. The move to the downtown core underscores the company’s commitment to supporting local events and engaging with the community.

By partnering with local businesses and event venues, PhotoboothTO aims to contribute to the vibrancy of Toronto’s event industry. The new location enables the company to provide better support for a wide range of events, enhancing the overall experience for clients and their guests.

Experience the PhotoboothTO Difference

Event planners, couples, and corporate clients are invited to experience the difference that PhotoboothTO’s innovative services can make. With a wide array of cutting-edge offerings, we ensure that every event becomes a memorable experience for guests. Whether it’s the GlamBOT 360, capturing high-quality, Hollywood-style videos, or the Instant-Printing Photo Booths that allow guests to take home physical mementos instantly, our services are designed to impress.

No matter the occasion, PhotoboothTO’s offerings are tailored to create a truly unforgettable experience, elevating your event to new heights.

Media Contact

Organization: PhotoboothTO

Contact Person: Christian Gladwell

Website: https://photoboothto.com/

Email: Send Email

Contact Number: +18027349577

Address: 548A Dundas St W

City: Toronto

State: ON

Country: Canada

Release Id: 22102418779

The post PhotoboothTO Announces New Heart-of-Toronto Address at 548A Dundas St W appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

How to Prepare for Job Interviews with Kickresume

Published

on

So, you’ve successfully navigated through the Applicant Tracking System (ATS), and your resume has impressed enough to secure an interview. Now, the real challenge begins. The interview is a crucial step that can either make or break your chances of landing the job. While some of us may feel confident from prior experience, many job seekers require extra preparation to pass interviews and land their dream positions.In this article, we will explore how to prepare for job interviews with the help of Kickresume’s advanced tools and features, giving you the edge you need to impress hiring managers.

So, you’ve successfully navigated through the Applicant Tracking System (ATS), and your resume has impressed enough to secure an interview. Now, the real challenge begins. The interview is a crucial step that can either make or break your chances of landing the job. While some of us may feel confident from prior experience, many job seekers require extra preparation to pass interviews and land their dream positions.

How to Prepare for Job Interviews with Kickresume

In this article, we will explore how to prepare for job interviews with the help of Kickresume’s advanced tools and features, giving you the edge you need to impress hiring managers.

5 Reasons Why Job Applicants Fail Interviews

  1. Lack of Preparation: Many candidates show up without having done sufficient research about the company or role.
  2. Poor Communication Skills: Interviewees often struggle to express their skills and experiences effectively.
  3. Inability to Answer Unconventional Questions: Some candidates get flustered by unexpected questions they weren’t prepared for.
  4. Lack of Confidence: Nervousness can undermine your performance and lead to missed opportunities to showcase your strengths.
  5. Failure to Understand the Role: Candidates who don’t fully grasp the specifics of the job they’re interviewing for often struggle to give relevant answers.

How to Prep for Job Interviews with Kickresume

Kickresume is a powerful tool designed to help job seekers not only create standout resumes but also prepare for job interviews using advanced artificial intelligence. With its AI Job Interview Questions Generator, Kickresume helps you get ready for your interviews by simulating real-world scenarios and providing tailored questions for your industry, job role, and level of experience.

1. Generate Custom Interview Questions

Kickresume uses AI algorithms to create semi-random interview questions based on your resume, job title, and industry. Once you upload your resume, Kickresume analyzes your background and generates a list of questions that hiring managers are likely to ask. This feature exposes you to a diverse set of questions, helping you anticipate the unpredictable nature of real interviews.

The benefit here is clear: you’re not just guessing what might come up in the interview. Instead, you’re practicing for the specific questions that are relevant to your field, which increases your preparedness and confidence.

2. Practice for Both Common and Unconventional Questions

One key advantage of Kickresume’s AI Job Interview Questions Generator is that it doesn’t just focus on standard questions like “Tell me about yourself” or “What are your strengths and weaknesses?” It also prepares you for more unique or challenging questions that can throw less-prepared candidates off.

Whether you’re asked about your problem-solving skills, your approach to teamwork, or how you handled failure, Kickresume helps you structure thoughtful and clear answers.

This holistic preparation ensures that you can navigate both the predictable and unexpected aspects of any interview with confidence.

3. Understand the Intent Behind Each Question

Another standout feature is the platform’s ability to explain the rationale behind each interview question. Kickresume helps you understand why a hiring manager might ask a particular question, giving you deeper insight into what they’re looking for in your response.

For example, when asked, “How do you handle failure?” a hiring manager is likely trying to gauge your resilience and ability to learn from mistakes. By understanding this, you can frame your answer to highlight these traits.

4. Save Time with Effective Preparation

Using Kickresume’s AI-powered question generator saves you time. Instead of spending hours scouring the internet for potential interview questions or guessing what might be asked, Kickresume does the heavy lifting for you. The targeted questions and preparation tips allow you to focus your energy on refining your responses rather than creating the questions from scratch.

5. Improve Your Confidence and Communication

Practice makes perfect, and Kickresume’s interview preparation tools allow you to practice as many times as you need. The more familiar you are with the types of questions you might encounter, the more comfortable and confident you will be during the actual interview.

With Kickresume, you’ll improve your communication skills, refine your answers, and be well-prepared to tackle any question thrown your way.

Kickresume Helps Hiring Managers Too

Kickresume isn’t just for job seekers, it’s also a great resource for hiring managers. The platform helps recruiters create role-specific interview questions, making the interview process smoother and more effective.

By using Kickresume’s tools, hiring managers can generate thoughtful, tailored questions that dive deeper into a candidate’s skills and experience, leading to more engaging and insightful interviews.

Kickresume’s AI-powered interview preparation tools offer a unique advantage by generating tailored questions, explaining the intent behind each one, and simulating real-world interview scenarios.

For hiring managers, it simplifies the preparation process and ensures more meaningful interviews. Whether you’re applying for a position or conducting the interviews, Kickresume offers a comprehensive, AI-driven solution to improve the process for everyone involved.

By utilizing Kickresume, you’ll walk into your next interview with confidence and the right answers to make a lasting impression.

Read also: How Kickresume Can Help You Land Your Dream Job

Media Contact

Organization: Kick resume

Contact Person: Juraj Ondrejka

Website: https://bit.ly/kickresumebuilder

Email: Send Email

City: Beckov

Country: Slovakia

Release Id: 22102418750

The post How to Prepare for Job Interviews with Kickresume appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST