The US House of Representatives has given the green light to the Blockchain technology, advocating that the new-era innovation be implemented as a “national policy for technology to promote consumers’ access to financial tools and online commerce to promote economic growth and consumer empowerment.”
While the year 2017 more or less stabilized new technologies, the coming year could see a significant incline. Emerging technologies that could have a long-term impact include Blockchain, Artificial Intelligence, Big Data Analytics, and Cloud Computing.
The increasing security threat surface is a major challenge for businesses, particularly those functioning in the BFSI sector. There has been a lot of news of frauds as well as hacking from this sector, which is giving Chief Information Security Officers sleepless nights. Digital deployments bring with them increased vulnerabilities. The attack surface has increased because of the extensions within enterprise. Frequency and sophistication of cyber threats are continuously growing. In the evolving threat landscape, digital transformation technologies such as Artificial Intelligence and Machine Learning hold a great deal of hope.
There is a paradigmatic shift in the way digital is becoming part of our life: from digital payments, to the way we shop or even interact with each other. Today, there are millions of connected devices, smartphones, as well as Internet users. Such is the extent of this digital revolution. This is bound to have far-reaching implications for organizations as far as cyber security is concerned. Artificial Intelligence can provide the requisite sharpness to ward off IoT security issues.