How financial services can stay secure in the cloud: A guide

It was only a few years ago that an air of trepidation surrounded the cloud. However, in the present day, there is no question that having got through what Gartner termed a 'phase of disillusionment’, retail financial services firms see the immense value that cloud can bring. What’s more, with the implementation of the second Payment Services Directive (PSD2), the rise of fintech competitors and the emergence of blockchain technologies, many banks are...

By Chris Hill, 18 February 2020, 0 comments. Categories: Blockchain, Data & Analytics, Data Management, Infrastructure, Security, Software.

Hedera Hashgraph selects Google Cloud as preferred cloud provider

Hedera Hashgraph, a provider of a decentralised network and distributed ledger technology (DLT), has selected Google Cloud as its preferred cloud provider to push through enterprise-grade DLTs.

Hedera’s hashgraph consensus mechanism advocated by the company is touted as faster and more secure than other blockchain consensus offerings. The company sees itself as part of the third generation of public ledger technologies,...

By James Bourne, 12 February 2020, 0 comments. Categories: Blockchain, Developers, Google, Infrastructure.

Exploring the commercial advantages of blockchain technologies – and what CIOs need to do about it

The initial commercial interest in cryptocurrency IT infrastructure was the potential to enable an alternative to government-backed fiat currencies. However, now most of the forward-looking focus is on blockchain, the distributed ledger technology that underpins the new applications.

Although deployments are still very much in the realm of the early adopter, blockchain has proven advantages across several vertical industries: it is safe, decentralised, transparent and can reduce intermediary costs.

Blockchain use case...

By David H Deans, 11 November 2019, 0 comments. Categories: Blockchain, CIO, Data & Analytics, Data Management, Infrastructure.

Enterprise blockchain firm Cypherium secures Google Cloud partnership, adding to AWS deal

Meet Cypherium. The New York-based blockchain startup is partnering with Google Cloud – making it the third major cloud provider to secure a deal with the company.

The company’s goal is to provide an enterprise-ready blockchain platform which promises up to 5,000 transactions per second. Scalability continues to be a concern for organisations looking to utilise blockchain technologies, and is seen as a determining...

By James Bourne, 16 August 2019, 0 comments. Categories: Blockchain, Enterprise, Google.

AWS announces availability of Amazon Managed Blockchain service

Amazon Web Services (AWS) has announced the market availability of its Amazon Managed Blockchain (AMB) service, which is designed to help companies develop and manage scalable blockchain networks.

The platform extends its support to thousands of applications and millions of transactions via open source frameworks, such as Ethereum and Hyperledger Fabric. Those intending to permit multiple parties to perform transactions and maintain a cryptographically verifiable record of them without the need for a...

By Cloud Tech, 02 May 2019, 0 comments. Categories: Amazon, Blockchain, Enterprise, Infrastructure.

VMware’s blockchain now integrates with DAML smart contract language

VMware’s move into the blockchain space represents the latest cloud vendor getting involved with the technology – and it has been enhanced with the announcement of an integration with Digital Asset.

Digital Asset, which operates DAML, an open source language for constructing smart contracts, is integrating the latter with the VMware Blockchain platform. The move to open source DAML was relatively recent, and the...

By James Bourne, 17 April 2019, 0 comments. Categories: Blockchain, Infrastructure, VMware.

Enterprise demand for agile, data-centric architectures: The next wave of big data and analytics

Augmented analytics, continuous intelligence and explainable artificial intelligence (AI) are among the top trends in big data and analytics that have significant disruptive potential over the next three to five years, according to the latest worldwide market study by Gartner.

"The size, complexity, distributed nature of data, speed of action and the continuous intelligence required by digital business means that rigid and centralized architectures and tools break down,” said Donald Feinberg, vice president at...

By David H Deans, 05 March 2019, 0 comments. Categories: Applications, Big Data, Blockchain, Data & Analytics, Data Management.

New malware strain can evade and uninstall cloud security software, researchers warn

The good news: your organisation has finally gotten around to installing some top of the range cloud security tools. The bad news: malware has been developed which can evade detection from them.

The nefarious discovery from threat actor Rocke was made by Palo Alto Networks Unit 42, with the security researchers noting that it was ‘to the best of [their] knowledge the first malware family that developed the unique capability to target and...

By James Bourne, 18 January 2019, 0 comments. Categories: Blockchain, Infrastructure, Security, Vulnerabilities.

You've got 99 problems when it comes to public cloud compliance – but cryptojacking may not be one

If cloud is part of the conversation for organisational digital change, then cloud security will forever be not far behind. According to new research from Unit 42, compliance needs to be stepped up, yet cryptojacking may be on the decline.

The company – the threat intelligence arm of Palo Alto Networks – put together analysis based on existing threats to cloud security over the second half of 2018, focusing on Amazon Web...

By James Bourne, 14 December 2018, 0 comments. Categories: Blockchain, Compliance, Data Management, Research, Security.