Magazine Big Data December 2015 | Page 4

4 CIO STORY CIO STORY 5 Editorial Are you the next data breach waiting to happen? Big Data - a Big Deal The Enterprise Gateway DECEMBER - 2015 BigData Special Edition Editor-in-Chief Brian Kreiner [email protected] Managing Editor VK Uday [email protected] SALES ENQUIRY [email protected] Mailing Address CIO STORY 1999 S. Bascom Avenue, Suite 700, Campbell, CA 95008 T:408.915.5363, F:408.608.2009 Published by CIO STORY To subscribe to CIO STORY Visit www.ciostory.com I All businesses depend upon the integrity and their computer networks to operate efficiently, effectively, and securely. Corporate directors and officers have fiduciary obligations to safeguard these assets, and lawyers additionally have an ethical obligation to their clients. When a breach happens, reputational, regulatory, financial and legal risks proliferate. Unfortunately, the key question that never seems to get answered is: What exactly are we at risk from and what are we supposed to do about it? With over a decade of experience in handling hundreds of matters, here is the hint: Copyright © 2015 CIO STORY, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. It’s not your firewall or anti-virus, it’s your business practice that puts you at risk...People are the weakest link. [phone] www.digital4nxgroup.com Digital4nx Group provides “Ethical Hacking” assessments. We attack network and computer systems using real-world tools and techniques in order to find security weaknesses, Identify specific risks to business systems, critical data, and help customize proven mitigation strategies. w w w.ciostor y.com www.ciostory.com CIO STORY t is safe to say that Big Data has brought the future of data analytics to our current times. With the extent of competition between businesses, any corporate falling behind in terms of responding to customer demands is always going to lose out in the rat race. Agile, informed decisions are what companies depend upon these days to adapt themselves with the ever-changing market scenario. Sky is the limit for the amount of data that this technology can uncover and transfer. About 15 years ago, data in such large volumes could not even be fathomed, what with personal computers with a storage capacity of 10 gigabytes being a novelty back then! By no means then, does it come as a surprise that Big Data finds its applications in so many diverse fields. Right from online gaming, educational organizations and retail stores to large scale manufacturing businesses and even the government agencies depend on Big Data to drive their daily business. Fortune 1000 companies are already changing the way they think and carry out their businesses just so that let Big Data take control and allow it to convert their business flaws into advantages. With Big Data deemed to be a multi-billion dollar industry, this is certainly a key component to look out for as we enter the second half of this decade. Happy New Year to all our readers, and let’s hope that 2016 will be filled more success stories, and more cutting edge technologies to create possible avenues for success stories.