The future of cybersecurity after Covid-19
The rapid pace at which businesses have digitised their infrastructure in recent years – often fast-tracking initiatives in order to keep up with competition – has left many companies vulnerable to cyber-attacks, as security considerations can often be pushed by the wayside. Now, after the Covid-19 pandemic has forced large-scale adoption of work-from-home technologies and the use of cloud services, cyberthreats to businesses have increased significantly.
The pandemic has also revealed myriad shortcomings within organisations across industry sectors when it comes to their business continuity plans and risk management, and has proven that cyber security is an organisation-wide responsibility — not only an IT issue. In the wider ecosystem, the pandemic has outlined the need for greater cooperation and collaboration across both public and private domains, as firms seek to tackle the challenges that have come from Covid-19, including cyber criminals who attempt to exploit the situation for gain.
This inaugural session of our Digital Transformation Series will seek to answer questions including:
- What are the best practices in ensuring roles and responsibilities related to cybersecurity are clearly defined and communicated through every level of an organisation?
- What do businesses need to do to ensure they are prioritising the protection of their critical capabilities and services?
- How should businesses continuity plans be revised to enhance security and compliance with the hindsight of experiencing a modern-day pandemic?
- What can be done to strengthen collaboration between industry networks and intelligence sharing to disrupt cyber-criminal activity and reduce risks?
- How can organisations ensure they are fostering an organisation-wide culture of cybersecurity resilience?
- How do corporate executives determine the appropriate level of capital investment necessary for cybersecurity protection at their organisation?
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How 5G will revolutionise the workforce
The headlines are everywhere: 5G is coming and it’s going to be one of the most life-changing technologies to come around in decades. Experts claim that 5G has the power to unleash unprecedented levels of change in the workplace, leaving many corporate leaders to ask the simple question — how?
The number of answers to that question are nearly limitless, as 5G technology is expected to impact nearly every business sector in drastic ways — particularly for sectors including smart city management, disease tracking and prevention, remote medical diagnosis, driverless vehicles and supply chain/logistics management — leading to increased efficiency and overhead cost reductions for any organisation who invests in the technology. Experts also believe the data storage and analysis capabilities offered through 5G will be unprecedented in helping organisations grow their business.
As 2020 marks a new era for 5G technology, what questions should corporate leaders be asking to gain a better understanding of how 5G can benefit their business, and what goes into executing and financing its implementation? How can business leaders monitor the effectiveness of 5G once established? What needs to happen for public acceptance of the technology to become widespread? Who sets the standards and regulations pertinent to 5G and what is the current regulatory landscape? What are the risks associated with implementing 5G into a company’s technology infrastructure? Are there cyber-security or data privacy concerns? Are there sectors which would benefit from 5G far more than others?
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Practical applications of AI and automation in your business
Automating repetitive, and sometimes complex, business processes, workflows, and menial tasks is significantly boosting business efficiency and simplifying employees’ lives for organisations who have begun implementing such infrastructure into their business. Meanwhile, they are cutting costs, becoming more operationally efficient, improving employee productivity, and ensuring stronger accountability and compliance. Automated processes have become particularly useful in the face of Covid-19 and the potential for business interruptions. What are the most practical uses of automated business functions and what are some concrete examples of how they can benefit businesses? How do businesses determine what type of automated technologies are best for their company’s goals and operations? How does automation help business efficiencies in the face of disruptions like Covid-19? What are some of the most common mistakes businesses make when automating business functions?
John Artman, Technology Editor, South China Morning Post
Ryan Chan, Sales Director, SoftBank Robotics Hong Kong
Akina Ho, Head of Digital Transformation & Innovation, The Great Eagle Company
Kenneth Shek, Founder & Head, Beta Labs, The Lane Crawford Joyce Group
Fred Sheu, National Technology Officer, Microsoft Hong Kong
What is the future of job opportunities as automation takes over?
While AI and automation are transforming businesses and directly impacting their bottom lines, it has also made many wonder how job opportunities will be affected in the coming years. Many analysts point out that AI doesn’t automate jobs, it automates tasks — meaning humans will maintain the ability to adapt and work in tandem with automation. Meanwhile, a new trend, known as “zebra” companies — those dedicated to making their business simultaneously profitable and reparative to society — provide hope that changes to overall business culture help to shift focus on sustainability in all realms of the workplace, including job opportunities. How can business leaders convince staff their roles are secure as automation becomes more prevalent? Is a “zebra” business model realistic if stakeholders are purely focused on an organisation's bottom line? Can veteran employees be “re-skilled” to use AI technologies?
Gareth Nicholson, Deputy Technology Editor, South China Morning Post
Prof. Witman Hung, JP, Hong Kong Deputy, 13th National People's Congress; Principal Liaison Officer for Hong Kong, Shenzhen Qianhai Authority
Pamela Mar, Executive Vice President – Knowledge and Applications, Fung Academy, Fung Group
Jonathan Peng, Senior Solutions Architect, Alibaba Cloud Intelligence Hong Kong, Macau, Taiwan, Korea, Philippines
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It's a cloud world: Why cloud computing is crucial to every business
Businesses that implement cloud computing into their digital transformation strategies consistently report enormous growth and improved efficiency. Cloud computing provides businesses the ability to stay relevant and thrive at a time when being able to innovate on the fly is more important than ever. Digital transformation requires cost and work efficiency, agile functionality, increased systems security and sometimes rapid scalability – cloud computing is the backbone that enables each of these needs.
Of course, implementing all of the above functionalities through cloud computing certainly comes with challenges. Security must be robust when dealing with vast amounts of data, bandwidth requirements can be costly, migrating legacy systems to a new server can be cumbersome and overall governance measures need to be carefully thought out and implemented.
What are the most practical uses of cloud computing, and what are some concrete examples of how it helps businesses increase efficiency and agility? How do businesses determine what type of cloud functionality is right for their particular company’s goals and operations? How are business leaders ensuring that funds allocated to their cloud services are well spent? How does cloud implementation impact the overall skill-sets required of company employees? What are some of the most common mistakes businesses make when implementing cloud computing into their infrastructure?
Further details will be announced soon.