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Cybercrime on the rise in Canada, small businesses vulnerable
We’re gearing up for Cybersecurity Awareness Month 2023. new research by master Card highlighted the sharp rise in cybercrime in the country, particularly affecting small and medium-sized businesses. Since the start of the pandemic, cyberattacks in Canada have increased by a staggering 600 per cent.
Small businesses are in a precarious position as they often lack the resources and expertise needed to combat cyber threats. Research shows that these businesses struggle to invest in essential cybersecurity tools, with only 16% of small business owners confident that they know the appropriate steps to take after a cyberattack. is. Additionally, only 18% of respondents expressed complete confidence in their company’s ability to recover from an attack within the next six months.
To help small businesses strengthen their cybersecurity defenses, Mastercard Canadian Federation of Independent Business (CFIB) Launch of Cyber Security Academy. This initiative provides lessons and free tools to meet the unique needs of small businesses.
Additionally, through our partnership with MasterCard, digital main street plans to release a video course in October to educate small and medium-sized businesses about cybersecurity, leveraging the expertise of Mastercard’s cyber specialists and digital Main Street knowledge.
Scotiabank chooses CGI to deploy enterprise payments platform
technology companies C.G.I. have announced selected to introduce CGI All Payments for scotiabank, one of Canada’s multinational banks. This enterprise payments platform supports Scotiabank’s efforts to strengthen its payments solutions globally.
CGI All Payments is designed to be scalable and adaptable, and is compatible with a variety of IT ecosystems and cloud environments, the company said in a release. It integrates with CGI’s other financial management products and is built with an API-enabled architecture that complies with ISO 20022 standards.
IBM aims to train 2 million learners in AI by 2026
During the move To address the global artificial intelligence (AI) skills shortage, IBM We plan to train 2 million learners with AI by the end of 2026, with a special focus on underrepresented communities.
IBM’s strategy to achieve this goal includes expanding collaborations with universities around the world, forming partnerships to deliver AI education to adult learners, and introducing new generative AI coursework. will appear. IBM Skill Build. The company said these efforts will build on IBM’s existing programs and career development platform and enhance accessibility to AI education and technical roles.
In a recent global study conducted by the IBM Institute of Business Value, surveyed business owners believe that 40% of their workforce (mainly entry-level positions) will need to be reskilled over the next three years due to AI adoption. It became clear that we expected that there would be. This confirms the growing demand for new skills and roles in the field of generative AI.
Justina Nixon Saintil, vice president and chief impact officer at IBM, emphasized the importance of AI skills in the future workforce, saying: That’s why we’re investing in AI training with the aim of reaching 2 million learners in 3 years, and expanding IBM SkillsBuild to collaborate with universities and nonprofits to improve learning around the world. We are providing new generative AI education to people. ”
WEMAX, INC. partners with Best Buy CA
wemaxINC. is announced partnership with Best Buy CA, which aims to expand its audience reach to Canadian consumers. As part of this partnership, Best Buy CA will serve as the primary platform for selling WEMAX’s certified open box products and refurbished products.
By offering new and used products through Best Buy CA, WEMAX is expanding its commitment to sustainability in the consumer electronics industry by extending the lifecycle of its products.
The partnership between WEMAX and Best Buy CA and the launch of the online shop represents the company’s desire to expand its services to Canadian consumers while contributing to the sustainability of the electronics industry, the company said in a release. .
Interac e-Transfer records 25% year-over-year growth as Canadian side hustles rise
Canadians are increasingly seeking side jobs to supplement their income. recent research carried out by Interac Inc.. We shine a light on the ‘thriving with nine’ trend that is gaining momentum. While financial gain is often the initial motivation for starting a side hustle, the survey found that more than half (55%) of respondents found their side hustle to be unexpectedly fulfilling. Ta. Three-quarters (76%) plan to continue their side hustle alongside their day job, while nearly two in 10 (17%) are considering a full transition, turning their passion project into a full-fledged career. I’m considering changing to .
Research indicates that the satisfaction derived from these entrepreneurial pursuits is closely tied to specific milestones. For some, there is the joy of making their first sale (22 percent), while for others it is the joy of reaching a profitability milestone (25 percent) or issuing their first employee paycheck (25 percent). 23 percent) are happy. The study shows that Interac e-Transfer plays a role in supporting these outcomes, with nearly two-thirds (62%) of entrepreneurs surveyed using the service for business-related payments, an increase of 25% year over year. It is clear that the company has contributed to the growth of In trading volume.
The survey targets a broader range of entrepreneurs, including freelancers and small business owners with four or fewer employees. Key takeaways from this group include:
Startup surge: Almost half (46%) of Canadian entrepreneurs have observed a sharp increase in individuals within their personal networks taking on side hustles in the past year. Additionally, 4 in 10 (40%) are currently considering at least one new business venture.
Means for success: The new management expressed a lack of financial confidence and knowledge in the early stages. Only 15 per cent of Canadian entrepreneurs reported having high confidence in managing their business finances from the start. Almost half (49%) faced difficulty finding the right information or advice, lacked financial confidence, struggled to access financial tools and faced difficulties tracking their finances. .
Explore further
Despite AI, information security leaders can be ’employed forever,’ conference says
Cyber threats are so pervasive that artificial intelligence solutions won’t put chief information officers and security officers out of their jobs, announced this week at a financial conference in Toronto.
Lenovo introduces new solutions for edge AI workloads
Lenovo announced Lenovo TruScale for edge and AI services and the new server ThinkEdge SE455 V3 to support intensive remote AI workloads.
Zoho Announces Zoho Billing for SMBs, Talks with GenAI
At the Zoholics User Conference in Toronto last week, Zoho announced the launch of Zoho Billing, describing it as an end-to-end billing solution for small and medium-sized businesses.
Rogers leverages AI and SpaceX technology to fight British Columbia wildfires
Rogers today announced that it will use SpaceX’s Swarm service, which provides low-band satellite connectivity to IoT devices, to deploy satellite-connected sensors to more accurately predict wildfires in remote areas of British Columbia without wireless networks. He announced that he was using it.
Air Canada admits to hacking of employee data
Canada’s national airline acknowledged the damage was described as a “short-lived” breach of security controls, but Air Canada’s statement said it did not explain when the incident occurred and how much personal information the attackers accessed. It has not been revealed.
ServiceNow integrates key products with generative AI in Now Platform Vancouver release
ServiceNow announced generative AI integrations and new features as part of the Vancouver release of the Now Platform. Today’s release comes less than six months after its launch in Utah (the company names its releases alphabetically after locations in the world).
DDoS attack behind Canada Border Agency problems
Canada Border Services Agency is the latest federal agency to admit it has been hit by a recent wave of denial-of-service attacks.
Staying informed is always a challenge. There is so much to do and so little time. But we’ve got you covered. Let him drink 5 cups of coffee while nibbling on these tips.
Listen to the latest episode of Hatrend
Hashtag Trends September 26th – Amazon Spends Billions on Anthropic. ChatGPT will be ready to see, hear, and talk in no time.Tesla’s robot Optimus can now perform yoga
Listen to the latest episode of Cybersecurity Today
Cyber Security Today, September 25, 2023 – Indian hackers say they are targeting Canadian websites
Listen to the latest episode of Hashtag Ten Dance
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