Snippets: Digital opportunity and threat

80% of traditional companies will lose 10% in market share due to disruptive competition: Gartner

The top digital companies in the Asia-Pacific region represent both a threat and an opportunity to global enterprises, and chief information officer (CIOs) ignore them at their own risk, according to Gartner, Inc. Analysts advise CIOs involved in building or expanding a digital business to identify and understand Asia's top disruptors as early as possible and work with their strategic planning groups to decide to collaborate with or compete against these digital giants. Gartner predicts that through 2021, 80 per cent of traditional companies will lose 10 per cent in market share due to disruptive competition and/or the inability to disrupt themselves.

CIOs and IT leaders in global enterprises are familiar with US-based digital giants Google, Facebook, Amazon and Apple, but those in Asia are normally shrouded in regard to how they are disrupting the digital business landscape, according to CK Lu, research director at Gartner.

Endpoint security

Forty-seven per cent of respondents to a survey by Cylance Inc. have deployed machine learning for endpoint security, with 23 per cent currently testing the technology. Nearly half (46 per cent) organisations experienced a ransomware attack in the previous 12 months, impacting more than five per cent of their endpoints in most cases (56 per cent). The report outlines how both old and new attack forms are top-of-mind for security teams, and show that the majority of businesses across the globe are either currently or planning to incorporate machine learning in their endpoint defenses. Thirty-five per cent respondents also indicated that known malware was the most common threat faced in the past two years. “The threat landscape is constantly changing, but this research shows that just because an attack form is old doesn't mean it won’t remain effective,” said Doug Cahill, senior analyst, Enterprise Strategy Group.