COVID-19 Brings Opportunity For Businesses To Tide Over The Current Crisis


By MYBRANDBOOK


COVID-19 Brings Opportunity For Businesses To Tide Over The Current Crisis

Businesses need to embrace in the context of new consumer journeys and category needs. We are experiencing unprecedented shifts in consumer attitudes and behaviors.

 

The recent survey shows on how COVID-19 has changed the way on how IT departments were grappling with the impact of the COVID-19 pandemic. The report indicates that the vast majority of IT professionals, at 96 percent, report that COVID-19 has changed their thinking. This includes those polled stating that the current situation has made their lives more centered on technology than ever before. in addition, 48 percent of respondents report that they have a greater realization about how interconnected we are.

 

Almost 90 percent of the technologist said the companies they work for will be focused on cost optimization as a result of COVID-19 disruption, and much of this will center on cloud computing. This does not mean there is no longer a role for legacy computing; almost 60 percent of IT personnel stated that legacy computing had proved essential during the disruption.

 

A Billion dollar question is on :

 

How the countries of the developing world could not able to control the spread of the pandemic?

 

It is good news, India and Australia on Thursday elevated their ties to a comprehensive strategic partnership and signed seven agreements, including a landmark deal for reciprocal access to military bases for logistics support. The agreements were signed during an online summit between Prime Minister Narendra Modi and his Australian counterpart Scott Morrison and

 

Government has sets up an empowered group of secretaries to attract investments to India. The cell is aimed at creating projects with all approvals, land available for allocation and with the complete detailed project reports for adoption/ investment by investors. The decision was taken at a meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi.

 

Every Industry is transforming at break neck speed. Those that have not moved fast enough and embraced Digital, will clearly jump onto the bandwagon, really quickly. Technology will ensure that the Bounce Back will be resilient and enable growth at a higher trajectory. The take off could be rough, but the landing, I assure you, much smoother.

 

At the same time, the biggest challenge coming on the social hacking, is an attack-type where cyber-attacks/ data breaches are orchestrated by cybercriminals using a wide array of methods that exploit human nature and trust, rather fully relying on technology. The biggest challenge is Phishing and Spear Phishing.

 

90% of all cyber-attacks are initiated by phishing. Delivered through email, chat, digital ads, website, and social media, among others, the messages in phishing attacks impersonate real/ legitimate systems and organizations such as banks, NGOs, major corporations, legitimate charities or even one’s employer.

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