Thursday, September 29, 2022

Experts analyze the impact of technology on the future of business

Marcelo FellowPresident of IAEF, said: “In recent years and especially after the pandemic, with business strategy being a key element of differentiation in the digital world, it is impossible to imagine any business sector in the coming years that is not digitized, changing the concept or to disappear”.

“This is how we find ourselves facing a new world with new challenges and opportunities, where technology is essential to transform and accelerate business. A world where we now talk about business in two dimensions. But there are many dimensions we must interact with: Artificial Intelligence, Metaverse, Sustainability, Analytics, Big Data, etc.”

Similarly, he assessed: “Facing this, the role of finance executives as transformers and evangelizers of change throughout the organization is important, but with a particular emphasis on cultural change in the financial teams needed to cope with these changes.” Together, promoting diversity, flexibility. and collaboration where the team as a whole is the key to success. At IAEF we are absolutely confident that these changes will bring new strategic business challenges as well as new job opportunities for our associates. together generate a universe of opportunities. Technology is essential for business. That new is not a threat to companies. All company processes can be digitized and the main thing is cultural change. Curiosity to achieve change, Courage and perseverance are essential. In 2024, the Metaverse business is projected to be $700 billion.”

The most relevant topic of the Digital Finance Forum was undoubtedly cyber security.

At the Cybersecurity Panel in the Digital World, one of its speakers, Gustavo Ogawa – vice president of security at Rappi, said that hackers respond with a natural appetite: “I was a bad hacker, I committed crimes when they didn’t know. Crime”.

Ogawa then explained that a cybercriminal is someone who uses their skills to confiscate relevant information for the benefit of himself or third parties.

“Hacker currently collaborates with companies. Today companies have internal hacking teams. Hacker finds system vulnerabilities. This is very useful for a company. Hackers have two teams, one offensive and one defensive, red and white. blue, methodological military origin,” he said.

And he added: “It is necessary to invest wisely in cyber security, such an investment should be about 8% of the company’s budget, today instead about 3% is invested, which is very little, it is not enough.

There is a shortage of 4 million cyber security experts in the world today. At least 600,000 are missing in Latin America. Cyber ​​security requires a huge investment, commensurate with the huge risk of not doing it, not investing.

“In any case, we do not eliminate specialist risks; we only reduce the likelihood of an attack occurring. 95% of cyber attacks are caused by a human error. Cyber ​​attacks have decimated the business of insurance policies, businesses has become smaller and smaller,” he concluded.

Nation World News Desk
Nation World News Desk
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