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The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation’s central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions. During the second phase of the e-krona pilot project — which began in February 2021 — the CBDC was investigated on the matter of its technical ability to function within the country’s existing digital banking infrastructure. Participating banks included Handelsbanken and Tietoevry. The report indicated that the e-krona could indeed be successfully exchanged for fiat money and used in transactions, both online and offline. This phase of testing also brought legal clarity to the project ...
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Sourced from International IDEA Cybersecurity threats are at an all-time high. With organizations increasingly employing hybrid work models, it has become more vital than ever to educate employees on the various cybersecurity risks that come with a distributed work environment. In a hybrid work environment, employees working from home pose a greater security risk compared to those working at the office. Home networks are less secured than corporate networks, unprotected by in-office firewalls and advanced fraud detection systems. In the comfort of one’s home, a small mistake by an employee could potentially risk the company’s confidential data being leaked. However, risks like data leaks and device compromise can be managed by following certain best practices. Here are some of the practice...
Image sourced from Pixabay In today’s corporate world data is power, and for a business strategy to be worthwhile, it must be supported by substantial data. Moreover, without research, it will be difficult for organisations to identify areas of improvement. It is important for business owners to learn how to collect relevant data. In order to be usable, data must be accurate, complete, timely, and reliable – not just a random set of facts with no purpose. With the right context, data can help your organisation make informed, critical decisions. Why is Data Collection Necessary? For a variety of reasons, several types of data are collected and measured. For example, business owners can look into the purchasing histories of their customers to find out which products are popular among specifi...