Middle market embraces artificial intelligence, but obstacles remain 

Peers in middle market companies are increasingly leveraging AI technology to streamline operations and gain a competitive edge. According to the RSM Middle Market AI Survey 2024: U.S. and Canada, 78% of executives are using AI, either formally or informally, and 77% have adopted generative AI tools. These technologies are being applied across various business functions, including quality control and customer service, offering opportunities to improve efficiency and enhance customer experiences. While AI holds immense potential, businesses are also mindful of the challenges and risks associated with its implementation, such as data privacy concerns and integration complexities. Despite these hurdles, companies recognize the strategic importance of AI in staying ahead in an evolving marketplace.

The risks and precautions of using bitcoin ATMs

Accessing cryptocurrency through Bitcoin ATMs carries significant risks despite their growing popularity. One of the primary concerns is the potential for fraud, as scammers often exploit the anonymity of these machines. Users may be tricked into sending money to unknown or malicious wallets, making it difficult to recover funds. Criminals also take advantage of offshore crypto exchanges, further complicating the tracing and recovery of stolen assets. Moreover, Bitcoin ATMs are vulnerable to being used for illicit activities such as money laundering, leading to increased regulatory scrutiny.

Textile manufacturer transforms warehouse processes with NetSuite WMS

A company’s warehouse is at the heart of its operations. Effective supply chain strategies provide insight into inventory levels and keep products moving in and out on time to maintain customer satisfaction. But warehouse operations can become increasingly complex as organizations grow and more products need to be managed and stored and more volume flows through the supply chain. In many cases, companies require adjustments to their technology foundation to scale with growth and keep up with current and future demand.

SAP and Hilti partner to bring cloud-based product lifecycle management solutions

SAP and Hilti have partnered to bring product lifecycle management (PLM) solutions to the cloud. By integrating SAP's cloud-based PLM tools, Hilti aims to streamline its product development processes and enhance efficiency across its global operations. The partnership allows for improved data management and collaboration, providing a single repository for product data that enhances accuracy and reduces time to market. This collaboration marks a significant step in Hilti’s digital transformation, benefiting not only the company but also the construction industry by offering tailored, pre-engineered products more efficiently.

Disney data breach exposes financial secrets and sensitive customer information

A recent data breach at Disney has exposed sensitive financial and strategic information, according to reports from the Wall Street Journal. The leaked data, which surfaced online earlier this summer, includes over a terabyte of information. This breach encompasses personally identifiable details of Disney staff and customers, such as passport numbers, visa details, and addresses, particularly from Disney Cruise Line passengers. The hack was orchestrated by a group known as NullBulge, who accessed Disney's Slack channels, revealing more than 44 million messages, including computer code and details about upcoming projects.

SonicWall alerts on potential exploitation of SonicOS vulnerability

SonicWall, a cybersecurity company that provides network security solutions, has issued a warning about a recently patched vulnerability in SonicOS. Disclosed on August 22, this flaw affects Gen 5, Gen 6, and Gen 7 firewalls and involves improper access control in management access and SSLVPN, potentially leading to unauthorized access and firewall crashes. SonicWall has updated its advisory to indicate that this vulnerability may be actively exploited. Customers are urged to patch their devices immediately and update passwords if using Gen 5 or Gen 6 firewalls with SSLVPN. There are no reports of specific attacks involving this vulnerability yet, but past incidents suggest that threat actors have targeted SonicWall products.