Technology Record - Issue 27: Winter 2022

18 MAR K E TWATCH Emotet malware has resurfaced as a threat to financial organisations, despite international efforts to disrupt its spread in 2021. According to cybersecurity provider Akamai, there has been a strong increase in infections by Emotet since November 2021 as it returned to being one of the most prevalent forms of malware. The trojan spreads via phishing emails, launching its service once a user clicks a link opening a macro-enabled attachment. It then primarily functions as a downloader of other malware code and can evade many types of detection by blending in with general email communications. Akamai’s cloud-based secure web gateway (SWG) looks at all outbound Domain Name System (DNS) and URLs, blocking requests to Emotet delivery sites early and before any connection is made. Read more at: Akamai protects against re-emerging financial services malware Engineering and simulation software provider Ansys has added new Hybrid Analytics capabilities to its digital twin creation solution. Ansys Twin Builder enables users to quickly create digital twins of in-service assets, which in turn facilitates enhanced life cycle management and predictive maintenance. The new Hybrid Analytics capabilities are comprised of a set of machine learning tools that combine physics and data in different ways so that users can increase their digital twin prediction accuracy. Hybrid Data Enhancing Sim Sim Enhancing ML Models Physics and Simulation Data and ML Ansys enriches digital twin solution DID YOU KNOW? Daryl Plummer, chief of research at Gartner, presented the predictions at Gartner IT Symposium Orlando on 18 October 2022 Photo: Gartner By 2025, the variable nature of labour will cause 40 per cent of organisations to report a material business loss, forcing a shift in talent strategy from acquisition to resilience. Also by 2025, artificial intelligence will consume more energy than the human workforce, significantly contributing to the production of carbon, if sustainable practices aren’t adopted. By 2027, fully virtual workspaces will account for 30 per cent of the investment growth by enterprises in metaverse technologies, reimagining the office experience. Read more about the above predictions in Gartner’s Top Strategic Predictions for 2023 and Beyond.