MyPOV: We’ve been warning for ages that once the new GDPR regime kicked in that we expected the ICO to start slapping fines on high profile miscreant firms. Lo and behold and we have our first two
victims felons recipients of such fines. As Stuart, who authored both stories said:
On Monday the ICO announced it plans to impose a £183.39 million fine on BA following its handling of a data breach resulting from a cyber-security attack last summer. That’s the largest penalty proposed under the GDPR [General Data Protection Regulation] regime.
Next in line is Marriott International which is looking down the barrel of a £99.2 million fine. Once against this relates to a cyber-attack which exposed personal data relating top around 30 million related to residents of 31 countries in the European Economic Area (EEA). This was reported to the ICO in November last year when it was discovered, although the breach itself appears to date back to 2014.
I wonder if Paddy Power is running a book on who’s likely to be next? More seriously, it seems that a failure to secure systems is going to provide rich pickings for the ICO. The question remains – who pays in the end? My guess is that your next BA bill will have a 4% ICO tax levy slapped on it – just in case. Same goes for your fave hotel chain. Why? Cuz the shareholders ain’t going to stick for it.
Diginomica picks – my top stories on diginomica this week
Vendor analysis, diginomica style
How Workday plans to bring blockchain to the HR function – Phil got all giddy at the thought of
leveraging using blockchain infused powered enabled credentialing but as he said:
This early preview of Workday’s platform provides a strong example of one of the ways in which blockchain technology can potentially solve real-world pain points for enterprises. That makes it very interesting. But at this early stage, many questions remain, not least around performance, privacy and cost. And perhaps the most important questions surround the issue of control.
Even so, lots of people glommed onto the story so maybe it does make sense.
Host Analytics’ new CEO Grant Halloran – the best-of-breed EPM midmarket will fuel our growth – Jon says hello to freshly minted CEO. There are plenty of challenges ahead.
Cloudian and the building blocks of edge computing – Martin
chews the fat discusses edge cases with CEO Tso.
…the fundamental requirement is to ensure that the edge and the core both have the same set of APIs whether they are out at the edge, in a hybrid environment or in a very private cloud. The need is to provide a namespace that spans across private data centres and spans into the cloud.
Den’s retail shopping trolley
Retail is divided into two world’s – those that get it and those that don’t. This week – those that don’t include Word salad around omni-channel transformation isn’t going to bowl anyone over at Bed, Bath & Beyond and Ocado singed by warehouse fire, but partner deals and “immediacy delivery” bode well, both of which gave Stuart ample opportunity to hone his
sarcastic creative headline writing skills. Add in creative potent body copy and you get this:
I can’t see that word salad calming angry activists at the shareholder meeting on 25 July, even if it’s served up in a lovely salad bowl from Bed, Bath & Beyond’s extensive range.
And Winston was noticeably short on specifics, even around existing omni-channel transformation programs. Over the last quarter, half of the $68 CapEx costs went on technology projects around digital capabilities, analytics, and logistics. Nothing was said on the post-results analyst call to advance an understanding of what’s been achieved.
Best of the rest
It’s not so much that organizations should declare independence from ISVs, as that ISVs should declare dependence on customers.
Hell yeah! And this chart should get you thinking:
There can only be one candidate this week. Deutsche Bank. On the day it hired in Bernd Leukert to gussy up its digital platform efforts it started the planned 18,000 RIF. On the same day also, tailors were spotted going into the Deutsche building to measure up senior execs for new $1,800 suits. That didn’t go down well with CEO Sewing (no – you can’t make this up) dressing down said execs.
OK – so that’s Den’s version of H&M while Jon
tans his ass enjoys a well-deserved break from travel.
If you find an #ensw piece that qualifies for hits and misses – in a good or bad way – let me know in the comments as Clive (almost) always does. Most Enterprise hits and misses articles are selected from Jon’s curated @jonerpnewsfeed. ‘myPOV’ is borrowed with reluctant permission from the ubiquitous Ray Wang.