Handing over the reins to an outside party especially for tasks like data collection, analysis, and storage comes with a risk, often at the expense of both finance and reputation.
Unlike other businesses, banking has been shaken, rather belatedly, in a more significant way by the digital revolution -- with the creation of fintechs and other tech companies venturing into finance services.
It is safe to say that innovative technology has led to disruption in customer experience in every industry in the 21st century, and the hospitality vertical is surely not an exception to this rule.
Next time you go online, think before you post ? it might save you a whole lot of trouble in this increasingly interconnected and integrated world we now live in.
Cybersecurity needs to establish its own digital trust. Unfortunately, this aim is under growing threat from external forces, such as geopolitics and technology nationalism.
The reality is that impregnable cybersecurity is a myth. So far, the only way to make our data safer is to combine technology, human expertise, and general awareness.
