Much of the insurance industry is stuck in its ways when it comes to their legacy systems and innovation. However, investments in new technology, innovation labs, rapid prototyping and user testing, as well as an adoption of agile practices are increasing as the world moves further into a digital landscape. In the startup era, there are an increasing number of … Read More
Still Running Legacy Systems? Don’t Join This List!
As technology allows us to do more online, it also leaves us vulnerable to cyberattacks. The internet has evolved since its inception and understanding and monitoring cybercrime as it progresses is critical for every organization’s security. Institutions across all industries are affected by this problem — especially those who have some sort of personal, financial or medical data on their … Read More
House of Representatives Passes Modernizing Government Technology Act
Recently, Representative Will Hurd from Texas introduced the IT Modernization Act to the House of Representatives. This Act seeks to encourage government agencies to modernize their IT software. The Act is a combination of two bills passed earlier this year: The MOVE IT Act, which Hurd introduced this summer, and the IT Modernization Fund introduced by Rep. Steny Hoyer last … Read More
Data Breaches in the Healthcare Industry
Large and small companies, banks, other financial organizations, governmental agencies and especially groups in the healthcare industry are all being forced to pay increased attention to cybersecurity. Overseeing cybersecurity threats is becoming more difficult as software systems grow older and are no longer flexible enough to support the needs of modern businesses. This problem is magnified when we are discussing … Read More
Retailers and Legacy Technology
Shopping has changed in the last decade, moving from brick-and-mortar stores with traditional cash registers to online stores, fulfillment centers and countless new payment methods like Square. Consumers are changing the way they shop, and retailers have had to account for that by evolving their sales models to be accessible online, in-store, through mobile devices and more. According to the … Read More
So, you’re having problems with your current systems — now what?
Retail outlets, hospitals, banks and government organizations around the world are struggling with complex, aging or outdated software systems that are not flexible enough to support modern business needs. Some companies have been using the same technology for the past fifty years, and with each year the company doesn’t update, the likelihood of security problems increases. Many companies are having … Read More
Security, Functionality and User Experience…The Complete Package
Headlines point out everyday that outdated software can lead to major privacy breaches for both businesses and individuals. But besides personal privacy risks, how else is the end-user affected? From an end-user standpoint, privacy is the biggest risk, but what about user experience? A major issue with legacy systems that have been around for years is that many of them … Read More
Fintech Innovation and the Dangers of Legacy Systems
The need for security in the banking industry is greater than ever, and innovation in the industry’s multiple sectors has taken off in the last few years. Unfortunately, the veterans in the industry are falling behind with innovation and that results in a dangerous test of fate for customers. According to The Guardian, Federal Reserve has been hacked more than … Read More
Legacy Systems Do Not Obey Laws of Quantum Physics
There is a well known theory that states that a particle’s behavior changes depending on whether or not there is an observer. Or, stated another way, reality changes if we look at it. However, this is not the case with legacy systems. Simply looking at them is not going to change their disastrous reality… The first two weeks of August … Read More
Have We Become Complacent With Security Risks?
Of course, most of the world’s businesses are aware of the fact that a security breach could be detrimental to their business. But why is it that the “outdated software turns into nightmare for customers” headline continues to appear almost daily? At this point, almost every American has been affected by at least one data breach this year. Take Carphone … Read More
