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2022 was something of a rollercoaster for the hotel industry. While travel demand surged from its pandemic lows, hoteliers faced new challenges such as persistent labor shortages, and new ways of interacting with technology and their guests. In this article, we’ll take a look at what trends in technology and travel will shape the hotel industry in 2023 and beyond.
Edmund Yick April 30, 2021 10:59 The pandemic has undoubtedly accelerated the digital transformation of businesses while at the same time opened doors for cyberattacks, which can cause a great business loss. According to the research by Cybersecurity Ventures, cybersecurity threats are expected to cost the world around US$6 trillion a year by 2021, doubling from 2015. Asia has shown greater vulnerability to cyberattacks and Hong Kong as the regional hub has seen no exception. However, Hong Kong enterprises have lowered their guard on cyber defense readiness marginally to prioritize resour...
Cracking the code of security February 28, 2021 Setting passwords is a chore. You know to avoid choosing your dog’s name, or your grandma’s birthday. But then you’re faced with website constraints. It labels you ‘weak’ and demands a number. You insert a ‘1’ at the end of your simple word. A ‘123’ if you’re feeling particularly adventurous. Insistently, the website now requires a ‘special character.’ Unsure of any others, you add an exclamation mark. Your password is as secure as Alcatraz. Right? Actually, your security could be hacked in a couple of seconds. Websites i...
Dec 29, 2020 Over the years, cyber attacks and data breaches became one of the biggest risks in the business sector, compromising sensitive data, and causing a massive financial hit to companies and organisations worldwide. As data applications and technology in the business sector increase, organisations are becoming more vulnerable to these attacks and more aware of the need for insurance coverage for cyber risks. According to data presented by Finaria.it, the global cyber insurance market is expected to grow by 21% year-over-year and reach a $9,5-billion value in 2021. If a costly data bre...