Operations | Monitoring | ITSM | DevOps | Cloud

For 83% of companies, a cyber incident is just a matter of time (IBM). And when it does happen, it will cost the organization millions, coming in at a global average of $4.35 million per breach. Add to that stringent data protection laws and the growing frequency and reach of ransomware and other sophisticated attacks.

The European Union’s new legislation is the first of its kind — and has global reach On December 8, 2023, the European Union made a significant step in digital governance by introducing the first set of comprehensive artificial intelligence (AI) regulations. This legislation, poised for a European Parliament vote by early 2024, is first out of the gate in regulating AI.

Over the last two to three years, we’ve seen increasing demands on all kinds of software companies to comply with security and compliance standards. More and more organizations are looking to benefit by moving their operations to the cloud, but this increases the potential for cybersecurity attacks and breaches. A new type of compliance vendor has emerged to help companies that must comply with the security standards designed to ward off cybersecurity threats.

Bitbucket Cloud is on a mission to become the most extensible cloud SCM and CI/CD product in the market. We believe that extensibility is a key enabler for large, complex organisations to operate effectively in the cloud, and we are excited to be leveraging Atlassian’s industry-leading extensibility platform, Forge, to bring this mission to life.

IT leaders are often caught in a tug-of-war between advancing technology and managing costs. In 2024, the state of the economy is only highlighting this divide. For business and IT leaders alike, this begs the common question: how can we reduce IT costs? Demands for IT continue to spike—especially as the cybersecurity landscape shifts and the appetite for remote work increases.