Phantom Technology Solutions Blog

Do you remember the series of high-profile infrastructure attacks that occurred not so long ago this year? Well, now the United States government is taking matters into its own hands by ordering the patching of various vulnerabilities in affected systems. It’s a massive effort to thwart hackers and other cyberthreats from taking root in vulnerable systems.

Have you stopped to consider how much your business spends every year on data storage and warehousing? If not, you might be surprised by how much this process actually costs, both in terms of capital expenses and operational costs. We’d go so far as to say that you’re spending more than you need to.

With Bitcoin picking up steam, the technology that fuels it, the blockchain, is being explored as an opportunity for many businesses out there. Let’s take a look at what some of the benefits and shortcomings of this technology are, as well as how they are commonly used.

Cryptocurrencies--especially those that have recently surged into relevance--rely on blockchain technology, but what many people do not know is that blockchain is far more than a way to exchange digital currencies. In fact, cryptocurrency was just the beginning. Let’s take a look at the other practical uses for blockchain technology, including what it is and how it can help businesses.

In today’s business, your data is your number one asset. For this reason it is important that you take steps to protect it. One case that accentuates this is the case of Xiaorong You, which is currently playing out in a Tennessee court. The accused is charged with stealing trade secrets and committing corporate espionage, as she is accused of allegedly stealing almost $120 million worth of BPA-free technologies from several companies, among them the Eastman Chemical Company and Coca-Cola.

Facebook is by far the largest social media network and it does bring a lot of value to a lot of people. Whether that be for personal use or professional use, Facebook has staked a claim as the most successful technology company in the world. With this comes scrutiny, especially if you’ve operated the way Facebook has over the past few years. Let’s take a look at a situation that Facebook is dealing with in 2021.

The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.