The Relationship between Business and Technology

 Business and Technology

Welcome  back to Kumbss Blog of information Technology. Last time we  spoke the evolution of information and Technology and how it motivates me into becoming such a brilliant inventor that will someday change the standards a commercial business field. 

Technological business equipment 

Businesses these have more trust in technology and the relationship has been growing. I am so glad that business have more technological equipment to help with the productivity in the business . the business is able to meet its deadlines at  a moderate and easy pace. At supermarkets  most of our equipment is automated such as the  point of sale of system . This system  really made shopping easier because the cashier does not need to type on those small numbers by the bar code that we consumers ignore. I'm sure you seen this system in the image below at a supermarket or any retail store 

Th modern day Point of sale system
source:nrsplus.com

Technology and protection against Cyber criminals 

As we try our best to live our life the correct we still people who prevent this from happening. I have bad experience with cyber crime my card was once hacked and these cyber criminals  are cheeky they literally took 3 rand every time and the amount they took did not send any notifications to my device so I was not aware that money was being deducted till it declined at gas station while I was filling up the car with fuel. The card declined. That was a scary moment I had to ask my parents quickly deposit the amount due at the gas station. I blocked the card and closed that specific bank account. Banks are now working on their security and the data breaches have made business and banks come up with strict measures to keep their data and as well as the data of their customers secure. In the article online banking security (Hole, K.J., Moen, V. and Tjostheim, T., 2006. Case study: Online banking security. IEEE Security & Privacy, 4(2), pp.14-20. ) The one feature that stuck with is the feature that banks are using for better security they use Virtual card these cards give you temporary card numbers these protects the details in your account so you card cannot be tracked to your account of which funds are being corrected.

 

This is a picture showing the virtual cards  and how they would work for the Nedbank bank.