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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

Licensing 121
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Rules targeting financial criminals will require new filings for startups and small businesses

GeekWire

Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The data will reside in a confidential database kept by Treasury’s Financial Crimes Enforcement Network, or FinCEN. Insignia of the U.S. Law enforcement will have access to the information in the pursuit of criminals. “But we’ll see.”

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Want to save more than 20% on cloud? Research shows you how…

CIO Business Intelligence

A new research study conducted by Foundry exposes what the most successful cloud cost management programs have in common, helping IT and financial leaders pinpoint FinOps approaches generating the highest savings. Data also shows partners are key in controlling runaway costs and gaining efficiencies in financial management.

Cloud 82
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Managing cloud costs: Study says do this and you’ll spend 5X less

CIO Business Intelligence

A 2024 research study of 500 IT departments and cost management programs reveals the answer, and it all comes down to your approach. That is, whether you build an in-house program, rely entirely on a managed solution, or take a hybrid approach (doing a little of both). Can you guess what it is?

Study 101
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Washington state launches center to cater to — and potentially regulate — crypto and fintech companies

GeekWire

Facing explosive growth in NFTs and cryptocurrencies coupled with vague regulations for the wave of new financial technology and investment startups in Washington, the state recently announced a new Center for FinTech Information to warehouse in one place licensing guidelines and regulations.

Company 116
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T-Mobile investigating hack that affected 37 million customer accounts

GeekWire

(GeekWire File Photo / Taylor Soper) T-Mobile disclosed in a regulatory filing Thursday that a hacker obtained data from about 37 million customer accounts using an API, or application programming interface. The Bellevue, Wash.-based The hack started on or around Nov. 25, and T-Mobile identified the bad actor Jan.

Mobile 136
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Grounding sky-high cloud costs: 3 hot tips

CIO Business Intelligence

Cloud doesn’t just open the door to enabling advanced technologies like AI, hyper-automation, and big data analytics – it unlocks a complex realm of costs and expense management problems that can threaten innovation and its financial sustainability. It’s a win-win.

Cloud 97