Dark Web Economy to Skyrocket: The Week in Tech

A report by PwC indicates that businesses in Mexico and abroad would benefit from investing in AI. However, the dark web has created a lucrative job market within the underground economy, estimated to be worth US$8 trillion by the end of the year. Meanwhile, Amazon customers were targeted by hackers during Prime Day. 

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Mexico and Nearshoring

Nearshoring Accelerates Industrial Sector Transformation, Growth

Mexico is emerging as a prime nearshoring destination due to its proximity to the US, a skilled labor market, well-established logistics networks, attractive fiscal incentives and favorable trade agreements, explains Alejandro Preinfalk, CEO and President, Siemens Mexico, Central America and the Caribbean. To capitalize on this trend, Mexico needs to prioritize sustainability and digital transformation, aligning with global standards and regulations. By embracing innovative practices and leveraging digital technologies, Mexico can position itself as the top choice for nearshoring, fostering economic growth and attracting significant investment opportunities.

Ally Shoring: Moment Is Now for Advanced Manufacturing

Nearshoring is evolving into ally-shoring, which encompasses benefits beyond proximity and logistics, explains Eduardo Amaro, Regional Manager, Rockwell Automation. Many companies, including Rockwell Automation, have announced significant investments to increase production capacities and adopt advanced manufacturing technologies, which Mexico can capitalize given its available infrastructure, talent and advanced manufacturing practices. Technologies like advanced simulation and digital twins are already available in Mexico, facilitating cost reduction, time savings and sustainability improvements for organizations looking to invest in Mexican soil.

AI to Increase Business Earnings: PwC

Artificial intelligence (AI) is not only transforming the work environment and boosting employee productivity but has also significantly enhanced the profitability of numerous industries, found a new report by PwC. As Mexico navigates the evolving digital landscape, it is crucial for policymakers, businesses and stakeholders to collaborate in creating an enabling environment for AI adoption. 

International

Dark Web Market to Hit US$8 Trillion in 2023: Karspersky 

Despite experiencing its peak during March 2020 due to the economic decline triggered by the COVID-19 pandemic, cybercrime services offered in the dark web are estimated to reach US$8 trillion by the end of 2023. Between January 2020 and June 2022, Kaspersky has found more than 200,000 job ads posted on 155 dark web forums, proving the recent commercial potential of this illicit sector. This underground economy has even created a lucrative job market, with average monthly salaries reaching US$20,000.

Phishing Attacks Spike on Amazon Prime Day

Shoppers looking for deals on Amazon Prime Day are being targeted by cybercriminals that aim to capitalize the surge of digital users mobilized by Amazon’s sales event. Check Point Research shows that phishing campaigns related to Amazon Prime increased 16 times during June compared to the previous month. Additionally, the study revealed that there has been an 8% rise in all phishing campaigns related to Amazon worldwide. 

Sales Experience: What to Expect in the Second Half of 2023?

AI can be a valuable tool for data processing and decision-making, with a significant number of sales representatives reporting increased sales thanks to AI. This tech can help businesses stand out from the competition, meet quotas, reach decision makers, generate high-quality leads and maintain prospect engagement throughout the sales process. To address these challenges, companies need to analyze data, create a supportive sales culture and ensure effective sales leadership that helps to remain competitive in a constantly evolving market, explains Shelley Pursell, Marketing Director Latin America and Iberia, Hubspot.