Fortifying Minors’ Cybersecurity on the Internet

A study assessing minors’ online cybersecurity in Mexico highlights important areas of opportunity and the need for urgent coordination between public and private institutions to address this outstanding challenge. Meanwhile, industry leaders consider the potential of smart bundling cybersecurity solutions, the impact of conversational commerce on sales conversion rates and building a sustainable metaverse. 

In international news, Alphabet’s stock tumbles, losing US$100 billion after seemingly failing to impress investors after an AI unveiling. 

This week in Tech news and developments: 

Mexico

Mexico’s Internet Association Pushes for Minors Cybersecurity Program

Mexico lacks the legislative harmonization, regulatory framework and standardized obligations to protect minors from cybervictimization, according to a public-private study commissioned by the Internet Association of Mexico and the Senate Commission for Science and Technology.

Industry Trends 

Smart Bundling: A Comprehensive Approach to Cybersecurity

Fortra’s smart bundle approach to data security and protection allows for minimal operational complexity at the benefit of cybersecurity personnel, Nicolas Brosky, Managing Director tells MBN: “This bundle solution is a reflection of an overdue market need that Fortra addressed before the market started to move in this direction.” 

Conversational Commerce Is on the Rise

Conversational commerce has greater traction among consumers who appreciate personalized attention, resulting in higher conversion rates and better customer experience. “As these companies grow, their WhatsApp operations also grow and they have to deal with seemingly infinite messages,” Roberto Peñacastro, CEO, Leadsales, tells MBN. This challenge remains a real pain point for companies, inspiring Leadsales to introduce solutions that will allow them to seamlessly manage their communication channels. 

The Metaverse and Sustainability

The construction, running and maintenance of the Metaverse is expected to consume copious amounts of energy, calling for preliminary strategies to ensure that this energy is derived from renewable sources with low emissions, according to Josue Ramirez, Regional Director, IDCA. “Currently, data centers consume 2% of the total energy consumed globally, and this percentage is projected to increase in the coming years, since there is exponential growth in many regions of the world, including Latin America, where new data centers are projected and are being built, mainly hyperscale.”

International 

Alphabet’s Shares Tumble 7% Following Google’s AI Misfire

Google’s parent company, Alphabet, loses US$100 billion in afternoon trading after its AI powered chat interface Bard failed to impress investors in light of growing competition from Microsoft, which unveiled AI-assisted search features this week. Microsoft’s product updates were built from the same AI software as ChatGPT-maker OpenAI.