GenAI spend to reach $143bn, with 73% CAGR

A new forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16-billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business services, is...

CIOs must prioritise AI ambitions and planning

rtificial intelligence (AI) – especially the leap in generative AI (GenAI) – is part of a larger shift in how humans and machines interact, according to Gartner. This shift provides two key focus areas for CIOs and IT executives as AI becomes an enterprise...

Big Tech faces multiple hurdles in the pursuit of Gen AI dominance

In a rapidly advancing technology landscape, generative AI (GenAI) stands out as the latest innovation frontier – and leading the charge in this domain are Big Tech (Alphabet (Google), Amazon, Apple, Meta, and Microsoft). However, with progress comes challenges,...

Claims of cyberattack on Israeli power plant debunked

On 8 October, the hacktivist group known as Cyber Av3ngers claimed responsibility for a cyberattack on the Dorad power plant in Israel, showcasing PDF files and documents on their Telegram channel as proof. However, the Israeli authorities have not confirmed the...

Digitalisation top of mind at this year’s Gitex

This year’s Gitex Global 2023 saw experts come together to re-evaluate how organisations can thrive in the face of rapid digitalisation. The various events during the week saw the convergence of the best minds and most visionary companies to scrutinise,...

DarkGate attacks linked to Vietnam-based cybercriminals

WithSecure researchers have tracked attacks using DarkGate malware to an active cluster of cybercriminals operating out of Vietnam. DarkGate is a Remote Access Trojan (RAT) that has been used in attacks since at least 2018 and is currently available to cybercriminals...