US bank run will hit private wealth growth in key tech hubs

The crisis engulfing many of the US tech banks – Silicon Valley Bank (SVB), Silvergate and Signature Bank, among others – has created a financial crisis that is significantly impacting the technology sector, which relies on these banks for financing,...

Security investments set for 12,1% growth in 2023

Worldwide spending on security solutions and services is forecast to be $219-billion in 2023, an increase of 12,1% compared to 2022, according to the new Worldwide Security Spending Guide from International Data Corporation (IDC). Investments in hardware, software,...

Fraudulent robocalls will cost $58bn this year

Mobile subscribers will lose $58-billion to fraudulent robocalls globally in 2023; a rise from $53-billion in 2022. A new report from Juniper Research finds that these losses will be driven by the increase in multifarious scam calls to deceive end users, such as...

Bank failures push CFOs to diversify deposits

More than one in four CFOs said they plan to diversify their deposits across more banks after recent high-profile Silicon Valley bank failures, according to Gartner. Gartner polled over 250 CFOs and senior finance leaders on 13 March 2023 on their responses to recent...

Nvidia accelerates neural graphics PC gaming

Ahead of this week’s Game Developers Conference (GDC), Nvidia has announced an expanded game roster and new developer plug-ins for Nvidia DLSS 3. The latest version of Nvidia’s AI-powered Deep Learning Super Sampling (DLSS) technology is now supported in...

Dell strengthens security portfolio

Dell Technologies has announced new security services and solutions to help organisations protect against threats, respond to attacks and secure their devices, systems and clouds. Seventy-two percent of IT business leaders and professionals believe the changing...