Half of finance AI projects destined to be delayed or cancelled

Half of current finance artificial intelligence (AI) deployments will be either delayed or cancelled by 2024, while the use of business process outsourcing (BPO) for AI will rise from 6% to 40% within two years, according to Gartner. Chief financial officers (CFOs)...

Semiconductor revenue to grow but supply chains still constrained

According to the Worldwide Semiconductor Technology and Supply Chain Intelligence service from International Data Corporation (IDC), worldwide semiconductor revenue is expected to reach $661-billion in 2022, a 13,7% year-over-year growth rate following strong 2021...

Malware dwell time is increasing

There has been a 36% increase in malware dwell time, with a median intruder dwell time of 15 days in 2021 versus 11 days in 2020, according to the Active Adversary Playbook 2022, which details attacker behaviours that Sophos’ Rapid Response team saw in the wild...

Ransomware victims continue to pay up multiple times

A massive 80% of companies that paid a ransom demand were hit again, with nearly 50% paying a second ransom and nearly 10% paying up a third time. These are among the findings of a Cybereason Ransomware True Cost to Business Study, the company’s second annual...

How security leaders can prepare for change

As cybersecurity strategy, leadership and technologies continue to evolve, Gartner has highlighted three steps security leaders can take now to prepare for the emerging threat landscape over the next 10 years. “The rise of artificial intelligence (AI) is a...

Intel outlines security stance

At the RSA Conference this week, Intel outlined how it is investing in people, processes and products to deliver security without sacrificing performance. As the cyber and network security landscapes continue to grow and evolve, Intel’s goal is to stay one step...