Cloud infrastructure spending stays on growth track
Spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 7,9% year over year in the second quarter of 2023 (2Q23) to $24,6-billion. This is according to the International Data Corporation...
Attacks through social media proliferate
On 29 September, the North Korea-linked cybercriminal group Lazarus targeted a Spanish aerospace company through social media. The attacker pretended to be a recruiter from Meta and contacted employees via LinkedIn Messaging. This tricked them into believing the...
AWM industry could change the world
Currently controlling more than $110-trillion (more than 20 times the US federal budget), the power the asset and wealth management (AWM) industry has in shaping the future is unparalleled. With global assets under management projected to grow by up to 5,6% per annum...
Pandemic boosts global cloud services
Recent years have witnessed a surge in the use of cloud computing with billions of private and business users taking advantage of the on-demand technology. However, with people spending more time indoors and online, the Covid-19 pandemic has fuelled the growth of the...
Covid costs European consumer electronics sector $14bn
The Covid-19 crisis has triggered a huge shift in consumer spending which directly impacted the consumer electronics industry. With reduced incomes in times of economic turmoil, consumers choose to buy necessities such as groceries and household goods and avoid...
Highlights of 5G in 2020
With profitable business models and killer applications starting to emerge, 5G is expected to be one of the largest and fastest-growing future markets, says IDTechEx. By the end of 2020, 125 operators in 52 countries/territories have launched commercial 5G services...
The changing shape of African cybersecurity
The 2020 KnowBe4 African Report has collated insights from 881 respondents across South Africa, Kenya, Nigeria, Ghana, Egypt, Morocco, Mauritius and Botswana to discover how the continent views cybersecurity and its risks in a world shaped by a global pandemic. The...
Perks of the new normal include working nude
People working from home during the pandemic have discovered some guilty pleasures that they would now like to keep, according to new global research commissioned by Kaspersky which studied the behaviours of 8 000 SMB workers. Speaking of the opportunities opened up...
Average ransomware payout jumped 178% in a year
Ransomware attacks - a malicious attack where a criminal encrypts, typically, sensitive files, then threatens to publish them unless a demanded ransom is paid - reached record-highs in 2020 as employees shifted to remote work, in turn creating more attack vectors for...
Virus management measures see spike in VPN services
In countries where coronavirus management rules have been tightened, the demand for privacy tools has gone up which has seen spikes in demand for VPN services around the world, says leading service provider NordVPN. When Japan, for example, announced that Sapporo and...
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