Banks expect to hand decisions to AI – even if they can’t explain them

Banks are racing toward a future where AI no longer merely informs key credit, treasury, and risk decisions – it makes them autonomously. Yet AI governance is not keeping pace with adoption, according to new AI risk research by FT Longitude, SAS and Microsoft. Even as...

Mankind’s first journey to another star set for 2029 launch

Plans are underway for mankind’s first journey to another star – a trip that is expected to take about 80 000 years. The Fermi Explorer Mission, a nonprofit organisation, hopes to set off for Alpha Centauri by 2029. The more than 40-trillion kilometre journey is...

IT spend will breach $7trn for the first time in 2027

Worldwide IT spending is expected to reach $7,35-trillion in 2027, up 15% from 2026, according to the latest forecast by Gartner. “Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms, and advanced software...

As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

Security threats consumers should look out for in 2024

Predictions from the Kaspersky Security Bulletin (KSB) point to a diverse array of challenges, where cybercriminals are increasingly leveraging both trending topics and advanced technologies. * Increased charity scams - According to the UN, 2023 experienced the...

Hardcopy peripherals shipments dip in Q3

The global hardcopy peripherals market recorded 19.5 million units shipped in the third quarter of 2023 (3Q23), down 7,9% compared to the third quarter of 2022. The decline was caused by sluggish consumer demand and a pessimistic economic outlook, according to new...

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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