One-third of companies already use AI security tools
Thirty-four percent of organizations are either already using or implementing artificial intelligence (AI) application security tools to mitigate the accompanying risks of generative AI (GenAI), according to a new survey from Gartner. Over half (56%) of respondents...
How governments and companies should advance trusted AI
AI is a profound opportunity. The stakes are high. AI is projected to enhance human productivity and unlock an astounding $16 trillion in value by 2030, writes Arvind Krishna, chairman and CEO of IBM. Not only will this fuel economic growth and boost GDP, but it will...
Pandemic boosts Zoom revenue growth by 169%
Data obtained by Buyshares.co.uk indicates that revenue for video communication platform Zoom grew by 168,85% by the first quarter of the fiscal year 2021. During this period the revenue stood at $328-million. During the first quarter of the fiscal year 2020, the...
SA vulnerable to social unrest
South Africa has been flagged as highly vulnerable to social unrest in the next 18 months or so. This is according to the Social Risk Index (SRI) from Euler Hermes and Allianz, which gives South Africa a rating of 41.1. This places the country 79th out of 102...
PonyFinal presents new ransomware threat
Even though ransomware attacks are a constant risk in the digital landscape, a new type of malicious software based on the Java programming language has been discovered in the wild. Dubbed PonyFinal, it sees hackers gain access to a company's system via a brute force...
Business confidence in IT spend declines, despite lockdowns easing
Business confidence levels declined in the last week of May, according to the latest update to the IDC Covid-19 Tech Index. IT buyers in the US, Western Europe, and some parts of Asia/Pacific indicated that they now expect total IT spending to decline by more than...
Pandemic accelerates a new tech age
Covid-19 has accelerated the inevitable: before the pandemic, the world had been moving on an unavoidable path toward a new digital age, despite many businesses failing to invest in the requisite technologies. However, as the Covid-19 meteor hit global markets,...
SA consumers embrace contactless payment
As a result of the Covid-19 outbreak, the adoption of digital and contactless payments is increasing at a rapid rate. With heightened awareness around hygiene and safety, more individuals are turning to these solutions as they look to avoid the handling and exchange...
African oil producers urged to remain compliant
As OPEC prepares to host the 179th Meeting of the OPEC Conference and 11th OPEC and non-OPEC Ministerial Meeting via videoconference next week, the African Energy Chamber is calling on African producers to extend production cuts and remain compliant with their...
Call for ocean sustainability in post-Covid recovery
The Commonwealth Secretary-General is urging governments to ensure their countries' post-Covid economic recoveries are environmentally sustainable and safe for the ocean. Forty-seven of the Commonwealth's 54 member countries have a coastline while 25 are either small...
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