Category: TECHNOLOGY

Cyber Scams Cost the World $1 Trillion in 2024

Cyber Scams Cost the World $1 Trillion in 2024

Despite rising awareness about cyber scams, fueled by media coverage, cybersecurity education, and real-life experiences, scammers continue to stay ahead of the game. With advanced tactics like deepfakes, AI-driven fraud, and social engineering, they are pulling off more effective scams and causing more financial damage than ever before. According to data presented by Stocklytics.com, cyber scams cost the world a […]

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96% of S&P 500 companies had data breaches

96% of S&P 500 companies had data breaches

According to the latest Cybernews Business Digital Index analysis, 96% of all analyzed S&P 500 companies had data breaches. This is an alarming systemic issue, with Real Estate and Development, Finance and Insurance, and Manufacturing industries leading the way in these incidents. The new analysis results reflect weak cybersecurity postures and show that most organizations haven’t raised their security standards. […]

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AI and economics will drive growth and change in IaaS

AI and economics will drive growth and change in IaaS

2024 was a good year for hyperscalers and cloud providers who capitalized on their clients’ need for access to more processing and storage due to escalating growth in data volumes.  The hyperscalers continued to expand their solution portfolios, creating in some cases almost unfathomably vast catalogues. While some businesses opt to repatriate some workloads to private or on-premise environments for […]

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The number of ransomware victims increased by 26% in 2024

The number of ransomware victims increased by 26% in 2024

According to Cybernews tool Ransomlooker’s data, nearly 5,300 ransomware victims were reported last year, a whopping 26% increase from the previous year. Ransomware operators continue to prove their uncanny versatility, even though 2024 was marked by significant and far-reaching attempts from law enforcement to curb attacker activity. Ransomlooker’s top attackers Interestingly, LockBit, pronounced dead after the highly publicized operation Cronos […]

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9 More Predictions for 2025. And how you can protect yourself against a forecast of volatile threats

9 More Predictions for 2025. And how you can protect yourself against a forecast of volatile threats

On Dec. 17, the Symantec Threat Hunter Team’s Principal Editor Dick O’Brien distilled a year’s worth of first-hand cyberattack investigations into five top predictions that signal what the cybersecurity industry can expect to face in 2025. The predictions point to an uptick in Russian cyber aggression, a growing ransomware ecosystem, attackers targeting once-trusted cloud platforms, even more Living Off the […]

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Global IT Services rebound

Global IT Services rebound

In 2025, the value of the top 25 IT services brands has reached USD163 billion, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. 15 out of the top 25 brands have increased their brand values. This growth is driven by more favourable market conditions, with IT companies benefiting from interest rate cuts, a rebound […]

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The AI powered cyber threats drain security budgets

The AI powered cyber threats drain security budgets

New research highlights a stark reality – IT directors at major global firms are preparing for an unprecedented surge in cyber threats driven by AI, machine learning, and the Metaverse. As cyber criminals deploy increasingly sophisticated attacks, organizations plan significant security budget increases over the next two years.   A global study of IT leaders at companies with over $300 million […]

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Up Romania launches UpMobil+, the “all-in-one” application that brings financial advantages and exclusive offers to all Romanians

Up Romania launches UpMobil+, the “all-in-one” application that brings financial advantages and exclusive offers to all Romanians

Up Romania, one of the leading players in the fringe benefits industry in the market, launches UpMobil+ app, a digital ecosystem for fringe benefits management and access to exclusive offers, top products and services, all in one place. The new app is addressed both to those who benefit from Up Romania products, and to the general public who can thus […]

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Apple Services Revenue Soars 433% in a Decade, Outpacing iPhone Growth by 4x

Apple Services Revenue Soars 433% in a Decade, Outpacing iPhone Growth by 4x

Thanks to Apple’s ability to keep its smartphone competitive with new releases and updates, the iPhone has been the tech giant’s most successful product since its introduction to the market in 2007, consistently generating most of its revenue. However, when it comes to revenue growth over the past decade, Apple Services has surged far ahead of the iconic smartphone. According […]

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Reddit Hype Fuels Rigetti Computing’s 555% Stock Rally in Just One Month

Reddit Hype Fuels Rigetti Computing’s 555% Stock Rally in Just One Month

Over the years, Reddit has become the ultimate hub for stock market buzz, sparking countless discussions and debates that drive hype around trending stocks. Many companies have seen share prices skyrocket or plummet thanks to the momentum of Reddit’s massive community. The rising star in the quantum computing space, Rigetti Computing, is the latest example of this phenomenon. According to […]

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ZTE, Nokia, and Huawei Lead ABI Research’s 5G FWA CPE Vendor Competitive Ranking

ZTE, Nokia, and Huawei Lead ABI Research’s 5G FWA CPE Vendor Competitive Ranking

A new Competitive Ranking by global technology intelligence firm ABI Research has found that ZTE is the leading 5G FWA CPE vendor, beating both Nokia and Huawei for the top spot overall and across both the innovation and implementation criteria. The assessment provides an in-depth, unbiased examination of ten CPE vendors’ 5G FWA CPE portfolios. The companies evaluated and ranked […]

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Weißenburg: A Historic Town Embraces Modern Networking Technology

Weißenburg: A Historic Town Embraces Modern Networking Technology

Weißenburg, a historic town located in Bavaria, Germany, is known for its rich cultural heritage and scenic landscapes. The town boasts a variety of attractions, including the Roman Museum with its impressive Roman baths, and the Limes, a UNESCO World Heritage site. The medieval fortress Wülzburg offers panoramic views and a glimpse into the town’s storied past. Weißenburg also provides […]

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