Annual spend on regtech to reach more than £200bn by 2028

Financial services and other businesses across the world will spend hundreds of billions on regtech in 2028 as “increasingly complex” regulation drives a 124% increase investment in technologies such as artificial intelligence (AI) and blockchain. Industries such as digital healthcare and online gambling are driving regtech investment beyond the finance sector. Regtech is software […]

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Why are ethnic minorities struggling to reach the top?

Although members of ethnic minorities make up a higher proportion of the tech workforce than average across the wider UK labour market, representation at management level continues to be low. This situation is reflected even among companies that have signed up to the Tech Talent Charter (TTC), the aim of which it is to […]

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Building a secure coding philosophy

The latest “technology pulse” poll from EY reports that 78% of tech executives are more concerned about the cyber security threats of today than those of a year ago. Those IT leaders who say they are increasing their IT budgets most often report having a plan to prioritise cyber security (74%), according to the […]

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Extreme Networks emerges as victim of Clop MOVEit attack

Extreme Networks has disclosed that it is the latest technology company affected by the fast-developing MOVEit cyber attack, with downstream customers of the network hardware and services supplier potentially at risk of having had their data stolen by the Clop (aka Cl0p) cyber extortion operation. In a message published on Wednesday 7 June, Extreme […]

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The impact of generative AI on the datacentre

Questions remain about the potential impact on datacentres from generative artificial intelligence (AI) adoption, even when it comes to the need for more processing, storage and power. One thing for certain is that there will be an impact. Slawomir Dziedziula, application engineering director at Vertiv, warns that no one has fully calculated power consumption […]

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What is a logon (or login)?

What is a logon (or login)? In computing, a logon is a procedure that enables an entity to access a secure system such as an operating system, application, service, website or other resource. The entity is typically an end user, although it can also be another system, such as a computer, service or application. For […]

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UK-US Atlantic Declaration bolsters tech and data collaboration

US president Joe Biden and UK prime minister Rishi Sunak have signed an Atlantic Declaration for a Twenty-First Century US-UK Economic Partnership, setting out a series of partnerships, which include technology, data privacy and telecommunications. The technologies covered in the agreement include semiconductors, quantum technologies, artificial intelligence (AI), telecommunications and synthetic biology. The agreement […]

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Barracuda ESG users told to throw away their hardware

Organisations operating Barracuda Networks’ Email Security Gateway (ESG) appliances vulnerable to a bug tracked as CVE-2023-2868 to throw away their hardware, regardless of whether or not they have patched it, and seek a replacement. Barracuda made a patch available on 20 May having been alerted to dodgy traffic emanating from compromised ESG appliances on […]

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UK and US move closer to transatlantic data bridge deal

The UK and US are moving closer to an agreement that will facilitate the free flow of personal data across the Atlantic, which Westminster hopes will speed up processes for businesses, reduce costs and increase opportunities for UK organisations, which exported over £79m worth of data-enabled services to the US in 2021. Currently, UK […]

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University of Manchester hit by cyber attack

The University of Manchester in northern England has been hit by a cyber attack that appears to have resulted in the exfiltration of an as-yet unknown quantity of data. In a statement, the university’s registrar, secretary and chief operating officer, Patrick Hackett, revealed that some of its systems had been accessed by an unauthorised […]

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