Analyst Gartner has projected that worldwide IT spending will total $4.6tn in 2023, an increase of 5.5% from 2022. Its latest forecast shows that despite continued global economic turbulence, all regions worldwide are set to achieve IT spending growth in 2023. According to John-David Lovelock, distinguished vice-president and analyst at Gartner, the economic slowdown […]
A total of 91 new victims were added to the Clop (aka Cl0p) ransomware leak site during March 2023, more than 65% of the total number of victims published between August 2020 and February 2023, as the threat group behind the ransomware, tracked by the Secureworks Counter Threat Unit (CTU) as Gold Tahoe embarked […]
The Criminal Cases Review Commission (CCRC) has said the “door is [still] open” for reviews of prosecutions of former subpostmasters after it referred a further two cases to the Court of Appeal. The statutory body is calling for more former subpostmasters who were prosecuted based on evidence from the error-prone Horizon computer system to […]
The human brain is much more efficient than the world’s most powerful computers. A human brain with an average volume of about 1,260cm3 consumes about 12W (watts) of power. Using this biological marvel, the average person learns a very large number of faces in very little time. It can then recognise one of […]
While there is certainly much focus on sustainability – acting in a way that meets current needs without compromising future generations – in the business world, it’s often a case of much talk but little action. According to research from consultancy Designit, 11% of international businesses consider sustainability at board level just once each […]
Ofcom has accused public cloud giants Amazon and Microsoft of indulging in anti-competitive behaviours that may financially disadvantage UK consumers and business, and is consulting on whether to make a referral to the Competition and Markets Authority (CMA) to investigate further. The regulator has reached the midway point of its investigation into the UK […]
A newly detected ransomware dubbed Rorschach – so named because everybody who examined it “saw something different” – is being flagged by researchers at Check Point as an emergent and highly dangerous threat to organisations. The research team, which first spotted it while responding to an incident at a US-based customer, said Rorschach “appears […]
App-based bank Lunar has sold its peer-to-peer (P2P) lending business to Swedish fintech SaveLend to give the business the focus it requires. Lunar said that with significant investment required in the peer-to-peer lending business, its customers would be better served by a specialist in this sector rather than a bank. Lunar moved into P2P […]
Genesis Market, one of the largest global suppliers of stolen personal data to the cyber criminal underground, has been taken down and more than 120 arrests made in Operation Cookie Monster, a multinational effort led by the Dutch National Police and the United States’ FBI, which included the UK’s National Crime Agency (NCA) and […]
A sudden ban on the use of ChatGPT by the Italian data protection authority has divided artificial intelligence (AI) and data privacy experts over whether or not officially restricting the use of the groundbreaking yet highly controversial service is a sensible and right-thinking precaution under the circumstances, or a massive overreaction with chilling implications […]