SAP and Diageo – the drinks company that makes Guinness, Smirnoff and Johnnie Walker – have announced a five-year deal that includes IBM in a bid to fundamentally change the drinks maker’s business. The initiative is said to represent Diageo’s most significant investment ever in technology and services, and it aims to redesign and improve Diageo’s processes across […]
BASF has begun running high-performance computing (HPC) workloads on an AMD-powered machine, believed to be the world’s largest supercomputer for industrial chemical research. The latest Quriosity supercomputer has been installed at BASF’s Ludwigshafen site in Germany. It is rated at 3 petaflops, compared with the 1.75-petaflop machine it replaces. The original Quriosity supercomputer was […]
Non-departmental funding body UK Research and Innovation (UKRI) must pay HM Revenue & Customs (HMRC) £36m in back-dated tax after a review of its IR35 compliance procedures uncovered historic errors in how it classified the employment status of some of its contractors. UKRI is a funding body sponsored by the Department for Science, Innovation […]
The UK’s National Cyber Security Centre (NCSC), alongside intelligence agencies from the Anglophone Five Eyes alliance, has issued guidance highlighting a campaign of Chinese state-sponsored activity targeting critical national infrastructure (CNI) networks. Working alongside Microsoft – which has attributed the campaign of malicious activity to an advanced persistent threat actor it has dubbed Volt […]
Microsoft has kicked off its annual Build 2023 software developer’s conference with a plan to encourage developers to support a common platform for search and artificial intelligence (AI). The two themes the software giant has focused on is the concept of plugins to integrate AI with third-party services and copilots, which aim to augment […]
Data stored in backups is the most common target for ransomware attackers. Almost all intrusions (93%) target backups and in 75% of cases succeed in taking out victims’ ability to recover. In addition, 85% of global organisations suffered at least one cyber attack in the past year. That’s according to the Veeam 2023 Ransomware trends report, recently […]
Kuwait International Bank is using technology from Zwipe to provide customers with biometric security on payment cards, adding a layer of authentication through fingerprint recognition technology. With contactless payments becoming the most popular way of paying in person, users are demanding higher payment limits – an extra layer of security could lead to unlimited […]
Spear-phishing attacks make up just 0.1% of all email-based attacks but are responsible for two-thirds of all breaches, Barracuda Networks has found. In a report published on 24 May 2023, cloud-based security provider Barracuda shared the results of a survey of IT professionals about their experience of spear phishing and analysis of 50 billion […]
JPMorgan Chase’s UK app-based retail bank has already amassed 1.6 million customers and a total of £15bn in deposits following its 2021 launch. The latest figures are a significant increase on this time last year when the bank, known as Chase UK, reported 500,000 customers and £8bn in deposits. Sanjiv Somani, CEO at the […]
Visa is recruiting up to 1,500 tech professionals in Poland for its latest tech centre as part of its global network of hubs which provide digital payments and ecommerce development. The recruits will work on the latest artificial intelligence (AI) and cyber security technologies, as well as Visa’s payments network resilience and availability. Growth […]