Latest news - Page 210

Aussies lost around $3.1bn in 2022 due to online scams, warns the Australian Competition and Consumer Commission and cloud security firm Akamai.

Okta, a leading identity partner, achieves an IRAP-protected-level assessment, strengthening the Australian Government's trust in modern Identity solutions by reinforcing security against cyber threats.

Amidst a creativity crunch in APAC, brands are capitalising on data-driven insights to produce personalised video ads, aiming to stay ahead in a rapidly evolving digital landscape.

Research by AI data security firm Cohesity reveals escalating cyberattacks are forcing companies into paying ransoms, contradicting no-payment strategies, with difficulties in data recovery exacerbating the issue.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

Adapting to change and catering to workforce needs in the new year is key to attracting and retaining talent amid a rapidly transforming labour market and a growing emphasis on Generative AI.

A Commvault study reveals increased collaboration between IT and security teams in businesses, signalling trend towards enhanced cyber-resilience.

Sydney was named Asia-Pacific’s fourth-largest core metro for interconnection bandwidth as per the 2024 Global Interconnection Index (GXI) report.

Dow Jones Risk and Compliance unveils Risk and Compliance Financial Instruments, a cutting-edge solution for optimising pre- and post-trade investment screening amid an increasingly complex regulatory environment.

Australian businesses express the highest global distrust in AI technology, with 60% showing scepticism, according to a study by cloud applications provider, Workday.

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

Gigamon enjoyed over 100% YoY growth in 2023 cloud revenue due to international demand for its deep observability service, reflecting a trend towards hybrid cloud security management.

CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.

Acumen focuses on developing AI and data solutions to aid consumer brands in aggressive promotional strategies amidst the cost-of-living crisis.

Cognizant teams up with ServiceNow to enhance its WorkNEXTÔ modern workplace services, aiming for improved AI adoption, streamlined self-services, and a shift to a 'total experience' model.

Given concerns about data management and protection, the rise of private AI will become a significant trend in 2024 and beyond.

Woolworths Group expands partnership with Last Yard to digitise the in-store customer experience, transitioning from paper to electronic shelf labels, as announced at the NRF24 conference.

Fujitsu launches EV trial with Australian energy firm Origin, a key move in realising its goal for a 100% zero emissions vehicle operational fleet by 2030.

SecurityBridge, a global SAP security provider, experienced some remarkable growth in 2023, doubling its revenue.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.