Middle East stories - Page 11

The Kentico Site of the Year 2024 Awards have celebrated 30 exceptional digital projects, demonstrating the platform's growing impact across various industries.

KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.

Index Engines celebrated a transformative year in 2024, reporting a remarkable 112% sales increase in the banking sector fueled by rising ransomware threats.

China has become the largest global market for wrist-worn devices, leading shipments at 45.8 million units, driven by a 20.1% year-on-year growth.

SES has successfully launched its seventh and eighth O3b mPOWER satellites aboard a SpaceX Falcon 9, enhancing its medium Earth orbit constellation.

Huawei leads the global wearables market with a 44.3% year-on-year shipment increase, securing a 16.9% market share in 2024 despite a downturn.

Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.

Dragos's latest report reveals a vibrant ransomware landscape for Q3 2024, marked by emerging groups, shifting tactics, and significant operational disruptions.

Neo4j is backing the creation of DXC Technology's Career Navigator, enhancing employee skill management and improving retention from 24% to under 15%.

Revenite has appointed Jonathon Wetton as its new Chief Technology Officer to boost data innovation and enhance AI capabilities for clients.

Businesses plan to boost IT security budgets by up to 9% over two years, driven by rising financial losses from cyber incidents, Kaspersky reports.

Cloudera has partnered with Mercy Corps to enhance humanitarian aid delivery using AI, through the innovative Methods Matcher tool for crisis response.

A new study reveals a global shift, with fewer than 24% of companies now viewing legacy tech as a barrier to embracing AI and machine learning advancements.

Trellis Data has launched a new AI decoding method, Dynamic Depth Decoding, which could cut computational needs by 68.4% and speed up processes significantly.

Bitdefender has launched a decryptor for ShrinkLocker ransomware, assisting victims in recovering their files and enhancing cybersecurity measures.

Catapult has reported a 20% rise in Annualised Contract Value to USD $96.8 million and significant revenue growth of 19% to USD $57.8 million for H1 FY25.

Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.

Yuno has launched Payout, a feature aimed at simplifying global payment workflows for enterprises via a single API connection, boosting operational efficiency.

Kaspersky reports a surge in malicious ads targeting Windows users, redirecting over 20,000 individuals to fake CAPTCHA pages to download malware.

Dayforce has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites, marking its fifth consecutive year of achievement.