Finance is moving to the cloud faster than expected
A major shift is taking place in how enterprises select their financial management applications, with a migration to cloud applications happening faster than expected. A …
money
NotPetya aftermath: Companies lost hundreds of millions
The infamous NotPetya ransomware attack, which started in Ukraine on June 27 but later spread to many international businesses, has resulted in huge monetary losses for the …
Worldwide spending on security technology to reach $81.7 billion in 2017
A new update to the Worldwide Semiannual Security Spending Guide from IDC forecasts worldwide revenues for security-related hardware, software, and services will reach $81.7 …
Worldwide IT spending to reach $3.5 trillion in 2017
Worldwide IT spending is projected to total $3.5 trillion in 2017, a 2.7 percent increase from 2016, according to Gartner. However, this growth rate is down from earlier …
SMBs will spend $564 billion on IT hardware, software, and services
IDC forecasts SMBs will spend $564 billion on IT hardware, software, and services, including business services, in 2016. This amount is expected to increase at a compound …
Banks are building a real-time global payment network using blockchain technology
Nine out of 10 banking professionals surveyed at large US, European and Canadian commercial banks said their company is currently exploring the use of blockchain technology …
Federal regulators: Increasing cybersecurity stance on financial institutions
Everyone is increasing the attention of cybersecurity given the continued parade of hacking incidents. Just last week, the three main prudential regulators for financial …
Most would stop using digital payments if breached
88% of respondents to a survey conducted by Wakefield Research would stop using digital payments if they personally fell victim to cybercriminal activities as a result of a …
Adaptive security market to gain traction in the next five years
The adaptive security market size is estimated to grow from $3.53 billion in 2016 to $7.07 billion by 2021, at an estimated CAGR of 14.9%, according to MarketsandMarkets. Need …
Every third American has lost money to online criminals
With nearly half of Americans reporting they have been tricked or defrauded, citizens are concerned that the internet is becoming less safe and want tougher federal and state …
