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Middle East Stories - Page 35

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Middle East stories

KnowBe4 report links cyber insurance to security needs
EduTech

KnowBe4 report links cyber insurance to security needs

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

By Shannon Williams • 3 min read • Thu, 23rd Jan 2025
Index Engines achieves major growth with CyberSense software
Ransomware

Index Engines achieves major growth with CyberSense software

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

By Catherine Knowles • 3 min read • Fri, 17th Jan 2025
China leads global wrist-worn device market in 2024
Apple

China leads global wrist-worn device market in 2024

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.

By Catherine Knowles • 3 min read • Sun, 5th Jan 2025
SES launches two O3b mPOWER satellites via SpaceX Falcon 9
Unified Communications

SES launches two O3b mPOWER satellites via SpaceX Falcon 9

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

By Kaleah Salmon • 2 min read • Mon, 30th Dec 2024
Huawei leads 2024 global wearables market with 44.3% rise
Wearables

Huawei leads 2024 global wearables market with 44.3% rise

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.

By Catherine Knowles • 2 min read • Thu, 19th Dec 2024
Databricks raises USD $10 billion, valued at USD $62 billion now
Data Analytics

Databricks raises USD $10 billion, valued at USD $62 billion now

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.

By Sean Mitchell • 3 min read • Wed, 18th Dec 2024
Ransomware report reveals evolving threat landscape in 2024
Malware

Ransomware report reveals evolving threat landscape in 2024

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

By Melania Watson • 3 min read • Wed, 18th Dec 2024
Firms to boost IT security budgets by 9% amid cyber losses
Cybersecurity

Firms to boost IT security budgets by 9% amid cyber losses

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

By Kaleah Salmon • 3 min read • Mon, 2nd Dec 2024
Cloudera partners with Mercy Corps to enhance aid delivery
Hyperscale

Cloudera partners with Mercy Corps to enhance aid delivery

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

By Kaleah Salmon • 2 min read • Tue, 26th Nov 2024
Global firms adopting AI to surpass legacy tech barriers
Data Analytics

Global firms adopting AI to surpass legacy tech barriers

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.

By Shannon Williams • 3 min read • Fri, 22nd Nov 2024
BGF invests in Proventeq to drive expansion & innovation
Digital Transformation

BGF invests in Proventeq to drive expansion & innovation

Proventeq, a Reading-based digital transformation specialist, has secured substantial investment from BGF to drive expansion and enhance capabilities in the UK and beyond.

By Kaleah Salmon • 3 min read • Tue, 19th Nov 2024
Trellis Data unveils speedier, greener AI decoding tech
Customer Experience

Trellis Data unveils speedier, greener AI decoding tech

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.

By Catherine Knowles • 3 min read • Fri, 15th Nov 2024
Bitdefender releases decryptor tool for ShrinkLocker
Malware

Bitdefender releases decryptor tool for ShrinkLocker

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

By Sean Mitchell • 3 min read • Fri, 15th Nov 2024
Catapult reports 20% rise in ACV & strong revenue growth
Software-as-a-Service

Catapult reports 20% rise in ACV & strong revenue growth

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.

By Melania Watson • 4 min read • Thu, 14th Nov 2024
Trustwave & Cybereason announce cybersecurity merger
Advanced Persistent Threat Protection

Trustwave & Cybereason announce cybersecurity merger

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

By Melania Watson • 3 min read • Wed, 13th Nov 2024

Stories from Other Regions

Middle East stories

Revenite appoints Jonathon Wetton as chief technology officer
Data Analytics

Revenite appoints Jonathon Wetton as chief technology officer

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

By Imee Dequito • 3 min read • Tue, 3rd Dec 2024
Vectra AI appoints Taj El-Khayat to boost EMEA growth
Advanced Persistent Threat Protection

Vectra AI appoints Taj El-Khayat to boost EMEA growth

Vectra AI has appointed Taj El-Khayat as Vice President of EMEA Partner Sales and Alliances to boost its cybersecurity services across the region.

By Imee Dequito • 3 min read • Wed, 20th Nov 2024
Westcon-Comstor expands AWS Marketplace across EMEA
Firewalls

Westcon-Comstor expands AWS Marketplace across EMEA

Westcon-Comstor has expanded its AWS Marketplace programme across EMEA to enhance partner engagement amid growing demand in Europe and the Middle East.

By Shannon Williams • 3 min read • Tue, 19th Nov 2024