All articles by Swagath Bandhakavi
Swagath Bandhakavi
GenAI adoption in workplaces skyrockets to 75%, survey shows
The EY 2024 Work Reimagined Survey found that the technology sector had the highest adoption rate at 90%, while the government and public sectors had the lowest at 60%.
Cybercriminals leverage EDRSilencer tool to mute endpoint detection tools
Researchers at Trend Micro reported that EDRSilencer successfully blocked communication for processes not included in its hardcoded list during tests, highlighting its broad capabilities.
ASML’s reduced sales forecast raises concerns over global chip demand
The semiconductor company has revised its 2025 total net sales estimate to between €30bn and €35bn, along with a projected gross margin of 51% to 53%.
Survey reveals 78% of businesses unprepared for Gen AI due to poor data foundations
The study by MIT Technology Review Insights and Snowflake found that 72% of businesses intend to use AI to boost operational efficiency.
Cisco probes alleged data breach after hacker claims sale of information
The US tech firm acknowledged reports of a threat actor claiming to have accessed certain files and confirmed that an investigation is underway to evaluate the claim.
Nvidia shares hit record high, poised to surpass Apple in market valuation
Shares of Nvidia rose by 2.4%, closing at $138.07, as investors demonstrated ongoing confidence in the increasing demand for its AI processors.
Casio confirms data breach in ransomware attack, personal data stolen
The Underground ransomware group has taken responsibility for the attack, leaking documents allegedly stolen from the systems of the Japanese tech giant.
US lawmakers call on AT&T, Verizon, and Lumen for details on Chinese cyber breach
The Committee requested a briefing and details on breaches allegedly involving attempts to access US court-authorised wiretapping data.
Majority of finance professionals eye AI investment by 2029, survey reveals
The report by Wolters Kluwer underscores a significant shift in perspective among finance leaders, who are increasingly recognising AI as a crucial component of their strategic frameworks.
AI to transform UK investment management, says new industry report
The report from the Technology Working Group argues for greater AI adoption in across investment management to boost efficiency and streamline portfolio management.