All articles by Swagath Bandhakavi
Swagath Bandhakavi
TCS reports $7.5bn Q3 FY25 revenue, bolstered by AI growth
AI services significantly drove growth, with annualised revenue reaching $1.8bn, a 17.3% quarter-over-quarter increase in constant currency.
Torq hits $1.2bn valuation for agentic AI-driven security platform
Torq’s AI SOC platform offers solutions focused on alert triage, hyperautomation, and operational autonomy for security operations.
CrowdStrike to enhance AI-era identity security with SGNL acquisition
CrowdStrike aims to enhance its dynamic authorisation across cloud platforms by integrating SGNL’s technology with the Falcon platform.
Anthropic eyes $350bn valuation with latest fundraising round
Singapore’s GIC and Coatue Management are expected to lead Anthropic’s latest funding round, which could be finalised in the coming weeks.
AI cybersecurity readiness remains low globally as 90% of firms face elevated threat risks
According to Accenture, 63% of large firms possess limited cyber strategy or technical readiness.
Researchers uncover flaw in Open VSX Registry, exposing developer extensions to takeover
The flaw impacted Open VSX’s automated publishing system, putting multiple code editors and developer environments at risk.
AI still at pilot stage for 56% of European enterprises, report reveals
Only 48% of Europe’s largest firms have begun scaling AI, finds Accenture’s latest enterprise survey.
60% of enterprise SaaS and AI tools deployed without IT involvement, survey finds
The survey by CloudEagle.ai finds that limited visibility into tools is driving identity governance challenges as enterprises manage decentralised access.
Close to half of firms impacted by ransomware chose to pay, survey finds
Despite the high payment rate, 53% of those who paid settled for less than the initial ransom demand, the Sophos poll found.
Authentication bypass leading to remote code execution found in Aviatrix Controller
A Red Team exercise by Mandiant revealed vulnerabilities in Aviatrix Controller that escalated from an authentication bypass to full system compromise.