All articles by Swagath Bandhakavi

Swagath Bandhakavi

Over 80% of UK firms report IT skills shortage impacting business

The IT skills shortage appears to be impacting hiring in cybersecurity and cloud computing most acutely.

Survey finds 72% of businesses finding AI-driven cloud spending unmanageable

The study highlights several difficulties in managing cloud expenses, with 80% of respondents reporting that private cloud costs are particularly challenging to manage.

Survey finds that 46% of office workers fear obsolescence thanks to AI

The study also revealed that only a third of respondents feel their company’s training actually aligns with their career goals.

Proofpoint explores pre-IPO financing and acquisition strategy for public market return

The timing of Proofpoint’s IPO would depend on general market conditions and the results of the 2024 US presidential election.

Rackspace confirms zero-day exploit in third-party app led to security breach

This security breach forced the US cloud computing firm to temporarily disable its monitoring dashboard.

Cybersecurity flaw in Nvidia Container Toolkit affects cloud and AI systems, warns Wiz

This flaw affects AI applications in both cloud and on-premise environments that use GPU resources, enabling attackers to escape containers and take full control of the host system.

Atos shareholders and creditors approve draft accelerated safeguard plan

The plan involves converting €2.9bn of debt into equity and issuing between €1.5bn and €1.67bn in new debt.

AI-related cybercrime sparks concern among 65% of global survey participants

The report reveals a significant disparity between these rising concerns and the readiness to address AI-driven cyber threats.

88% of corporate leaders view generative AI as key to navigating Pillar Two challenges, KPMG report finds

Investment in AI is set to grow, with 98% of respondents planning to invest in AI over the next year.

Intel rolls out new microcode update for Raptor Lake chips amid damage concerns

This update aims to prevent the CPU from drawing excessive power during periods of low activity, such as when performing light tasks or remaining idle.