Most organisations still think humans are better than AI in detecting cyberthreats

Almost 60 per cent of respondents polled by WhiteHat Security said they were still more confident in cyberthreat findings verified by humans over those intelligent technologies.

In its latest report, titled “AI and Human Element Security Sentiment Study”, which surveyed 102 industry professionals, WhiteHat Security found over half of the organisations use AI or machine learning in their...

Apple subsidiary Claris launches low-code automation platform

Claris International, a subsidiary of Apple, has announced the launch of its ‘Claris Connect’ workflow automation platform.

According to the company, the platform is designed for the real-world challenges of small and medium businesses. After several months of testing and growth of its library of connectors, the company is now finally all set to drive digital transformation for any...

Organisations adopting AI in finance and operations see 80% faster annual profits, says Oracle

Organisations adopting artificial intelligence (AI) alongside other emerging technologies in finance and operations are likely to see their annual profits grow 80% faster, according to a study from Oracle.

The study, titled ‘Emerging Technologies: The Competitive Edge for Finance and Operations’, found that of the 700 respondents polled, 37% of finance organisations have seen a reduction in...

Many companies still compromising mobile security to get things done: Verizon study

Four in 10 companies admit they have ‘sacrificed’ mobile security in the past year, according to the latest study from Verizon.

The report, Verizon’s third edition of its Mobile Security Index, found many companies are leaving themselves at risk through lax security plans. 43% of respondents had sacrificed mobile security over the most recent 12 months, with two thirds (66%) of...

Kronos and Ultimate Software announce merger to create HCM powerhouse

Kronos, a US-based human capital management cloud provider has entered into a definitive merger agreement with Ultimate Software with the aim to build one of the world’s largest cloud companies.

The combined company will have a stronger position in the rapidly growing human capital management (HCM) marketplace. The companies will have revenues of about $3 billion (£1.54bn), more than 12,000...

Cybersecurity firm Deep Instinct announces $43 million series C funding to boost growth

Deep Instinct, a US-based cybersecurity firm has announced its $43 million (£32.95m) series C funding, bringing he company’s total investment to £76.6m.

The funding round was led by Millennium New Horizons, with participation from Unbound, the London-based investment company, along with LG, and existing investor NVIDIA. According to Deep Instinct, the investment will be used to boost...

IDG’s State of the CIO 2020: Changing responsibilities and becoming more customer-centric

IDG has recently released its 2020 State of the CIO research, which explains in detail the CIO agenda for the upcoming year and provides a framework of the responsibilities and challenges faced by senior IT leaders. Over the past decade, 42% of CIOs have had a transformational focus, but strong momentum suggests 40% will be taking more strategic responsibilities in 2020.

The research suggests 45% of CIOs polled spend the majority of their time on security management; 44% on...

Report: Global IT spending forecast to rise 3.4% year on year to almost £3tn in 2020

Gartner has forecast in its latest report that worldwide IT spending is forecast to reach £2.95 trillion ($3.9tn), an increase of 3.4% year over year in 2020. Global IT spending is expected to hit almost £4 trillion in 2021.

One of the fastest growing markets in 2020 will be the software market – that is expected to grow 10.5%. The report also predicted that growth in enterprise IT...

Insight Partners acquires Armis for $1.1 billion to claim largest enterprise IoT security deal

New York-based private equity firm Insight Partners has acquired California-based enterprise IoT security provider Armis for $1.1 billion (£838.5m).

Armis allows organisations to safely adopt unmanaged and IoT devices throughout their business. As CTO Nadir Izrael puts it: “One of the biggest challenges keeping CIOs and CISOs up at night is how to secure the unmanaged devices proliferating...

Veritas: Enterprises are accelerating their cloud transformations

According to Veritas, an American international data management company, enterprise customers are accelerating their cloud transformation initiatives.

Veritas has experienced a four-fold rise in the amount of data moving from on-premises environments to the two main public clouds worldwide over the past year alone, which is an addition to a dramatic increase in the number of NetBackup workloads that have managed to move to the cloud in the same timeframe.

As an enabler of...