BEC emails see a 20% year-on-year increase, malicious links increase by 74%, and malicious attachments double LONDON, July 31, 2024 /PRNewswire/ — VIPRE Security Group, a global leader and award-winning cybersecurity, privacy, and data protection company, has unveiled its Q2 2024 Email Threat Trends Report. The report highlights the ingenuity of cyber criminals in using AI to evade detection and maliciously scam individuals and enterprises. VIPRE processed 1.8 billion emails globally, detecting 226.45 million spam emails and 16.91 million malicious URLs to identify the email threat trends that impact enterprises the most. The high stakes of Business Email Compromise (BEC) BEC remains a major scourge.…
Author: PRNEWSWIRE
Read More
Sweet now harnesses generative AI to nail business-critical cloud risks and reduce cloud Mean-Time-To-Respond (MTTR) and Mean-Time-To-Contain (MTTC) TEL AVIV, Israel, July 31, 2024 /PRNewswire/ — Sweet Security today announced it has added generative artificial intelligence (GenAI)-powered capabilities to its cloud runtime security suite. Sweet users now have an upgraded ability for runtime risk management and runtime response as they can classify workloads by business impact and get granular incident response playbooks on the fly. By integrating GenAI, Sweet enables security teams to act on its runtime insights faster and reach Mean-Time-To-Contain (MTTC) quicker than ever before. Sweet will be demonstrating its new…
WLAN Market Nosedive to Show Signs of Recovery Late 2024 REDWOOD CITY, Calif., July 31, 2024 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, Wireless LAN (WLAN) revenues are expected to drop 13 percent in 2024, with lower prices exacerbating depressed demand. Meanwhile, vendors sensitive to eroding prices are cutting back on some functions of their Wi-Fi 7 APs, and this is expected to increase the adoption of the new technology over the next five years. “The digestion of previous WLAN shipments and the cautiousness…
SEOUL, South Korea, July 30, 2024 /PRNewswire/ — SwiftMR™, the artificial intelligence (AI) solution for magnetic resonance imaging (MRI) from AIRS Medical, has been approved for use in Canada. Hospitals, radiology centers, and other diagnostic imaging facilities across the country can now leverage this award-winning1 technology, which utilizes deep learning algorithms to reduce scan times and generate clearer images. SwiftMR™ approved for use Operating under the laws of the Food and Drugs Act, the Medical Devices Regulations, and supporting guidance documents, Health Canada regulates the sale and importation of medical devices such as MRI scanners. SwiftMR™ has been approved by Health Canada. Since SwiftMR™ is…
MORRISTOWN, N.J., July 30, 2024 /PRNewswire/ — RevHealth, a full-service independent pharmaceutical marketing and communications agency, has announced the launch of AgencyOS, a proprietary AI agency platform that delivers optimized omnichannel campaign components at speed. Banner ads that took 2 weeks to develop are now done in 7 minutes. AgencyOS is the first AI offering from the agency through an ongoing partnership with PixieDust Labs, a leader in machine learning and integrated AI marketing solutions. RevHealth Chief Innovation Officer Chris Cullmann and PixieDust founder Doug Barr have been in a year-long collaboration to challenge the role of AI in the agency environment. The resulting system is being…
Intellectual property theft spiked; More than one-third of breaches involved shadow data Yet use of AI/Automation cut breach costs by $1.88 million CAMBRIDGE, Mass., July 30, 2024 /PRNewswire/ — IBM (NYSE: IBM) today released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached $4.88 million in 2024, as breaches grow more disruptive and further expand demands on cyber teams. Breach costs increased 10% from the prior year, the largest yearly jump since the pandemic, as 70% of breached organizations reported that the breach caused significant or very significant disruption. Lost business and post-breach customer and third-party response costs drove the…
Aerospike enables support for mainstream global blockchain use cases and accelerated mining, with three million NoSQL transactions per second and unbounded scale. MOUNTAIN VIEW, Calif., July 30, 2024 /PRNewswire/ — Aerospike, Inc. (“Aerospike”) today announced that the BSV Blockchain trials of Aerospike, which underpins its groundbreaking Teranode blockchain transaction platform, has achieved sustained throughput of over three million transactions per second (TPS), enabling Teranode to support over 1 million global BSV Blockchain transactions per second (100 billion a day). These results far outstrip the performance of traditional core banking infrastructure and payment systems. BitCoin (BTC), the first and most common implementation of Bitcoin, supports just seven transactions a second…
LONDON, July 30, 2024 /PRNewswire/ — FullCircl, a UK-based RegTech which is uniquely placed at the intersection where revenue meets regulation, has reported its best ever quarter amid three consecutive quarters of significant growth. The business saw new order intake increase by 96% year-on-year, translating into double digit compound growth in revenue and not at the expense of EBITDA positivity which the Group has maintained. These numbers reflect the unique opportunity FullCircl see to lead in the provision of a single platform that drives revenue accretion and regulatory compliance as a viable alternative to fragmented point solutions. The lineage of FullCircl, created just two…
WALLDORF, Germany, July 30, 2024 /PRNewswire/ — SAP SE (NYSE: SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Executive Board members Scott Russell and Julia White to leave the company’s Executive Board, effective August 31st. Chief Revenue Officer Scott Russell has played a central role in helping SAP customers around the world on their journey to the cloud. His success gives SAP the opportunity to develop the full potential of the company’s best-of-suite offering, ensuring customers take advantage of SAP’s solutions to maximize agility and innovation. A search for Scott Russell’s successor is underway. SAP CEO Christian Klein will assume responsibility for the sales organization in the interim. Chief Marketing and…
– 77% of global companies surveyed want to grow revenues through AI – Survey reveals that companies’ average AI investment planned this year is nearly $50M – Enterprises are cautious about scaling AI, with only 26% having implemented cross-enterprise use cases TEANECK, N.J., July 30, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) has released a companion analysis to its comprehensive 2023 study with Oxford Economics, and the new report – titled “New Work, New World: Quantifying Global Gen AI Momentum” – outlines cautious optimism is driving current market adoption of generative AI across various industries and geographies. Key findings from the survey reveal that the greatest strategic priority for…