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BNN Bloomberg: Shares in BlackBerry Ltd. were down more than 10 per cent in early trading after the company lowered its fourth-quarter and full-year revenue expectations for its cybersecurity business. The dip in share price comes as the company said some large deals that were expected to close in the quarter were not completed in time.
Axios: Health systems buffeted by labor and supply chain costs and broader economic woes have another unwieldy financial problem: the soaring costs of cyber insurance.
The Record: Venture capital investments in cybersecurity firms showed a significant dip in the second half of 2022, according to data collected by financial research firm Momentum Cyber.
Yahoo Finance: State-backed cyber attacks are on the rise–but they are not raising the level of alarm that they should in the corporate world. When working with companies, my team often encounters executives who say they have insurance, so everything will be alright.
Forbes: Despite the pandemic seeming to ease slightly, 2022 was another year plagued with unknowns and disruption. From global conflict and cybercrime to ongoing supply chain challenges, the only certainty appears to be uncertainty.
ZDNet: From relatively simple tasks, such as composing emails, to more complex jobs, including writing essays or compiling code, ChatGPT -- the AI-driven natural language processing tool from OpenAI -- has been generating huge interest since its launch.
Bizz Buzz: Technology layoffs continue without any respite in sight as cybersecurity firms and hardware devices companies optimise workforce, joining global technology giants like Google and Amazon among others. Sources in the know said many cybersecurity firms have recently reduced their workforce as hyper-demand arising from the pandemic begins to wane.
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PR Web: Messaging Architects, an eMazzanti Technologies Company and legal technology expert, examines law firm compliance challenges in a new article. The informative article first asserts that attorneys must understand how and when numerous regulations apply to law firms.
Forbes: Cyberattacks are very costly. The world’s leading cybersecurity economy researcher Cybersecurity Ventures expects global cybercrime costs to grow by 15% per year, reaching 10.5 trillion dollars annually by 2025.
VentureBeat: Cybersecurity’s most proven innovation catalyst continues to be the many challenges of securing cloud infrastructure. The cloud has won the enterprise, dominating large enterprises’ tech stacks. The average enterprise uses 1,427 cloud services, and the average enterprise employee uses up to 36 cloud services, including platforms for collaboration and file-sharing.
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