ICT sector stories - Page 14

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

Employment Hero surpasses AUD $300 million ARR and nears first profit, supporting 350,000 businesses with its integrated employment platform globally.

Pax8 launches Agent Store and Managed Intelligence Provider Playbook to help MSPs adopt AI and boost growth with tailored digital solutions.

Canadian firms increasingly adopt AI in cybersecurity but face a talent shortage that hinders progress and raises breach risks, finds Fortinet's 2025 report.

Peter Farkas has returned as CEO of Percona, bringing over a decade of experience in open source database technology to lead innovation and growth.

RegScale appoints Chad Woolf as Chief Product Officer to lead product strategy and scale its continuous controls monitoring platform for global growth.

KnowBe4 has won three major 2025 awards recognising its leadership in human risk management, sustainability, and corporate responsibility in cybersecurity.

Tanium has been honoured with multiple global awards recognising its outstanding workplace culture and innovation across Asia, Europe, and North America.

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.

Testlio, Bugcrowd and InnoWave launch Testlio Apex Partner Programme, uniting global experts to enhance software quality assurance in fintech and tech sectors.

Calgary's Blackline Safety named one of Canada's Top Growing Companies for the seventh consecutive year, boasting 134% revenue growth over three years.

Nearly half of Canadians use AI at work, but only 12% have formal training, highlighting a significant skills and confidence gap in the workforce.

AI demand could drive USD $500 billion in annual data centre spending by 2030, creating a USD $2 trillion cloud revenue opportunity despite funding shortfalls.

Seneca Polytechnic launches a two-year Master of Artificial Intelligence programme blending advanced theory with real-world industry experience and internships.

The US manufacturing slowdown reflects structural shifts and post-boom normalisation, with rising AI investment reshaping the sector amid tariff pressures.

Ransomware attacks held steady at 328 in August, with cyber gangs collaborating to boost impact, says NCC Group report highlighting persistent global risks.

Tenable launches Exposure Management Leadership Council to help CISOs bridge the cyber risk communication gap with business leaders across key sectors.

Cloud giants AWS and Microsoft now dominate the reshaped IoT platform market, as AI integration becomes key amid industry consolidation and slowed growth.

London, Ontario ranks fourth in North America's tech talent markets, boasting 54.5% sector growth and average wages rising to USD $77,347 in 2024.

Siemens has joined the CHERI Alliance to advance cybersecurity in Electronic Design Automation by promoting hardware-enforced memory safety technology.