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8 major IT disasters of 2024

CIO Business Intelligence

For past IT mishaps of note, see our biggest IT failure roundups from 2023 and 2021. ] Millions of missed calls While the CrowdStrike outage was huge, it was dwarfed in sheer numbers by a February service interruption at AT&T Mobility, affecting 125 million mobile devices across the US.

Financial 340
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The changing face of cybersecurity threats in 2023

CIO Business Intelligence

Over the last eighteen months or so, a motley group of teenagers under the banner of Lapsus$ managed to hack into “unbreachable” fortresses at tech giants such as Okta, T-Mobile, Nvidia, Microsoft, and Globant using unsophisticated but creative and persistent techniques. It is impossible to know your adversaries.

Network 351
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12 AI predictions for 2025

CIO Business Intelligence

Small language models are also better for edge and mobile deployments, as with Apples recent mobile AI announcements. Anshu Bhardwaj, SVP and COO at Walmart Global Technology says that consumers arent the only ones who stand to benefit from mobile AI. Now, it will evolve again, says Malhotra. Agents are the next phase, he says.

CTO Hire 354
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Securing 5G for 2023 and beyond

CIO Business Intelligence

By Anand Oswal, Senior Vice President and GM at cyber security leader Palo Alto Networks While mobile technology has been around for decades, the current generation, 5G, is increasingly being recognized for the exciting new benefits it brings to enterprises, SMBs, and public sector organizations. Let’s prepare for the journey together.

Security 305
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IBM: Cost of an enterprise data breach hit post-pandemic high

Network World

million – a 10% increase from 2023 and the largest spike since the pandemic. That’s according to IBM’s 2024 Cost of a Data Breach Report that analyzed data infringements included interviews with 3,556 security and business professionals that hit 604 global organizations, between March 2023 and February 2024.

IBM 436
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Why endpoint security will be a renewed priority for businesses of all sizes in 2023

CIO Business Intelligence

Three of the biggest risks moving into 2023 and beyond are: Ransomware – in which a malicious program infects a computer, locking access to all files until a ransom is paid to gain access to an unlock key. Cyber crime is estimated to cost the Australian economy around $42 billion per year, and that number is only increasing.

Security 244
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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The malware has been active since 2023, specifically targeting victims in Vietnam and Thailand.

Malware 98