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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos may have won a few extra months to find a long-term solution to its financial problems after reaching interim agreements with banks, bondholders, and the French government to provide €450 million (US$490 million) in additional liquidity. Another project to raise €1.8 Other customers will have to take their chances.

.Net 104
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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO Business Intelligence

According to  Gartner , 25% of people will spend at least an hour in the metaverse by 2026. Personal data collected by AR and VR applications creates greater opportunities for identity theft. “We must rethink how we address data privacy and security in the metaverse,” Singhal says. “We Metaverse applications are developing quickly.

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The new CIO mandate: Selling AI to employees

CIO Business Intelligence

Still, a report surfaced earlier this month that global banks and investment firms are examining the possibility of replacing entry-level financial analyst positions with AI. More than half of the surveyed employees, when asked if they had concerns about AI, cited potential security breaches.

Survey 134
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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

The parent company, meanwhile, is adopting the name Eviden, a variant of the Evidian brand previously used for its security products. The closest thing in its portfolio is a stake in Aareal Group, a bank that has an ERP software subsidiary, Aareaon, which provides digital solutions for the European property industry.

IBM 98
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Proposal to bring digital kiosks to Seattle streets raises debate: Public benefit or landscape clutter?

GeekWire

cities where the digital kiosk program has been implemented, and the hope among stakeholders is to bring the devices to Seattle in time for the FIFA World Cup in 2026. IKE Smart City says that kiosks planned for Seattle will not include security cameras. There are currently 18 U.S.

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Global costs of cyber attacks in 2024 and the future

Dataconomy

Recognizing its severity, the White House has elevated ransomware to a top security threat. Vulnerable industries include banks (credit card and client data), healthcare (health records and social security numbers), corporations (intellectual property and client databases), and higher education (enrollment and financial records).

Malware 48
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COP26 updates: Bill Gates’ Breakthrough Energy, Gates Foundation and Amazon tout climate efforts

GeekWire

Catalyst has secured $1.5 Department of Energy, with private supporters including Microsoft, American Airlines, Bank of America, GM, Citi Bank and others. Its Catalyst program is building partnerships among the public and private sector to lower the cost of decarbonizing technologies and accelerate their adoption and deployment.

Energy 98