Enterprise IT
Amid a fintech onslaught, attrition, Western Union tests new POS, digital services
A huge 40% of all customers don't return “due to pricing, transaction time, or poor customer..."
Enterprise IT
Ford's software subscriptions surge, drive data-led decisions..
Telemetry also informing design choices, cost measures
Cybersecurity
Western Digital hackers spied on incident response, taunt firm
Extortion efforts continue...
Enterprise IT
HSBC values Silicon Valley Bank UK at $1.5 billion after £1 buyout
HSBC reported costs of $7.5 billion despite “continued cost discipline” in Q1 2023, which it attributed to “higher spend on technology” as it also revealed a $1.5 billion gain from its £1 Silicon Valley Bank acquisition. The bank's IT leaders are continuing to execute HSBC'
Cybersecurity
"Cascading" software supply chain attack now has CNI victims in EU, US
Two critical infrastructure providers in the energy sector were breached via a software supply chain attack that also hit business communications provider 3CX and its downstream customers, as well as trading companies. That’s according to cybersecurity firm Symantec this week, which said that its Threat Hunter Team had identified
Cloud
Citi adds 8,000 tech staff, hikes IT spending 12%
Citigroup has added 8,000 people in its technology function over the past 12 months as it ramps up an ambitious digital transformation programme, hiking IT spending by 12% in Q1 2023 and slashing app numbers. Recent successes include the retirement of 20 trading platforms to consolidate around one, an
Enterprise IT
UK’s ambitious new 5G strategy hints at support for mergers, changes to “net neutrality” rules
Standalone 5G everywhere by 2030 - on whose dime?
Enterprise IT
Gov't lost up to £58 billion to fraud in one year, as auditors warn over data silos
HMG under-performing on data matching, intelligence and analytics
Enterprise IT
BT launches new “BT Business” unit, appoints Hena Jalil as CIO
Management and support consolidation to save BT £100 million.