All articles by Swagath Bandhakavi
Swagath Bandhakavi
Credential theft outpaces ransomware as cyber threat landscape evolves, report claims
IBM’s report, based on monitoring over 150 billion daily security events in 130 countries, reveals an 84% increase in email-delivered infostealers in 2024 compared to the prior year.
Atos Q1 2025 revenue falls 15.9% amid UK contract challenges
Despite the decline in revenue, Atos experienced a rise in client orders, with order entries reaching €1.7bn by 31 March 2025, compared to €1.6bn the previous year.
AI companies secure at least $52bn in global VC funding during Q1 2025
The surge was led by OpenAI’s $40bn raise, with AI firms including Anthropic, Infinite Reality, and Groq securing eight of the 10 largest global VC deals in Q1 2025.
OpenAI expands ChatGPT capabilities with launch of o3 and o4-mini models
The models are built to handle tasks across text, code, data, and image inputs by independently selecting and using integrated tools.
GenAI adoption nearly doubles to 22% in global professional services, report shows
The study by Thomson Reuters found that 89% of corporate professionals saw GenAI use cases, but 64% had no formal training, highlighting a gap between awareness and application.
ASML holds full-year guidance despite macro risks and US trade tariffs
The Dutch firm maintained its €30bn–€35bn full-year revenue forecast while warning that rising trade tensions and new US tariffs could disrupt demand in the coming quarters.
Researchers identify new ResolverRAT cyber threat affecting global healthcare organisations
ResolverRAT malware is deployed via phishing emails and executes entirely in memory, bypassing conventional endpoint security detection methods.
South Korea boosts chip industry funding to $23bn in response to global tariff risks
The updated package allocates KRW20 trillion ($14bn) in financial support, up from KRW17 trillion ($12bn), to assist domestic chipmakers including Samsung Electronics and SK hynix.
Microsoft confirms purposeful creation of inetpub folder in recent update
Initially, the folder was believed to be an error linked to the Windows 11 KB5055523 update and similar updates for Windows 10.
Trump set to announce new tariff rates on imported semiconductors
The upcoming announcement indicates that the prior exemptions for smartphones and computers from tariffs on Chinese imports might soon be revoked as part of a strategy to restructure trade in the semiconductor industry.