All articles by Swagath Bandhakavi

Swagath Bandhakavi

58% of UK financial firms targeted in supply chain cyberattacks, survey reveals

Nearly a quarter of respondents to the poll by Orange Cyberdefense reported facing three or more third-party cybersecurity incidents.

Ransomware payments drop 35% in 2024 amid law enforcement crackdowns

According to US-based blockchain analysis firm Chainalysis, ransomware payments dropped nearly 34.9% after July 2024, marking the most pronounced decline in H2 despite a 2.38% increase in the first half.

GenAI adoption surges in supply chains, but productivity gains prove to be mixed bag

GenAI is boosting individual efficiency but these gains are not scaling effectively across teams, according to new research from Gartner.

China targets Google and US businesses in response to tariffs

The State Administration for Market Regulation has opened an anti-monopoly investigation into Google over alleged breaches of China’s competition laws.

Rhode Island secures $5m from Deloitte to mitigate RIBridges data breach fallout

The ransomware group Brain Cipher breached RIBridges, gaining unauthorised access to sensitive data, including Social Security numbers, addresses, dates of birth, and banking details.

Sophos completes $859m acquisition of Secureworks from Dell Technologies

The acquisition brings Secureworks’ Taegis platform, an AI-driven XDR solution used by organisations to automate responses and enhance cyber threat investigations.

Global semiconductor revenue surges 18% in 2024

Samsung regained its position as the world’s largest semiconductor vendor in 2024, surpassing Intel with $66.5bn in revenue, driven in part by a rebound in memory device prices.

DeepSeek faces probe in Netherlands over data handling

The Dutch privacy watchdog has emphasised that European citizens’ personal data can only be stored outside the EU under strict conditions, which DeepSeek is required to meet.

High-risk AI systems face ban in EU as AI Act enforcement takes effect

The AI Act, in effect since 1 August 2024, reached its first compliance deadline on 2 February 2025, empowering EU regulators to ban AI applications deemed an “unacceptable risk” under its regulatory framework.

US DOJ files lawsuit against HPE’s $14bn acquisition of Juniper Networks

The DOJ argues that the deal could drive up costs and hinder innovation in the enterprise networking sector, which is essential for businesses and institutions.