In a significant development, Wipro Limited, a preeminent provider of technology services and consulting, has been selected by Hanesbrands Inc. (NYSE: HBI), a leader in the global apparel market, to further its digital transformation initiatives. This collaboration is aimed at driving business growth and enhancing the long-term profitability of Hanesbrands, marking another milestone in their […]
VersaBank (TSX: VBNK) (NASDAQ: VBNK), a pioneer in digital banking and cybersecurity solutions, has received a crucial nod from the U.S. Federal Reserve for its $13.5 million acquisition of Stearns Bank Holdingford, a move set to significantly expand its operations in the United States. This approval marks a major step in the acquisition process, requiring […]
ID Dataweb, a leader in cross-channel identity verification, has announced an expanded collaboration with IBM (NYSE: IBM), aimed at integrating ID Dataweb’s advanced identity verification workflows into IBM Security Verify. This strategic enhancement is set to provide organizations with seamless ways to confirm user identities within existing digital workflows, ensuring that credentials are securely managed […]
General Dynamics Information Technology (GDIT), a key business unit of General Dynamics (NYSE:GD), has been awarded a significant $185 million recompete task order to enhance cybersecurity across the Air Force Civil Engineer Center (AFCEC). The contract, secured through the 772nd Enterprise Sourcing Squadron, includes a one-year base period with four option years, reinforcing GDIT’s longstanding […]
In a significant enhancement to their long-standing partnership, Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) have unveiled new cybersecurity offerings that integrate Palo Alto Networks’ Precision AI technology with Accenture’s secure generative AI services. This collaboration aims to equip organizations with the tools they need to harness the transformative power of AI while […]
Accel-KKR, a technology-focused private equity firm, has successfully completed the carveout acquisition of Accertify from American Express (NYSE: AXP). This strategic acquisition positions Accertify to operate as a standalone private entity, focusing on accelerating growth and innovation in the global fraud protection technology market. Enhancing Fraud Prevention and Security Services Accertify is a leading provider […]
In a landmark announcement, Microsoft has committed to investing US$2.2 billion over the next four years, marking the largest single investment by the tech giant in its 32-year history in Malaysia. This strategic move is set to bolster Malaysia’s digital infrastructure and accelerate the country’s transformation into a global tech hub. Comprehensive Development Plans The […]
AXA, a global leader in insurance and asset management, and Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), have unveiled their plan to collaboratively develop the AXA Digital Commercial Platform (DCP). This initiative aims to revolutionize risk management by integrating advanced analytics and generative AI technologies. The announcement marks a significant […]
In a latest disclosure, the United Kingdom, backed by global allies, has exposed malicious cyber campaigns by Chinese state-affiliated organizations targeting democratic institutions and parliamentarians. This move underscores a significant effort by partners across the Indo-Pacific and Europe, standing in solidarity with the UK to spotlight the cyber threats undermining democratic processes and electoral integrity. […]
In a concerning development for digital privacy, AT&T, the Dallas-based telecommunications giant, has confirmed that personal information for approximately 73 million current and former customers was leaked on the dark web. The breach, which the company acknowledged in a recent statement, is believed to involve data from 2019 or earlier, affecting around 7.6 million current […]