United Kingdom (UK) stories - Page 37

Alexander Hecker has been appointed Senior Vice President Global Peripherals at CHERRY, effective 1 February 2025, to lead a division restructuring.

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

DigiCert has appointed Paul Holt and James Cook as EMEA and APAC Group Vice Presidents respectively, aiming to enhance digital trust services across both regions.

A recent Swimlane report reveals that 68% of organisations fail to tackle critical vulnerability within 24 hours, shedding light on severe challenges in cybersecurity management.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

Athelis Health Club in Warrington has remarkably cut membership fraud by 90% by implementing advanced facial recognition technology from i-PRO.

Vectra AI has unveiled the Vectra AI Scholars Program, offering scholarships and mentorship to inspire the next generation in AI and cybersecurity.

Avast has launched its Secure Identity solution in 15 new countries, including the UK and Australia, in response to a surge in identity theft and data breaches.

Capgemini's latest report highlights the significant environmental challenges of generative AI, revealing half of UK executives see a rise in greenhouse gas emissions.

Railway operators are set to invest $1.2 billion in 5G LTE technology by 2027, marking a significant shift towards modern communication infrastructures.

CSIS Security Group's latest Threat Matrix report highlights a surge in cyberattacks, revealing over one billion compromised credentials on the dark web each month.

A recent Zscaler report reveals a 10% increase in cyberthreats via encrypted channels, now 87% of all attacks, with manufacturing most targeted.

A new report by Lineaje reveals that over 95% of security vulnerabilities stem from open-source dependencies, highlighting critical risks for organisations.

Westcon-Comstor has partnered with Juniper Networks to enhance growth opportunities for channel partners on AWS Marketplace across EMEA and APAC.

Avanade is urging mid-market firms to rethink AI adoption, focusing on a people-centric approach amid concerns over job displacement and workplace dynamics.

Yuno now offers Mastercard's Click to Pay, a secure checkout solution aimed at reducing cart abandonment and enhancing the eCommerce experience.

A cybersecurity report reveals over 145,000 worldwide Industrial Control Systems are at risk, highlighting urgent vulnerabilities in UK water services.

ThreatQuotient's 2024 report shows a surge in cybersecurity automation adoption, with 99% of professionals increasing budgets in the UK, US, and Australia.

A study by Orgvue reveals a stark divide in CEO attitudes towards workforce transformation, with many preferring to resign over major changes.