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Lockbit Ransomware Gang Targets Boeing, Exposes Sensitive Data

The cybercrime group Lockbit released internal material from Boeing, a significant defence and space contractor, on the internet. Lockbit stated in Oc

The cybercrime group Lockbit released internal material from Boeing, a significant defence and space contractor, on the internet. Lockbit stated in October that it had gotten a large quantity of confidential information from Boeing and that it would not disclose it unless a ransom was paid by November 2. Boeing acknowledged that information had been made public by a criminal ransomware actor and verified a cybersecurity breach affecting some portions of its components and distribution business. Boeing stated that it does not think the event jeopardises aircraft or flight safety, but it did not address whether defence or other sensitive data was exposed. Lockbit is recognised as a proficient and wellorganized criminal group that has attacked establishments throughout the globe. Read More..

B2B Tech News | 1 years ago          

Data Borders Open Qichachas Success Signals Shift in Chinese Info Access Abroad

Qichacha, a Chinese firm information supplier, is the first in the enterprise credit information industry to pass a data export security evaluation. T

Qichacha, a Chinese firm information supplier, is the first in the enterprise credit information industry to pass a data export security evaluation. This advancement enables Qichacha to introduce its database in several foreign nations. In recent years, the Chinese government has enacted several cybersecurity, data, and privacy rules that mandate that organisations with sizable user bases go through evaluations and get approvals before using their data. Regulations enacted in 2022 require security checks before exporting data. The fact that Qichacha was able to pass this evaluation points to a possible change in how easily accessible Chinese corporate data is for users who are located abroad. Read More..

B2B Tech News | 1 years ago          

South Africas Inflation to Hover Around 5%, Annual Repricing in January

South Africas inflation is expected to remain relatively stable in the coming months, according to Investec Chief Economist Annabel Bishop. The Headli

South Africas inflation is expected to remain relatively stable in the coming months, according to Investec Chief Economist Annabel Bishop. The Headline Inflation rate is projected to decrease from 5.4% in September to 5.0% in December. While it may reach the South African Reserve Banks target of 4.5% by mid2024, a slight increase is anticipated in January due to annual repricing by retailers. Factors such as oil prices, the exchange rate, and a predicted fuel price cut for December are likely to influence inflation. The manufacturing sectors downturn and rising input prices suggest a return to inflationary pressure. Despite a stronger rand, concerns about demand and oil prices are impacting the economic outlook. Read More..

B2B Tech News | 1 years ago          

B2B Giants Thrive Alibaba, Amazon, eBay Shape North Americas eCommerce Landscape

The North America B2B eCommerce Market, covering the United States and Canada, is rapidly expanding with a projected CAGR of 22.15% in revenue from 20

The North America B2B eCommerce Market, covering the United States and Canada, is rapidly expanding with a projected CAGR of 22.15% in revenue from 2023 to 2032. This sector facilitates online trade between businesses and includes major players such as Alibaba, Amazon, and eBay. The market growth is driven by factors like the digitalization of business processes, increased acceptance of online procurement, and the demand for efficient and costeffective solutions. Giants like Alibaba, Amazon, and eBay have expanded their presence in B2B, while specialized platforms like EC21 and Thomasnet cater to specific B2B needs. Read More..

B2B Tech News | 1 years ago          

Tech Advancements Take Center Stage in Indian Business Spending Plans

Indian businesses are leading in global optimism, with 72% expecting increased B2B spending in 2023, surpassing the global average of 49%, as per an A

Indian businesses are leading in global optimism, with 72% expecting increased B2B spending in 2023, surpassing the global average of 49%, as per an American Express and Cebr survey. The surge is driven by a focus on technology investments, with 88% planning to allocate more funds for technological advancements. Goals include improving payment speed, enhancing productivity, and meeting digital product demands. Additionally, 72% plan to boost spending on business travel, signaling a return to networking and exploring partnerships. Moreover, 68% aim to invest more in business and professional services, particularly IT and technology consultancy. Notably, 84% have partially automated payments to suppliers, with 39% achieving full automation. Read More..

B2B Tech News | 1 years ago          

Combatting Deepfakes Microsofts Watermark Tool Aids Politicians in Election Integrity

Microsoft is offering a tool to U.S. politicians and campaign groups to combat deepfakes leading up to the 2024 presidential election. The tool uses w

Microsoft is offering a tool to U.S. politicians and campaign groups to combat deepfakes leading up to the 2024 presidential election. The tool uses watermark credentials through cryptography to authenticate videos and photos, creating a permanent record to detect digital alterations or AIgenerated content. Initially free for political candidates, Microsoft may extend the tool to more groups post2024. Despite addressing deepfake concerns, Microsoft is investing heavily in generative AI, putting $10 billion into OpenAI. The company also emphasizes the threat of foreign interference in U.S. politics, particularly from China, Iran, and Russia, as highlighted in a recent threat intelligence report. Read More..

B2B Tech News | 1 years ago          

Crash Prompts Cruise to Recall 950 Autonomous Vehicles Across the U.S.

Cruise is recalling 950 autonomous vehicles in the U.S. due to issues with the collision detection system in its Automated Driving Systems ADS softwar

Cruise is recalling 950 autonomous vehicles in the U.S. due to issues with the collision detection system in its Automated Driving Systems ADS software. The recall comes after a robotaxi was involved in a crash where the ADS response was deemed improper. The incident involved a pedestrian in San Francisco. Cruise plans to address the softwares response in certain collision situations. The company had previously halted operations nationwide and temporarily suspended production of its Cruise Origin. Cruise acknowledges the need for ongoing software improvements and anticipates potential future recalls. The company is currently under federal investigation for safety concerns, competing with Waymo and others in the race to bring autonomous cars to market. Read More..

B2B Tech News | 1 years ago          

Telenor IoT and Polarium Set to Transform Energy Storage Systems

Telenor IoT and Polarium are teaming up to bring advanced cellularmanaged connectivity to energy storage developer Polarium. The partnership will enab

Telenor IoT and Polarium are teaming up to bring advanced cellularmanaged connectivity to energy storage developer Polarium. The partnership will enable Polarium to offer digital solutions such as fleet management, remote monitoring, antitheft, and tracking services for energy storage systems globally. Polariums fleet management service allows users to monitor, control, and optimize their fleets, identifying potential issues before they disrupt operations. The collaboration aims to provide comprehensive coverage and innovative IoT solutions, starting in Sweden and expanding to more countries in the future. Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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