At some point, you may have seen the question, “Would you rather have a penny that doubles each day for a month or 1 million dollars?” You may be wondering whether the option you’d instinctively choose is the best option. Fortunately, you can figure it out with a little math. If you had to pick … Read more
Aventum, the London-based international re/insurance group, is investing $12 million over two years to create an inhouse proprietary tech function across its global operations. The group now has 25% of its global workforce employed in tech and IT functions, including a ringfenced Innovation Lab dedicated to fail-fast innovation. The multi-million-dollar investment will see the development … Read more
PayPal was issued a $2 million fine from the state of New York for failing to properly secure customer data. The New York state department of financial services said the seven-figure payout would be part of a settlement deal stemming from the 2022 data breach that saw some customer Social Security numbers exposed to threat … Read more
The personal information of almost half a million people is now in the hands of hackers after a security breach of a company used by some of the world’s best known hotel brands. Hotel management software provider Otelier boasts that more than 10,000 hotels – including brands like Marriott, Hilton, and Hyatt – use its … Read more
Recent data from the Freedom of Information Act paints a stark picture of the escalating cyber security challenges the UK’s government agencies face. Over the past three years, the UK Houses of Parliament have intercepted and blocked more than 46 million email-based cyber attacks, underscoring the severity and persistence of these threats. A Growing Threat … Read more
