The U.S. Department of Energy (DOE) is taking big steps towards strengthening national security by pledging $10 million to improve the cybersecurity of its electric grid. This isn’t just a random investment; it’s a serious commitment to protect crucial systems from cyber threats. Sudhir Kumar, a key player in this initiative, is leveraging his technical […]
VTG has ramped up its efforts in the intelligence sector by acquiring three businesses simultaneously. This move marks the fifth, sixth, and seventh acquisitions since the company was taken over by Alvarez & Marshal Capital in late 2023. The exact financial terms of these deals remain undisclosed. Key Points VTG is focusing on expanding its […]
The Homeland Security Department has made the bold move to terminate a significant $2.4 billion cybersecurity contract with Leidos. This decision comes after a year-long saga of protests but is rooted in changes unrelated to the disputes from competitors. Key Points The DHS terminated the Agile Cybersecurity Technical Solutions contract, stating a mismatch with current […]
The Forrester TEI report highlights how AI can massively boost productivity, efficiency, and employee experience while proving its financial worth. This article dives deep into AI’s transformative potential and gives clear insights on how businesses can leverage it for substantial returns. Source: CIO Key Points AI tools can achieve an ROI of 176%–415%, translating to […]
Global IT leaders are placing bigger bets on generative artificial intelligence than cybersecurity in 2025, according to new research by Amazon Web Services (AWS). The AWS Generative AI Adoption Index, based on a survey of 3,739 senior IT decision-makers across nine countries, found that 45% of organisations are prioritising generative AI in their tech budgets […]
Work-Bench, a venture capital firm based in New York, has successfully raised $160 million for its Fund IV. This funding is aimed specifically at supporting seed-stage founders who are developing enterprise software, especially in sectors like AI, cybersecurity, and developer tools. Source: TechCrunch Key Points Work-Bench has raised $160 million to fund new ventures specifically […]
Matt Cohen, the CEO of CyberArk, shared insights on the importance of consolidating cybersecurity tools to enhance value and streamline operations in the ever-evolving landscape of cybersecurity. His discussion highlighted key strategies for identity security and optimising cybersecurity investments. Source: CNBC Key Points Consolidating multiple cybersecurity tools can maximise operational efficiency. Cohen emphasises the role […]
This article from CIO Dive discusses how silos in data are creating significant challenges for IT operations and hindering AI initiatives within organisations, as highlighted in a recent Ivanti report. Key Points Over half of IT and cybersecurity professionals reported that critical data is siloed within their organisations. Siloed data leads to inefficiencies such as […]
State CIO Madhu Gottumukkala reflects on lessons learned and IT advances focused on better public service, as he prepares to depart for a new cybersecurity role with the federal government. Source: www.govtech.com Key Points Madhu Gottumukkala, South Dakota’s CIO, is transitioning to a federal role, leaving behind a significant legacy in public service technology. He […]
Hightower has just announced a strategic investment in Lindbrook Capital, a financial planning and wealth management practice managing around $3.8 billion in assets. With offices in key locations like Los Angeles and New York City, Lindbrook is known for its highly customised investment management services aimed at affluent families and individuals. Hightower’s Chairman and CEO, […]
