On 28 April, Spain experienced a massive blackout, losing 60% of its power, causing widespread disruption across the country. However, the cybersecurity event, Cyber Intelligence Europe, managed to adapt and carry on despite the chaos. Here’s a detailed look at how they navigated the challenges posed by this unprecedented power outage. Source: https://ct.moreover.com Key Points […]
Summary Palantir Technologies is stirring up conversation following its recent Q1 earnings report. The company, renowned for leveraging AI in defence and cybersecurity, reported a sharp rise in shares—over 320% in the past year—partly due to lucrative U.S. defence contracts. However, following mixed earnings, including a 10% decline in its international commercial segment, shares began […]
Summary This article explores the dual-edged relationship between artificial intelligence (A.I.) and the implementation of Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols in financial institutions. As A.I. enhances compliance measures such as real-time monitoring and pattern recognition, cybercriminals are concurrently upgrading their tactics, posing new challenges for compliance teams. A notable example is […]
Sage has announced a significant extension of its collaboration with Amazon Web Services (AWS) aimed at developing AI solutions tailored for small and mid-sized businesses (SMBs) in the accounting and compliance sectors. By leveraging AWS technologies, Sage is set to enhance the efficiency and accuracy of financial management for SMBs, allowing quicker deployment of AI-powered […]
Silence Speaks, a British startup, is revolutionising communication for the deaf and hard of hearing by introducing AI-generated signing avatars that act as portable interpreters. These innovative avatars can translate text into British Sign Language (BSL), offering a solution to the significant shortage of live interpreters worldwide. The technology not only aims to bridge communication […]
Summary Telefonica SA is considering a major overhaul of its technology division in response to concerns regarding its performance and contribution. This review aims to enhance the services offered, including cybersecurity, cloud solutions, and artificial intelligence. Source: Bloomberg Key Points Telefonica executives are dissatisfied with the current performance of its technology unit. The company is […]
Nationally significant cyber attacks targeting the UK have surged dramatically over the last eight months, with key incidents impacting major retailers like Marks & Spencer and Harrods. Richard Horne, CEO of the National Cyber Security Centre (NCSC), highlighted this alarming trend at the CyberUK conference, revealing that there have been twice as many significant attacks […]
Sage, the tech provider focused on accounting and compliance for SMBs, is ramping up its collaboration with Amazon Web Services (AWS) to roll out innovative AI solutions suited to the needs of small and mid-sized businesses. By harnessing AWS’s advanced AI services, such as Amazon Bedrock and specialised AI chips, Sage aims to accelerate the […]
The CTIX FLASH Update for May 6, 2025, dives into the escalating threats in the realm of cybersecurity, especially targeting critical national infrastructure. The update covers key cases like the Disney data leak and a recent vulnerability in SonicWall systems. It’s essential reading for anyone concerned about the current state of cyber threats and the […]
The Constitutional Court of the Czech Republic has made a groundbreaking decision, allowing Prague’s city districts to regulate live gambling independently. This ruling empowers each district to impose their own restrictions or even ban gambling activities, addressing local conditions and concerns. Source: Yogonet International Key Points Prague can now independently regulate live gambling, impacting its […]
