According to Cybersecurity Ventures predictions on global cyberspace economicsthe cost of this type of crime will rise alarmingly fast at nearly Rs6 trillion each year by 2021there s an astounding increase from its recorded value at Rs3 trillion back in 2015the escalating numbers attest to its rapid expansion globally.

Nike s strong results make clear that our strategy is working, said John Donahoe, president and CEO, Nike. FY23 was a milestone year for Nike as our unique advantages continue to drive competitive separation.

Leading industry body ASSOCHAM on Friday felicitated Mahanadi Coalfields Limited (MCL) with an award for Excellence in Coal Mining Outstanding contribution to the Coal Mining Industry.

According to a NASSCOM report on the economic impact of cloud, released in 2022, cloud computing could account for 8 per cent of India s GDP and create 14 million jobs by 2026. However, Sklar highlighted that 88 per cent of AWS customers in India found it challenging to hire the right digital worker with relevant skills.

She is a member of the Executive Council of NASSCOM and was its Chairperson from 2021 to 2022 She is also a member of the National Council of CII , USIBC s India Advisory Council , and a board member of Invest India.

Larsen & Toubro (L&T) s technology arm L&T Technology Services (LTTS) that provides engineering and R&D (ER&D) services globally, has partnered with cybersecurity firm Palo Alto Networks to offer security services and solutions in 5G and Operations Technology (OT) to offer enterprises across verticals.

While speaking at the Assocham event, he said that the government is taking adequate policy measures and setting up infrastructure facilities to ensure that it becomes the top investment destination in India.

Indian technology industry s trade body National Association of Software and Services Companies (Nasscom) has entered into a memorandum of understanding (MoU) with MIDAS (Manchester s Inward Investment Agency) and MAG (Manchester Airports Group).

Launched in collaboration with Nasscom and Startup India, 12 out of 145 applicants have been shortlisted in the eighth edition of this program. The finalists will get a grant of up to 3.2 lakh, along with mentorship and access to Qualcomm Innovation Labs.

While other countries react to mould themselves to accommodate new technologies, India is proactively steering certain business industries towards Generative AI For instance, NASSCOM recently released guidelines for Generative AI, helping prepare the sectors.

BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive sector. U.S.listed shares of the company rose 5.79% in extended trading.

One of the most prevalent problems with the shared responsibility paradigm is misunderstanding cloud security. Some clients have too optimistic or negative opinions about cloud security.