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Financial services companies plan to boost their AI investments

robot artificial intelligence money

A new study from Lucidworks shows that businesses across the board are planning to increase their investment in AI over the next year, with financial services companies among those leading the charge.

The survey of over 6,000 employees involved in AI technology decision-making finds 94 percent of financial services firms planning to boost generative AI investments within the year. However, the survey found differences depending on location. 100 percent of Chinese financial services employees and 97 percent of UK respondents surveyed say they plan to increase investment, compared to only 91 percent of US companies.

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Education, not a watchdog, should power AI regulation

Enterprise AI

Earlier this year, several prominent tech leaders came together to sign a letter advocating for pausing development of advanced AI models, citing their potentially "profound risk to society and humanity”. This was swiftly followed by British Prime Minister Rishi Sunak proposing the creation of a new UK-based watchdog dedicated to the AI sector.

Although the move garnered mixed responses, an essential aspect seems to have been overlooked amid this debate -- a legislation-led institutional may not be the most effective or comprehensive approach to regulating AI.

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DDoS attackers shift their targets

DDoS attack

The latest global threat analysis report from Radware shows that DDoS attacks are being reshaped in terms of tactics, vector, size, complexity, and hacktivism.

The number of malicious web application transactions skyrocketed by 500 percent compared to the first half of 2022, while the total number of DDoS events decreased by 33 percent. This points to a change in DDoS attack patterns as attacks shift from the network layer to the application layer.

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You need to adopt AI if you haven't already

New technologies will always receive encouragement and criticism from all sides, and artificial intelligence (AI) is no different. People have various opinions, but it’s here to stay and will continue to change how business is conducted.

Not too long ago, it was difficult for people to imagine how the internet and websites could impact their lives. Some dismissed it as a trend and saw little merit in its business applications. Now, companies need to amplify their online presence.

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LibreOffice 7.6 adds support for Document themes, adds navigation panel to Impress

LibreOffice

Six months after its last major point release, LibreOffice 7.6 Community Edition makes its bow on Windows, macOS and Linux. The Document Foundation’s open-source, cross-platform office suite offers three major highlights with this new release: document themes, a navigation panel in Impress and the ability to highlight used styles.

The headline new feature is support for document themes, which allows users to apply consistent coloring across documents. A new Theme dialog -- accessible via the Format menu -- makes it easy for Writer users to quickly switch themes (eight are provided by default, but users can click Add to define their own).

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Get 'Microsoft Word For Dummies' (worth $18) for FREE

Word-for-Dummies

If you create professional-looking documents on a regular basis, you require a mighty word processor that offers all the power and capabilities to create them. Enter Microsoft Word! Pair it with Word For Dummies to hone all your word-processing skills.

The book is filled with useful tips and suggestions that allow you to get the most out of Word, as well as helpful information on the latest features. It also shows you how to customize and configure Word for your optimal workflow.

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Google is ramping up Gmail security by requiring verification for filters, forwarding and IMAP

Gmail critical security alert

Google is introducing what it is referring to as "stronger protection for additional sensitive actions taken in Gmail".

It's a security measure that builds on safeguards added to Google Workspace accounts last year. It means you will start to see "Verify it's you" warnings when you try to do certain things with your Gmail account, requiring user verification before particular settings can be changed.

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tiny10 23H2 x64 is a huge update for those seeking a minimal Windows installation

tiny10 23H2 x64

We've talked about the incredible tiny11 previously, the amazing utility for anyone looking for a super-lightweight version of Windows 11. From the same developer there is also tiny10, and this Windows 10 edition of the software has just received a significant update.

tiny10 23H2 x64 is, as the name suggests, a 64-bit, debloated version of Windows 10. The latest update is described as "a pretty major departure from previous versions", fixing swathes of problems and improving compatibility considerably.

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Microsoft brings some of Windows 11 to Windows 10 users with the KB5029331 update

Windows 10 logo on a beach

Windows 10 may be starting to get a little long in the tooth, but Microsoft -- like many, many users -- is not quite ready to abandon it yet.

And with the release of the KB5029331 update, the company is treating those who have chosen to stick with Windows 10 to one of the newest tools from Windows 11. We're talking, of course, about the new Windows Backup app -- and you can grab it right now.

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HyperX Cloud III Wireless Gaming Headset now available for PC, PlayStation, and Nintendo Switch

IMG_3133

Today, HyperX (the gaming peripherals division of HP) launches the much-anticipated Cloud III Wireless Gaming Headset. The Cloud III Wireless claims to offer a battery life of up to 120 hours, a notable feature for those looking for prolonged use. The headset also boasts the DTS㈢ Headphone:X㈢2 via NGENUITY software, providing 3D audio capabilities.

Developed as a successor to the well-received Cloud headsets, the Cloud III Wireless incorporates some new features and sports a redesigned look. A primary focus for HyperX has been the sound quality, with 53mm angled drivers, intended to provide precision in audio delivery. The inclusion of DTS㈢ Headphone:X㈢ Spatial Audio technology aims to provide a more immersive audio experience, though its effectiveness will be best judged by user reviews.

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Samsung G95NC 57-inch Odyssey Neo G9 is first dual UHD gaming monitor

IMG_3129

Samsung is once again setting the standard in gaming display technology with the 57-inch Odyssey Neo G9. Premiered at Gamescom 2023, this monitor will be available here in October for $2,499.99, ushering in a new era for gaming experiences.

The Odyssey Neo G9 57” (G95NC), boasts the world’s first Dual Ultra-High-Definition (DUHD) screen. This innovation was deserving of the Best of Innovation Award at CES 2023. The monitor's wide curvature effectively mirrors two 32” UHD monitors, encapsulating gamers in an unprecedented immersive experience.

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66 percent of businesses don't understand their cyber risks

risk jigsaw piece

Businesses are struggling to understand their cyber risks, with 66 percent of respondents to a new survey indicating that they have limited visibility and insight into their cyber risk profiles.

The survey, conducted by Censuswide for Critical Start, shows 67 percent of organizations have experienced a breach requiring attention within the last two years despite having traditional threat-based security measures in place.

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Identity management is top challenge for CISOs

identity individual crowd

Identity access management (IAM) is a key priority for enterprise security leaders according to the latest CISO Survival Guide, released today by Cisco along with Forgepoint, NightDragon, and Team8.

According to the guide 85 percent of IT decision-makers prioritize IAM investments more highly than other security solutions, while 23 percent of respondents report that user and device identity management is a top priority.

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What IT pros want from container security solutions

Checklist

What capabilities do IT professionals need for container networking and security? That's what a new study from Tigera has set out to discover.

A survey of more than 1,200 users of the Calico Open Source container security platform finds the capabilities driving their adoption of Calico are, scalable networking (35 percent), security policies (35 percent), interoperability across different environments (33 percent) and encryption capabilities (30 percent).

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Does the UK really have the potential to be an AI superpower?

UK artificial intelligence

Earlier this year, Prime Minister, Rishi Sunak, announced his desire to cement the UK as an AI superpower. And it has been all hands on deck since then with an AI summit set to take place in November, government funds being channeled into research, and ongoing discussions around regulation. The UK is certainly determined to secure a podium position in the AI race.

It isn't difficult to understand why such high importance is being placed on AI at a governmental level. Predicted to increase UK GDP by up to 10.3 percent by 2030 -- the equivalent of an additional £232 billion -- embracing AI could hugely benefit the economy, whilst also boosting productivity and efficiency for businesses of all sizes and sectors. In the current economic climate, when all budgets are squeezed and workforces are stretched, AI has the potential to be hugely transformative. As Plamen Minev, Technical Director, AI and Cloud at Quantum, explains:

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