Leaving the legacy behind: Meet the tech company that could put a stop to the banks’ IT failures April 23, 2019 IT meltdowns are becoming dangerously common among the big banks. According to Which, at least one British bank suffered an IT failure every day during the last nine months of 2018. TSB’s outage last year, which left 1.9m customers locked out of their accounts and cost the bank £330m, demonstrates how catastrophic these IT issues can [...]
We are at the big data frontier – we’re going to need some rules April 23, 2019 We create data all the time, even if we don’t realise it. Whether from social media use, video-watching habits, satellite images, traffic flows, or location data from smart devices, companies are increasingly able to use this information to extrapolate trends and capitalise on behaviour patterns. This has driven change across many industries, but it’s of [...]
Humans aren’t just a mess of words and numbers – so why are our passwords? April 23, 2019 Protecting your identity used to be straightforward. You had your computer on your desk in front of you. Content was restricted to you alone, and all you needed was a key card and a one-time password. Then 30 years ago, the World Wide Web was born, and everything became a lot more complex. Since then, the [...]
Samsung Galaxy Fold: Tech giant delays launch date after review issues for foldable phone April 23, 2019 Samsung is reportedly recovering all review samples of its latest smartphone, the Galaxy Fold, after complaints of faulty screens led it to postpone the device’s launch. The foldable phone’s offficial release was due on 26 April in the US but some journalists who received the device to review said it showed evidence of breaks, broken [...]
Cyber attacks mount but readiness levels wane April 23, 2019 Global corporate defences against cyber attacks have shown no improvement despite the losses from such incidents soaring, according to new findings from insurance giant Hiscox. Read more: Cybersecurity firm Avast reports boosted revenue growth More than three out of five firms across seven countries reported one or more attacks in the past 12 months, but [...]
Millions use 123456 as a password, UK spy study finds April 21, 2019 It’s 2019, but millions of Brits are still using simple passwords that could easily be hacked. A survey carried out by the National Cyber Security Centre (NCSC) revealed more than 22m people across the UK used 123456 as a password, making it the most common password used for breached accounts. Read more: Government urges businesses [...]
Amazon to close its online store in China after failing to gain a foothold April 18, 2019 Amazon is set to close its online in store in China after failing to gain a real foothold in the country where JD.com and Alibaba reign supreme. The e-commerce giant will shut its operations in China down from 18 July, it announced today. Read more: Unilever shares rise on first quarter sales growth Rivals JD.com [...]
Pinterest files for $12.7bn IPO: What it needs to do next April 18, 2019 Image curation site Pinterest will list in the US when the New York Stock Exchange opens later today at $19 per share. The unicorn’s share price, which had more than 250m active users and 2bn searches last year, is above the target range and a valuation that the website received in 2017. Read more: Get [...]
Facebook admits uploading email contacts of 1.5m new users in latest privacy blunder April 18, 2019 Facebook has admitted it “unintentionally” uploaded the email address contacts of 1.5m new users since 2016 in the latest privacy misstep for the social media giant. The data scraping happened during the verification process for new accounts, when users were asked to supply their email address password and Facebook kept a copy of their address [...]
Laybuy is the payment platform from New Zealand shaking up the way we budget and shop April 18, 2019 Here in the UK, there are really only two ways for consumers to pay for a purchase. Whether buying in a store or online, people will either pay upfront, using cash or a debit card, or they’ll use a credit card, which they can settle at a later date. There are drawbacks to both methods. [...]