Westpac CEO orders mission to cut wasteful tech spend
Consultants to face tougher competition from internal leaders.
Russian money launderers bought a bank to disguise ransomware profit
A billion-dollar money laundering network active in the UK funnelled money, including the profits of ransomware attacks, into its own bank to circumvent sanctions on Russia and help fund its attacks on Ukraine
UK targets ‘bulletproof’ services that hosted ransomware gangs
The UK's NCA and partners have cracked down on 'bulletproof' services that hosted cyber criminal infrastructure.
Nvidia prepares for exponential growth in AI inference
The company, famous for its datacentre AI acceleration, is focused on delivering better performance per watt to fuel the AI boom
Swedish welfare authorities suspend ‘discriminatory’ AI model
A machine learning model used by Sweden’s social security agency to flag benefit fraud has been discontinued following investigations by media outlets and the country’s data protection watchdog
UK government outlines next wave of AI investment plans
The UK government continues to build on the release of its AI Opportunities Action Plan, with the announcement of another AI Growth Zone plus investment opportunities for the nation's startup community
Fujitsu milks £110m from HMRC in six months with hardly a public stir
IT giant Fujitsu pockets £110m from deals with HMRC in six months since the end of March this year
Finland uses tax reform to attract foreign tech investment
Finland is attempting to attract more foreign technology investment through lower corporate tax
NSW DPHI’s latest digital transformation driven by housing reforms
Upgrades core technology and looks to AI for efficiency gains.
Australia, US and UK sanction Russian cyber firms over ransomware links
Accused of hitting hospitals, schools and businesses.