CFOtech UK - Technology news for CFOs & financial decision-makers

About Shannon

Shannon Williams mugshot photo
Shannon Williams
News Editor
Shannon is an experienced journalist and editor with a strong interest in technology and the digital world. Her career spans a wide range of sectors, including tech, politics, tourism, transport and climate change, where she brings a sharp editorial eye and an ability to translate complex issues into clear, engaging stories.

Stories by Shannon - Page 50

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Forrester warns AI costs to surge from USD $2.3bn to USD $13.8bn

Thu, 26th Jun 2025
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digital transformation
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genai
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ai
Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.
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Zayo report reveals soaring fibre demand driven by AI & cloud

Thu, 26th Jun 2025
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digital transformation
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hyperscale
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iot
Zayo's Bandwidth Report reveals fibre demand soaring due to AI and cloud, with fibre miles set to rise by nearly 200 million by 2030 to prevent shortages.
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UK SMEs face rise in cyber attacks with average cost GBP £7,960

Thu, 26th Jun 2025
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ransomware
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phishing
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email security
Nearly 42% of UK SMEs face cyber attacks yearly, costing an average of GBP £7,960, amid widespread lack of staff cyber security training, says BT research.
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UK firms face rising ransomware costs but recover faster

Thu, 26th Jun 2025
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firewalls
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data protection
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ransomware
UK firms face rising ransomware recovery costs at USD $2.58m but recover faster, with 59% fully restoring systems within a week, says Sophos report.
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Growing gap revealed between AI innovation & enterprise security

Thu, 26th Jun 2025
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devops
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supply chain
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apm
A new report reveals a widening gap between AI innovation and enterprise security, with 36% of firms struggling to keep up with generative AI risks.
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Gigamon launches AI tools to boost hybrid cloud security

Thu, 26th Jun 2025
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firewalls
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devops
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hybrid cloud
Gigamon unveils AI tools to enhance hybrid cloud security with real-time monitoring of AI traffic and a GenAI assistant for simplified network management.
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Norway adopts FAPI 2.0 to secure national healthcare data

Thu, 26th Jun 2025
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data protection
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fintech
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breach prevention
Norway mandates FAPI 2.0 security protocol across its national healthcare network to enhance protection of patient data with banking-level safeguards.
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Quantum Dice, Astute Group partner to boost hardware security

Thu, 26th Jun 2025
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encryption
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quantum computing
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supply chain
Quantum Dice partners with Astute Group to distribute advanced quantum random number generator chips, enhancing hardware security in defence and infrastructure sectors worldwide.
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Device Authority launches KeyScaler 2025 with AI automation

Thu, 26th Jun 2025
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iot security
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edge computing
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iot
Device Authority unveils KeyScaler 2025, enhancing IoT security with AI automation, new UI and secure edge access for safer device management.
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Cybit sells Cybit Cyber to Viatel as both firms focus on growth

Tue, 24th Jun 2025
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hybrid cloud
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digital transformation
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partner programmes
Cybit sells its enterprise security division Cybit Cyber to Viatel, enabling both firms to focus on distinct growth and market strategies in technology services.
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TSD & Perplex Digital win top honours at Umbraco Awards 2025

Tue, 24th Jun 2025
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digital transformation
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cx
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martech
Herefordshire's TSD and Perplex Digital have won top awards at the Umbraco Awards 2024 for their innovative eCommerce platforms and AI integrations.
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FIRST launches CORE Fund to boost global cyber response skills

Tue, 24th Jun 2025
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firewalls
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ransomware
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breach prevention
FIRST, with Fortinet's support, launches CORE Fund to boost cybersecurity incident response in under-resourced regions globally, starting in Africa and the Caribbean.
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UK unveils 10-year plan for digital skills & data-driven growth

Tue, 24th Jun 2025
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data privacy
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ai
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cybersecurity
The government unveils its Industrial Strategy focusing on digital skills, AI, data management, and sustainability to boost growth.
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UK's injects GBP £500 million into quantum computing

Tue, 24th Jun 2025
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quantum computing
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investment
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government funding
The UK's new Industrial Strategy pledges GBP £6.6bn to the British Business Bank and GBP £500m for quantum computing to boost tech innovation and growth.
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Estate agents to recover compliance costs via Credas payment tool

Fri, 20th Jun 2025
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payment technologies
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apple pay
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aml
Credas launches a payment tool enabling estate agents to charge clients directly for ID and anti-money laundering checks, easing rising compliance costs.
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Maplin's AI-powered ad strategy fuels 17% profit surge online

Fri, 20th Jun 2025
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digital transformation
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martech
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ai
Maplin's AI-driven ad strategy has powered a 17% profit rise and 14.2% revenue growth, outpacing UK online retail averages significantly in the past year.
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Bitloops raises EUR €1 million to speed up frontend code delivery

Fri, 20th Jun 2025
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llms
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ai
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software development
Bitloops has raised EUR €1 million to accelerate its AI platform that transforms Figma designs into production-ready frontend code, boosting developer productivity.
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Targa Telematics & Volvo link vehicle data for fleet efficiency

Fri, 20th Jun 2025
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iot
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fleet management
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data privacy
Targa Telematics partners with Volvo Cars to integrate real-time vehicle data across Europe, enhancing fleet management without aftermarket installations.
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AvePoint boosts Elements Platform with security & efficiency tools

Fri, 20th Jun 2025
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ai security
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cybersecurity
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avepoint
AvePoint enhances its Elements Platform with new tools to boost security and streamline licence and storage management for managed service providers.
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Chain IQ breach exposes UBS, Pictet & others to cyber risks

Thu, 19th Jun 2025
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supply chain
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breach prevention
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risk & compliance
A cyberattack on Chain IQ has exposed sensitive data of UBS, Pictet and Implenia employees, spotlighting risks in third-party cybersecurity across sectors.