News
Information technology (IT) in Russia
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March 07, 2022
07
Mar'22
Ukrainian engineers fight to keep internet online
IT professionals in Ukraine are working tirelessly and at great risk to keep the country connected to the internet during the Russian invasion
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March 04, 2022
04
Mar'22
Microsoft stops sales of products and services to Russia
Citing sanctions and cyber security concerns, Microsoft has become the latest company to withdraw from the Russian market
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March 03, 2022
03
Mar'22
Direct action is a risky business for Ukraine's volunteer hackers
Hackers have been responding to Ukraine’s call to create an IT army, but there are many reasons why taking direct action in a kinetic conflict is a bad idea
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March 01, 2022
01
Mar'22
ESET details new IsaacWiper malware used on Ukraine
Having been among the first to report on the HermeticWiper malware used against Ukraine last week, ESET has now identified another destructive malware called IsaacWiper
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March 01, 2022
01
Mar'22
Zopa Bank to sponsor 50 Ukrainian tech professionals with visa offer
IT companies are reaching out to IT professionals in the Ukraine with offers of support for those looking to work in the UK
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February 28, 2022
28
Feb'22
EU big tech laws put in context by Russian invasion of Ukraine
Pressure is mounting on EU institutions to cut back regulations they are preparing to impose on US big tech firms while forming laws to create a single digital market
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February 28, 2022
28
Feb'22
Ukraine cyber attacks seen spiking, but no destructive cyber war yet
While cyber attacks linked to Russia’s war on Ukraine are taking place, they are having little impact beyond the region
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February 25, 2022
25
Feb'22
Mass phishing attacks against Ukrainian citizens reported
The Ukrainian cyber authorities are alerting people located in the country to be alert to phishing attacks
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February 24, 2022
24
Feb'22
New wave of cyber attacks on Ukraine preceded Russian invasion
A wave of DDoS attacks, and a second data wiper attack, were seen hitting Ukraine in the hours leading up to the Russian invasion
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February 24, 2022
24
Feb'22
Russia behind dangerous Cyclops Blink malware
Joint NCSC CISA advisory attributes a dangerous malware, dubbed Cyclops Blink, to Russia’s Sandworm APT, likely a GRU unit, with WatchGuard users at particular risk
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February 23, 2022
23
Feb'22
No imminent cyber threat to UK from Russia
Intelligence officials say they have no evidence or indication that Russian cyber attackers are preparing offensive assaults on infrastructure or organisations in Britain
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February 21, 2022
21
Feb'22
UK joins US in pinning Ukraine DDoS attacks on Russia
A series of DDoS attacks on Ukrainian defence and banking organisations last week is now being firmly attributed to Russian action
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February 16, 2022
16
Feb'22
DDoS attacks hit Ukrainian defence ministry and banks
A further wave of cyber attacks has taken place against targets in Ukraine amid heightened tension in the region
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February 11, 2022
11
Feb'22
Why security professionals should pay attention to what Russia is doing
Even though the average organisation is an unlikely target for a Russian state cyber attack, here's why security teams still need to watch what Russian threat groups are up to
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February 07, 2022
07
Feb'22
Global IT companies ready to fight for Russian market
International IT firms have begun the process of complying with the latest regulations imposed on them by the Russian government
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January 27, 2022
27
Jan'22
CISOs must get out in front of Ukraine cyber crisis, says NCSC
The National Cyber Security Centre is urging UK organisations to take steps to bolster their cyber security resilience in response to the ongoing Ukraine crisis
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January 26, 2022
26
Jan'22
More intel emerges on WhisperGate malware that hit Ukraine
Security experts have been poring over the WhisperGate malware with which alleged Russia-backed entities targeted Ukrainian government websites
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January 25, 2022
25
Jan'22
Prepare, but don’t panic, over supposed Russian cyber threat
A fresh alert from the US Department of Homeland Security may have IT security teams jumpy over the possibility that their organisations could be targeted by Russian state actors
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January 21, 2022
21
Jan'22
Mandiant analysts: Russia-backed APTs likely to ramp up attacks
More cyber attacks like those perpetrated against targets in Ukraine are to be expected, and they may become more destructive
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January 12, 2022
12
Jan'22
Outsourced IT and business services hit record levels in 2021
Spending on IT and business process outsourcing services in Europe hits highest ever level in 2021, with cloud service spending continuing to grow rapidly
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December 07, 2021
07
Dec'21
AI assistant Bürokratt to reduce bureaucracy in Estonian government
Estonia to launch a Siri-like digital assistant that will automate the completion of government service requests
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December 06, 2021
06
Dec'21
European finance firms increase open banking spend
Financial services firms are increasing investment in open banking capabilities, with improvements to payment initiation and onboarding capabilities expected
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December 01, 2021
01
Dec'21
Unesco member states adopt AI ethics recommendation
The non-binding recommendation seeks to define a common set of values and principles to guide the development of ethical AI globally
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November 30, 2021
30
Nov'21
MI6 will ‘open up’ to tech firms to innovate faster than adversaries, says chief Richard Moore
MI6 will use investment fund to back tech companies to develop long-term technologies that will help it to keep pace with China and Russia
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November 09, 2021
09
Nov'21
Vienna’s tech startup ecosystem gathers momentum
After a sustained period of inactivity, Vienna’s startup environment is finally on the rise again
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November 01, 2021
01
Nov'21
Payments through open banking could end card dominance
Payments made through open banking will eat into those made using cards as the next five years sees an acceleration in adoption
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October 27, 2021
27
Oct'21
Russian IT market growing steadily after pandemic
Russia’s enterprise IT sector is recovering steadily after a slowdown caused by Covid-19
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October 22, 2021
22
Oct'21
MEPs vote to expand Europol data mandate
The European Parliament has voted in favour of expanding Europol’s mandate to process data and develop AI tools, but critics claim it contradicts a previous vote which opposed using new technologies to predict crime
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September 30, 2021
30
Sep'21
Digital bank fined by regulator due to weak anti-money laundering controls
German digital bank is fined by financial services regulator for failing in relation to its anti-money laundering practices
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August 13, 2021
13
Aug'21
GoStudent: Europe’s newest edtech unicorn
Europe’s biggest ed-tech unicorn reaches unicorn status and tests sector traditions
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August 11, 2021
11
Aug'21
Global fintech investments reach new heights
The global financial technology industry is emerging from the pandemic-triggered slowdown with record levels of investment to fuel further growth
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August 10, 2021
10
Aug'21
Dutch lead the way in protecting themselves against internet risks
Dutch citizens come top in a study on awareness of internet risks in Europe, which showed major differences across the continent
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July 14, 2021
14
Jul'21
More than half of European IT outsourcing spending will soon be on cloud services
Cloud services will soon be the largest part of the IT services market in Europe, as enterprises invest in them as part of their Covid-19 recovery strategies
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July 13, 2021
13
Jul'21
Russia tightens pressure on global IT companies
Russian authorities will force certain IT companies with customers in Russia to open local offices
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April 09, 2021
09
Apr'21
Global demand for IT and business services highest ever for first quarter
Global demand for IT and business services began the year strongly, with a record first quarter
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March 29, 2021
29
Mar'21
How far has open banking come in Europe?
Open banking is a relatively new concept, having come into effect in Europe only in the last couple of years. So what is the state of play?
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February 18, 2021
18
Feb'21
Fingerprints will help payment cards retain relevance
Biometric payment cards using fingerprint technology could add billions to global banking revenues, says UBS
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February 16, 2021
16
Feb'21
TransferGo to harness Google-inspired tech capability
Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services
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February 09, 2021
09
Feb'21
Russia’s Sber launches international AI contest for children
Children from across the world invited to take part in artificial intelligence competition launched by Russian bank-turned-tech business
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February 02, 2021
02
Feb'21
Nordic countries dominate European online banking take-up
Nordics dominate online banking take-up in Europe, but the UK is not far behind
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January 11, 2021
11
Jan'21
Jobs in fintech bounce back after brief lockdown lull
Fintechs and payments companies need to make staff recruitment a priority as talent pool shrinks
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November 13, 2020
13
Nov'20
IT Priorities 2020: European IT budget share reflects home-working challenges brought by Covid
European organisations are being forced to redivert more limited budgets during the pandemic
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November 03, 2020
03
Nov'20
Robot lawyer gets Sberbank role
Russia's largest state-owned bank creates a robot lawyer to reduce the time taken to process documents and make decisions based on them
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August 27, 2020
27
Aug'20
CTO interview: David Rafalovsky, Sberbank Group
Russia’s Sberbank is well into its digital transformation journey, with artificial intelligence and supercomputing now at the centre of its plans
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August 05, 2020
05
Aug'20
Netherlands investigates innovative privacy technology SSI
Dutch research organisation is looking into areas where self-sovereign identity technology could be used in society and business
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July 21, 2020
21
Jul'20
Russia Report reveals long-running cyber warfare campaign against UK
Russia has been hacking the UK for years and the British government has also known about it for years, according to the Intelligence and Security Committee’s report
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July 15, 2020
15
Jul'20
Huge declines in traditional outsourcing as Covid-19 puts a stop on deals
Traditional IT outsourcing deals value plummets in the last quarter as contracts dry up amid Covid-19 disruption
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May 20, 2020
20
May'20
Coronavirus: Pandemic spurs QR code app upgrade at PayPal
PayPal introduces QR code payment functionality to its mobile app to support social distancing
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May 05, 2020
05
May'20
Coronavirus: Total outsourcing spending collapses in March
IT spending plunged in March, drastically reducing increases that had been expected in the EMEA region
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April 09, 2020
09
Apr'20
How Bolt plans to be more uber than Uber
Overcoming competitors with brand names that have become part of the modern vernacular is a challenge Estonia-based Bolt has set itself as it takes on Uber