IBM to acquire Red Hat in deal valued at $34 billion
IBM announced plans to acquire Red Hat in a deal valued at about $34 billion. Prior to the acquisition, Red Hat's market capitalization stood at approximately $20.5 billion. The acquisition…
Cisco pays cool $2.3 billion for hot security company Duo
Cisco today laid out $2.35 billion in cash and stock for network- identity, authentication and security company Duo. According to Cisco, Duo helps protect organizations against cyber breaches through the company’s…
World Cup a haven for cyber criminals, Israeli cyber security firm warns
The 2018 FIFA World Cup isn’t just a haven for soccer fans – according to Israeli cyber security firm CyberInt, it’s a haven for cyber criminals too. According to CyberInt, what…
BMO, CIBC victims of cyber breach, attackers demand $1 million from each in cryptocurrency
Canadian banks rarely acknowledge they’ve been involved in a cyber security incident. On Monday two of the country’s biggest retail banks reportedly suffered a data breach and are notifying customers.…
How enterprise IT investment is being driven by C-level strategy
In the evolving global networked economy, every type of company essentially becomes a technology-oriented firm - in one form or another. That's fueling the strategic investment in IT infrastructure and…
The 17 biggest data breaches of the 21st century
Data breaches happen daily, in too many places at once to keep count. But what constitutes a huge breach versus a small one? CSO compiled a list of 17 of…
3CX are well-known global unified communications vendor
The idea encompassed by the creators of 3CX was not only to replace the proprietary phone systems that businesses no longer considered to be effective or efficient, but to deliver…
Management, investors and award-winning products remain as company re-organizes to support growth
GFI Software today announced a corporate restructure as it evolves to support rapid growth across its portfolio. LogicNow, which includes GFI MAX, IASO cloud back-up and other cloud-based products, will focus on…