Author: Admin

Global enterprises use mainframes to run mission-critical applications, especially core workloads and huge data processing tasks. Analysts reveal that up to 70% of Fortune 500 companies use mainframes, including 44 of 50 top banks and top 10 global insurers. These enterprises are now transitioning from mainframes to next-generation technologies for unlocking business value. Digitalization has brought about optimization in business processes. Large batch workloads are now replaced with increased real-time processing and enhanced workflows resulting…

The United States has indicted the founder of open-source cryptocurrency BitConnect for allegedly orchestrating a multi-billion-dollar global Ponzi scheme. An indictment, returned by a federal grand jury in San Diego on Friday, charges Satish Kumbhani, 36, of Hemal, India, with conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodity price manipulation, operation of an unlicensed money transmitting business and conspiracy to commit international money laundering.  Court documents allege that Kumbhani and his co-conspirators misled investors about…

The website for the Moscow Stock Exchange was offline and inaccessible on Monday. A crowdsourced community of hackers endorsed by Kyiv officials has claimed responsibility for the outage. The Ukraine IT Army posted a message on Telegram that it had taken just five minutes to render the site inaccessible. A spokesperson for global internet connectivity tracking company NetBlocks told Forbes: “We can confirm the Moscow Exchange website is down, but we don’t have visibility into the incident’s root cause…

The enormous benefits and concurrent challenges involved in the rollout of emerging technologies were discussed during the opening keynote on day one of the Mobile World Congress 2022 in Barcelona, Spain. Introducing the session, Mats Granryd, director general of GSMA, said that it is very possible to imagine the future technology possibilities of tomorrow right now. He pointed out that many sci-fi films in the past have been surprisingly accurate in their predictions of future life. “I…

By Matthew Hausmann In the CIO.com article, Take Your Analytics into Hyperdrive in 2021, I predicted the four big data analytics trends of the year and what enterprises must do to stay competitive in a modern, hybrid world that spans from the edge to the cloud. I explained how Apache Spark would continue to dominate the big data world, as analytic users like data scientists and data engineers want to tap into existing data stores…

During a session at 2022’s MWC Barcelona on the theme of 5G Connectivity, titled Welcome to Simplicity: One Place for Many a Metaverse, experts examined the fifth-generation technology’s role in delivering the metaverse. The session began with Anand Mahindra, chairman of Tech Mahindra, unveiling a virtual city to demonstrate the “what” and “how” of Web 3.0 platforms powered through next-gen networks, digital engineering and experiences. Cognizant of its intense promulgation in recent months, the “big…

Hackers have taken over Russian TV channels and media sites to broadcast messages opposing Russia’s invasion of its western neighbor, Ukraine. Russian President Vladimir Putin launched a large-scale attack on Ukraine on 24 February. Ukraine’s health ministry said on Sunday that at least 352 civilians, including 14 children, have been killed in the assault, and a further 1684 people have been wounded. While many countries have imposed sanctions upon Russia in the wake of the attack, hackers are hitting the country…

Seems like the internet follows us wherever we go nowadays, whether it tags along via a smartphone, laptop, tablet, a wearable, or some combination of them all. Yet there’s something else that follows us around as well—our PII, a growing body of “personally identifiable information” that we create while banking, shopping, and simply browsing the internet. And no doubt about it, our PII is terrifically valuable.  What makes it so valuable? It’s no exaggeration to…