Articles

Cost of cyber attacks increases by 10.4% in 2014

Ponemon Institute, an organization that conducts independent research on privacy, data protection and information security policy, released a report entitled “2014 Global Report on the Cost of Cyber Crime” sponsored by HP Enterprise Security. The data put forth in the report is based on 257 representative sample organizations operating in various industries and sectors of seven countries, namely, the United States, the United Kingdom, Germany, Australia, Japan, France, and for the first time, the Russian Federation.

Empired to acquire Intergen Ltd for $A17.4M

Australian listed IT services company Empired has acquired IT services provider Intergen for $A17.4 million due to be paid over a three year period with $A5m paid on completion through a combination of cash and shares. 

Family Court continues paperless push

The Family Court of Australia has taken its next step towards an electronic court file, adding a new capacity for e-lodgement from November 1. 

IBM announces first commercial application of Watson in Africa

Metropolitan Health, the largest medical schemes administrator in South Africa, has announced the first commercial application in Africa of IBM's Watson, the computing platform made famous by competing and winning against human contestants on the game show Jeopardy. 

Increasing invoice volume challenges Accounts Payable departments: IFO

Accounts payable operations are seeing their invoice volumes increase, signalling improvements in revenue, but they’re not celebrating just yet. That’s because they’re bogged down in manual, paper-based processes instead of taking full advantage of automation. Those are among the findings of the 2014 AP Automation Study by The Institute of Financial Operations, which surveys accounts payable professionals internationally every year about the use of the latest forms of technology. 

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