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Businesses warned of footing bills of up to $5m per data breach

Businesses across the globe have been told that the average cost of a data breach could reach US$5 million in 2023, potentially leaving millions of SMEs out of pocket if the worst happens. The warning has come as threats from phishing and malicious emails increased by 60% in the second half of 2022 alone, according to the latest data by cyber firm Acronis. Researchers at...

January 17

Intercontinental Peace subsea system comes online days before 2023

PEACE Cable International Network Co., Ltd has announced that the under-construction section of PEACE Cable System has completed system-wide acceptance testing, and is now ready to go live for commercial use. PEACE Cable System, which spans Asia, Africa and Europe, has landed in Pakistan, Egypt, France, Kenya and other countries since its announcement in October 2018. In...

December 27

Equinix ventures into South Africa with $160m data centre investment

Digital infrastructure REIT Equinix, Inc. (Nasdaq: EQIX) will enter the South African market with a US$160 million data centre investment in Johannesburg due to be brought online by mid-2024. With its South Africa expansion, Equinix is entering one of the largest and most digitally developed nations on the African continent home to several other operators including DigitalB...

December 13

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