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Security

The Tech Capital Dominus Capital subsidiary closes second M&A in a month

New York-based Dominus Capital, L.P. subsidiary Uptime Institute has completed its acquisition of LEET Security, S.L. Terms of the transaction were not disclosed. All organizations and their ICT service partners are under increasing pressure to secure their digital infrastructure in response to the complex and ever-evolving cyber-risk threat landscape. The LEET Cyber ...

February 21

The Tech Capital 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

The Tech Capital Public cloud revenues to cross half-Trillion Dollar mark for the first time

Global public cloud revenues are set to grow to US$525.6 billion in 2023, passing the half-trillion Dollar mark for the first time. The figure represents a CAGR of 26% on 2022, with infrastructure-as-a-Service (IaaS) appearing as the fastest-growing segment as revenues are forecasted to jump by 35% YoY, according to Trading Platforms. Public cloud revenues nearly doubled...

January 17

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