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EU Considers Stress Test for All Banks Against Cyber Attacks

According to Reuters, the European Union is considering testing banks’ defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry’s vulnerability to hacking. The consideration for a stress test is speculated to have been prompted by the recent cyber attack on Lloyds, where Britain’s largest mortgage lender was hit by […]

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UK Government awards blockchain G-cloud contract to a startup

  The UK government has now awarded a contract for the supply of blockchain platform as a service (PaaS) to startup company – Credits. It is the first blockchain platform provider to serve the technology through the Government Digital Services’ Digital Marketplace and will enable the platform to be used by organisations across the UK […]

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How will IoT change the way we do business?

The Internet of Things might have been perceived as an abstract concept depicted in science-fiction novels and movies until a few years ago but the phenomenon is already here in the real world and it is set to change the way we do business. Understanding this change is essential for your future business success. Here […]

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15% of banks world wide will use blockchain by next year: IBM

On Wednesday, IBM released a report which surveyed 200 global banks, titled “Leading the Pack in Blockchain Banking: Trailblazers Set the Pace”, which states that 15% of banks worldwide are expected to implement blockchain by 2017. Fortune reports, ‘These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail […]

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The Rise of ‘Connected Cars’

Car makers Renault and Nissan have embarked upon the journey to create ‘connected cars’ and plan each to hire hundreds of software engineers for the purpose. An executive confirmed the plans to focus on making cars that have the capabilities of smartphones for so-called ‘connected cars’. These cars will have services such as access to […]

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