Europe (European) stories - Page 65

Colt Data Centre Services has cut global greenhouse gas emissions by 40% since 2019, keeping on track for its 1.5°C 2030 targets.

LockBit ransomware group sees a 665% surge, recording 176 attacks in May 2024, leading a spike in global ransomware activity, reports NCC Group.

Vertiv and Ballard Power Systems have entered a partnership to develop hydrogen fuel cell solutions for data centre backup power.

Cloudflare's latest report warns that EU firms are dangerously unprepared for increasing cyber threats; only 29% feel equipped to defend against attacks.

Integrity360 launches a managed service using Fortinet's portfolio in Ireland, aiming to simplify cybersecurity for SMEs and enterprises across Europe.

SentinelOne bagged the MVP Vendor award for APAC and the Global Partner's Choice award at the 2024 Beyond Awards, celebrating their impactful partnership with Pax8.

Report reveals 68% of European tech startups are leveraging AI, with investments in emerging technologies like ML and 5G shaping the future landscape.

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

HotelHub's Q1 2024 Index reveals a 19% drop in international business travel and an 8% rise in hotel costs globally.

Ignition Technology and Cranium partner to navigate EU AI Act compliance, combining cybersecurity and AI expertise to aid European enterprises in ethical AI deployment.

STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.

Arrow Electronics and Broadcom are partnering to distribute VMware solutions across 20 European countries, including new regions like the Czech Republic and Iceland.

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.

A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.

Edenred Payment Solutions has named Rehana Mitha, an expert in cloud-based payment solutions as it snew Managing Director.

Applexus Technologies has acquired UK-based Absoft Limited, aiming to transform the SAP landscape by combining strengths.