ICT sector stories - Page 16

Industry leaders warn New Zealand faces losing billions in GDP unless government acts to develop clear blockchain policy and regulatory frameworks.

US tech stocks soar, with the S&P 500 up 14.5% versus NZX's 3.2%, urging New Zealand investors to diversify internationally for better returns.

Practical DevSecOps has formed an Advisory Board with Erika Voss and Cecil Su to tackle the global shortage of up-to-date cybersecurity skills through strategic training.

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

Employment Hero surpasses AUD $300 million ARR and nears first profit, supporting 350,000 businesses with its integrated employment platform globally.

Pax8 launches Agent Store and Managed Intelligence Provider Playbook to help MSPs adopt AI and boost growth with tailored digital solutions.

RUSH has acquired Pixel Fusion, boosting its managed services and expanding into education, energy and GLAM sectors with stronger recurring revenue growth.

Peter Farkas has returned as CEO of Percona, bringing over a decade of experience in open source database technology to lead innovation and growth.

RegScale appoints Chad Woolf as Chief Product Officer to lead product strategy and scale its continuous controls monitoring platform for global growth.

Kordia has appointed Willo Chapman as Head of Sales for Cyber, Cloud and Connectivity to drive digital services growth and customer success in New Zealand.

KnowBe4 has won three major 2025 awards recognising its leadership in human risk management, sustainability, and corporate responsibility in cybersecurity.

Tanium has been honoured with multiple global awards recognising its outstanding workplace culture and innovation across Asia, Europe, and North America.

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.

Testlio, Bugcrowd and InnoWave launch Testlio Apex Partner Programme, uniting global experts to enhance software quality assurance in fintech and tech sectors.

Barracuda appoints Rohit Ghai as CEO, ushering a new era after Hatem Naguib's tenure marked by growth and innovation in cybersecurity.

AI demand could drive USD $500 billion in annual data centre spending by 2030, creating a USD $2 trillion cloud revenue opportunity despite funding shortfalls.

Greenbox Group has acquired EraseIT to bolster e-waste reduction and IT recycling, enhancing circular economy efforts across Australia and New Zealand.

Ransomware attacks held steady at 328 in August, with cyber gangs collaborating to boost impact, says NCC Group report highlighting persistent global risks.

Tenable launches Exposure Management Leadership Council to help CISOs bridge the cyber risk communication gap with business leaders across key sectors.

Cloud giants AWS and Microsoft now dominate the reshaped IoT platform market, as AI integration becomes key amid industry consolidation and slowed growth.