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On average, one successful BEC attack can cost the company $130,000. We reported the number of BEC attacks in 2018 increased by 28 percent globally.

The US-based cloud software technology firm Infor has announced the India Business Unit (IBU) as a new separate region comprising India, Nepal, Bangladesh and Pakistan.

Smart mobility startup Bounce has raised $72 million as a part of its series C round. B Capital Group, a global technology fund and Falcon Edge Capital, a New York-based hedge fund led the investment, said the company.

Holitech Technology has launched its first component manufacturing plant in India. The plant in Greater Noida will get an investment of nearly $200 million and generate 6000 jobs over three years.

Intel has appointed Sandra Rivera as the Chief People Officer and executive vice president. In this role, she will lead the human resources organisation and will be reporting to CEO Bob Swan.

Automated test and measurement solution provider National Instruments (NI) has released the latest version of SystemLink software.

Extending Citrix Workspace beyond Citrix Virtual Apps and Desktops for companies using Google Cloud will enable them to modernize their apps.

Databricks and Informatic have partnered to introduced product integrations that can provide efficient data ingestion, simplified creation of high-volume data pipelines, and integrated data governance for data discovery.

Globality has entered into an agreement with HSBC in which HSBC is adopting its AI-based platform for sourcing and procurement of services.

Cloud-based VR content provider AmazeVR has raised $7 million in funding from Mirae Asset Group and several strategic investors including LG Technology Ventures, Timewise Investment and Smilegate Investment.