UK SMBs racked up billions in sales on Amazon last year
When the pandemic forced people inside, it also sent them online for all kinds of purposes, including shopping. A new report from Amazon shows that UK small and medium-sized businesses earned more than $4.8 billion in export sales last year, representing a 20 percent spike compared to the year before. As reported by City AM, more than 14,000 UK SMBs …
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Switching to sustainable IT equipment could save businesses billions
By opting for remanufactured laptops instead of brand new ones, UK businesses could save billions of dollars, while also cutting their carbon footprint drastically. This is according to the sustainable IT experts at Circular Computing, whose latest report claims organizations could stand to save $10.72 billion over the next nine years. By embracing sustainable IT, UK firms would also emit …
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SMEs are wasting billions on admin every year
Small and medium businesses (SMB) in the UK are spending huge amounts of time and money on administrative tasks, but many don’t see the need to streamline the process with software. This is according to a new report from HR software provider Breathe. Polling 375 senior decision-makers in the UK, the company found an average company spends an hour a …
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5G will add billions to UK economy over the next decade
5G technology will contribute an additional £43 billion to UK GDP by 2030, according to analysis from consultancy firm PwC. The technology will allow for productivity and efficiency gains across various sectors, such as health and social care, finance, manufacturing, utilities and more. The next generation mobile network is expected to be more widespread in devices and applications by 2025 …
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British Airways will pay billions in compensation over infamous data breach
British Airways (BA) has acknowledged it was responsible for two major 2018 data breaches and is looking to settle. According to an InfoSecurity report, BA is aiming to avoid litigation and is willing to pay out as much as $4 billion to settle the case. A total of 565,000 customers had their personal data exposed by the breaches, including their …
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Boothole vulnerability puts billions of Windows and Linux devices at risk
Researchers have identified a security vulnerability that affects almost all devices running on Windows or Linux operating systems, of which there are billions worldwide. According to researchers from security firm Eclypsium, if exploited, the vulnerability could give the attacker full control over the target device, hence its assigned severity score of 8.2/10. The flaw has been named “BootHole” and is …
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