Friday Tech Round Up – Episode 106

Marketing 25th February 2022

If you’re curious to know what’s been happening in the tech space this past week, then look no further… our Friday Tech Round Up is your weekly dose of the latest and greatest tech news!

In episode 106, we explore which sector suffers the most cyber-attacks, a German and Indian energy collaboration project and FinTechs calling for a regulation overhaul – just to name a few.

If you’d prefer to watch a four-minute rundown of the news, head over to our YouTube channel and watch episode 106 of the Friday Tech Round Up  or click on the picture below.

Friday Tech Round Up

Which sector suffers the most cyber-attacks?

The Energy sector is reportedly the ‘most attacked’ in the UK, with 24% of all attacks being aimed at the energy sector. Sectors like manufacturing and finance sit at 19%.

Energy and manufacturing make tempting targets for cybercriminals because of their complex supply chains and management structures and, in some cases, critical role in the economy.

 

Big Tech sets its sights on FinTech success

Wired describes how Big Tech want in on the success of digital banks like Revolut and Monzo.

Big Tech’s first advantage will be the move towards a cashless society. Because tech is driving and enabling these advances, it will be the tech companies, rather than the banks, that are likely to be best placed to benefit, as the direct role of financial organisations is reduced.

 

Offshore wind project for India

German energy giant RWE and India’s Tata Power announced a collaboration that will focus on developing offshore wind projects in India.

While India has a well-developed onshore wind sector, there are no operational offshore wind farms in its waters at present.

As reliance on coal is phased down, this collaboration could help India meet the future energy requirements of its population, which is expected to double in the next twenty years.

 

FinTechs come together to improve innovation

The UK’s leading fintech bosses are calling on the government to ramp up efforts to overhaul regulation.

Bosses at over 70 of the biggest fintech firms including Monzo and Starling, have signed a letter which praises the progress made so far, but calls on the fintech industry “not to rest on our laurels” and to “build on current momentum” to overhaul regulation and create an environment where firms can grow.

 

Advances in tech aid wildlife

The Guardian has released an article discussing the five ways AI is saving wildlife.

From stopping poachers by monitoring illegal boat crossings and alerting ranger teams immediately, to finding whales through an ML system that can identify humpback song using a dataset, artificial intelligence could be the sidekick conservationists have been looking for. This article is an interesting read, so make sure you check it out.

 

ECS shoutouts

We are delighted to have five incredibly talented women join us for a panel discussion on Tuesday 8th March at 12noon, discussing making change happen in the 21st century business landscape.

We will be diving into topics like how we can begin to close the 7% gap in leadership roles and the importance of allyships in achieving change.

Make sure to join via this YouTube link.

And that’s it!

Make sure to come back next week for even more tech news.

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