Friday Tech Round Up – Episode 80

Louise Fenn 13th August 2021

Welcome back to another Friday Tech Round Up recap!

What is the Friday Tech Round Up you ask?

Each week, we say lights, camera, action and report on the top five pieces of tech news from across the globe. Covering everything from AI taking over the planet and changes in regulation, to tech giants going green and robots tackling climate change.

Take a look at the most recent episode of the Friday Tech Round Up by clicking the image below:

Friday Tech Round Up

No headphones? We’ve got you…

 

Which Cloud companies made the Forbes list?

Forbes has ranked what they call the best, brightest and most valuable companies in the private Cloud sector.

These companies were selected for growth, sales, valuation and culture plus a reputation score and include names such as Canva, HashiCorp and GitLab.

Make sure to check out the full list.

 

Microsoft is protesting after Amazon won a $10 billion NSA cloud contract

After spending years battling over the Defence Department’s $10 billion JEDI cloud services contract, Microsoft and Amazon are now fighting over another government deal.

Microsoft is challenging the decision, saying NSA didn’t conduct a proper evaluation. If the agency had, Microsoft says it would have been picked over AWS.

 

AI is helping to fight crime!

A third of finance firms have accelerated their use of AI to detect money laundering.

In the UK, the National Crime Agency (NCA) estimates that money laundering costs the country’s economy £24bn each year.

In response, a third of finance firms are reportedly accelerating the use of AI and ML in their Anti Money Laundering (AML) strategies to fight the growing problem.

 

Interest in Computing on the rise

The number of students taking A-level computing rose in 2021 to nearly 14,000, compared with 12,428 the previous year.

But the subject is still more popular with boys than with girls – with nearly five times the number of boys taking the subject than girls.

Julia Adamson, the director of education at BCS, hopes this gradual increase in girls taking computing may signal an increase in diverse workforces in the future.

Could this be a sign that the investment into making a career in tech more attractive is actually starting to work? Potentially closing that skills shortage gap?

 

Cybercrime payment figures released

Ransomware demands and payments have hit new records, with the average ransom paid by victim organisations increasing by 82% since 2020 to a record $570,000, according to Unit 42 security consulting group.

Unit 42 also noted the increasing prevalence of double extortion tactics, whereby ransomware gangs steal and threaten to leak data in addition to encrypting it as a shaming tactic.

 

ECS Shoutouts:

Make sure to check out our latest blog, discussing what AI actually is, how we use it every day and how it’s being used to actually save lives. Also, keep your eyes peeled for part two, where we’ll discuss the future of AI and potential drawbacks.

Also, we’re recruiting for our next ECS Academy. This is a fully paid, 3-month intense training course that helps fast track individuals into a career in tech – make sure to check it out!

That’s all the Friday Tech Round Up news we have this week, make sure to come back next week for even more!

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