Fat cat CEOs get paid more after cybersecurity breaches

It would appear that CEOs benefit from cybersecurity breaches and rather than being fired for allowing their companies to be hacked.

Daniele Bianchi, assistant professor of finance at Warwick Business School has found that far from being fired, CEOs of breached firms were found to be more likely to receive an increase in total and incentive pay several years after an incident.

Advanced creates partner workplace

Advanced has unveiled its new cloud-based platform – MyWorkplace – what it claims to be a unified cloud ecosystem which will help to create a marketplace for its partners.

The big idea is to deliver interoperability between its systems, which will include an open API platform for partners.

Softcat posts profit rise

IT infrastructure and services outfit Softcat posted a 41 percent rise in first half profits, as it won more customers, and forecast a full-year result ‘marginally ahead’ of previous expectations.

Capita is back in the black

Capita is starting to show signs of recovery, but its IT services division did not get the memo.

For the year ending 31 December, 2018 Capita reported sales of £3.9 million down 7.7 percent on the previous year.  Its operating income, however, improved from a £420  million loss to £34.9 million as it continues its radical restructuring.

Big firms need more cyber awareness

The UK’s biggest boards are still clueless when it comes to cyber issues according to a new study.

The Government’s Cyber Governance Health Check looks at the approach the UK’s FTSE 350 companies take for cybersecurity. The 2018 report published today shows that less than a fifth of boards has a comprehensive understanding of the impact of loss or disruption associated with cyber threats. That’s despite almost all (96 percent) having a cybersecurity strategy in place.

HP warns partners to stay out of battery recall

The maker of expensive printer ink HP has warned its customers not to talk to service partners in the recent battery product recall.

For those who came in late HP recalled more than 78,000 of its commercial notebooks and workstations due to their nasty habit of overheating and catching fire. The laptops at risk are from a range of devices, including various ProBook and ZBook models.

Barracuda sees growing MSP momentum

Barracuda said that it is seeing growing momentum in the MSP market.

Barracuda Networks CEO BJ Jenkins, said his outfit’s MSP portfolio approach, led by security, has been successful in the marketplace and is a key growth area for the company. Barracuda grew its international MSP partner base nearly 300 percent over the past two years, and most importantly, the number of MSPs using multiple Barracuda solutions increased 34 percent year-over-year, as of February 2019.

Top tech lawyer warns Brexit will create problems for tech industry

A top lawyer has warned that industry leaders should prepare for Brexit fall out whatever happens.

One of the tech industry’s most prominent lawyers Dorsey & Whitney partner Frances Doherty said there are three significant issues within the tech sector as it braces for the change– access to talent, access to money, and access to research funding, which will all become more difficult regardless of a vote for an extension or not.

Rubrik offers new subscription programme

Cloud Data Management outfit Rubrik has announced Rubrik Go, a new subscription purchasing programme.

Rubrik Go uses a SaaS approach and enables customers upgrade through a one simple and predictable subscription license. Rubrik Go customers access the latest data management technology through free evergreen refreshes, streamlined software editions, and the flexibility to migrate data to the public cloud at any time with no other costs.

Dell trolls rivals in advert campaign

Gray tin box shifter Michael Dell has been trolling the company rivals in a front page advertisement in the Wall Street Journal.

Michael Dell tweeted the ad, which displayed figures from analyst IDC, showing the vendor’s dominance in the external enterprise storage space against rivals NetApp, HPE and IBM.