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Zurich identifies seven cyber risks that threaten systemic shock


Thursday, April 24, 2014
News Making Money

IDC expects continued growth for thin clients across all form factors

27/06/2013 12:48 (300 Day 14:23 minutes ago)

The FINANCIAL -- Worldwide thin client and terminal client device shipments totaled 1.2 million units in the first quarter of 2013 (1Q13), a decrease of 8.4% from the same quarter a year ago and 14.2% lower than IDC forecast for the quarter, according to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Client Device Tracker.

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IDC expects the market to recover over the remainder of the year with 5.6 million units forecast to be shipped in 2013, representing 7% year-over-year growth for the year. By 2017, these devices are expected to reach 9.2 million units shipped worldwide, according to IDC.

 

"With increasing adoption of cloud and virtualization, growth is expected in all form factors, including mobile and with liquid crystal display (LCD), although standalone will still dominate," said Jennifer Song, Research Analyst, Worldwide Trackers. "The United States will continue to capture the majority of the market and is expected to grow, but the strongest growth will be in China. These two major markets will lead the shift towards virtualization in the commercial segment," she added.


"The worldwide enterprise client device market is highly concentrated, with the top five firms capturing more than 74% of the total market," said Rajani Singh, Research Analyst, Personal Computing at IDC.

 

 

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Politics
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (10:33 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.

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Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (4 Day 13:31 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

INSURANCE
Zurich identifies seven cyber risks that threaten systemic shock

23/04/2014 17:00 (10:11 minutes ago)

The FINANCIAL -- The recently published Zurich Cyber Risk Report, created in collaboration with the international think tank Atlantic Council, argues that cyber-risk management professionals need to look beyond their internal information technology safeguards to interconnected risks which can build up relating to counterparties, outsourced suppliers, supply chains, disruptive technologies, upstream infrastructure and external shocks, according to Zurich Insurance Company.

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