In fact, IBM finds that over 70 percent of IT workloads worldwide are handled by mainframes — and business leaders are steadily increasing their reliance on mainframes in parallel with cloud-based technologies.The Asia-Pacific mainframe market exemplifies this growth, with GII Research anticipating an increase from $1,249,345.09 in 2022 to $1,781,007.53 by 2030, with a compound annual growth rate of 4.6 percent.
Over 70 percent of IT workloads worldwide are handled by mainframes — and business leaders are steadily increasing their reliance on mainframes in parallel with cloud-based technologies. iStock photo via TechSabadoWhen it comes to security, companies have traditionally considered mainframes to be safer and far less vulnerable to cyberattacks.
Your Mainframe Security Blind Spot?
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Japan Airlines Systems Restored After CyberattackJapan Airlines (JAL) experienced a cyberattack on Thursday that caused delays to domestic and international flights. The airline confirmed that its systems have been restored and the incident did not leak any customer information. Although the attack did not cause major disruption, several flights were delayed due to baggage check-in system issues. JAL shares initially fell following the news but recovered later in the day.
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Australia's Budget Forecast to Widening Deficit Amid Spending Surge and China's SlowdownAustralia's budget is projected to worsen in the coming years, driven by increased government spending and a slowdown in China's economy, according to a mid-year fiscal update. Although the deficit is expected to contract slightly in the current fiscal year, it is predicted to swell to A$46.9 billion in 2025-26, posing a challenge for Treasurer Jim Chalmers ahead of the national election.
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