INDUSTRY TRENDS – CYBERCRIME AND DATA BREACHES
• A single data breach on a company cost an average of $ 9.44mn in the US in 2022
• Cybercrime is a trillion-dollar business and is projected to cost the world $ 10.5tn by 2025
• Over 75 % of cyberattacks begin with an email
• Since 2016 , $ 43bn has been stolen through business email compromise
Lenovo announces 2050 net-zero sustainability ambitions
Lenovo has announced that it will be working towards net-zero greenhouse gas emissions by 2050 , aligning with the Science Based Targets initiative ( SBTi ).
This makes it the first PC and smartphone maker – and one of only 139 companies in the world – with a net-zero target validated by SBTi .
Lenovo commits to reach net-zero GHG emissions across the value chain by FY2049 / 2050 , and to reduce absolute scope 1 and scope 2 GHG emissions 50 % by FY2029 / 2030 from a FY2018 / 2019 base year .
“ Success in achieving net-zero depends on a transparent , science-based , and collaborative framework that will keep organisations accountable for the long run . SBTi has created that framework and will empower companies to expedite emissions reduction ,” commented Carolina Milanesi , Founder of The Heart of Tech , an ESGfocused consultancy . technologymagazine . com 19