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Logicalis 2025 CIO Report: CIOs say security systems not delivering value for money and too complex to manage

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Tech leaders report security solutions not delivering value for money with tools going unusedOver half of CIOs say their security patch systems are too complex to manage effectively and believe they have overinvested

LONDON, April 28, 2025 /PRNewswire/ — Logicalis, the leading global technology service provider, reveals that CIOs are struggling to derive value from security investments amid an expanding threat landscape. According to its annual CIO Report, which surveyed 1,000 global IT leaders, more than half say their security patch systems have become too complex to manage effectively.

Despite unprecedented spending on security solutions, 88% experienced cybersecurity incidents in the last 12 months, with 43% enduring multiple breaches. As a result, nearly all CIOs are bracing for significant cybersecurity breaches in the year ahead.

The report found that nearly all CIOs believe their security coverage requires improvements. Half report their organisations have overinvested in security solutions they don’t need, and an equal number acknowledge they’re not getting good value because they don’t utilise all available features of their security tools. 

Half of tech leaders say they lack access to security solutions that fully fit their business needs and only 58% are confident in their ability to pinpoint potential security gaps. With clear anticipation of threats on the horizon, there is a concerning gap between IT leaders’ security awareness and their capacity to effectively protect their organisations.

As the threat landscape continues to evolve, emerging technologies are creating new vulnerabilities. AI-driven attacks now occur as frequently as phishing, placing AI firmly among the top three cybersecurity threats. Additionally, one in four CIOs are concerned about the rise of deepfakes over the next year.

On this year’s report, Bob Bailkoski, Global CEO of Logicalis Group, said:  “Tech leaders are operating in an environment where cybersecurity threats are steadily intensifying. After more than a decade of security spending on point solutions, the research findings show this patch approach isn’t delivering value for money and is actually the source of more problems. While it’s essential that security remains a budget priority, security needs to be a strategic investment, not a knee-jerk purchase. CIOs will be wise to evaluate and untangle their security ecosystem and consider moving to a unified solution that offers broader and deeper threat protection.”

Additional findings on security

Malware and ransomware (42%), data breaches (37%), AI-driven attacks (34%) and phishing (33%) are among the top concerns for CIOs when it comes to cybersecurity risk78% note that the frequency of cybersecurity breaches has either remained consistent or increased.76% acknowledging the growth threat of credential leaks41% of CIOs don’t believe their current security investments fully meet their organisation’s needsAlmost all (96%) say at least some improvements are needed in their organisation’s security coverage, 45% require significant improvements

To see the full report head to: https://www.logicalis.com/cio-report

About the research

At the end of 2024, Logicalis commissioned independent market research specialist Vanson Bourne to do a survey. Vanson Bourne interviewed 1,000 Business and IT professionals across EMEA, APAC, US and South America. Only respondents with over 250 employees with involvement in digital transformation and cloud computing within their organisations were interviewed. The 2025 report marks the 11th consecutive year Logicalis has undertaken this study.

About Logicalis

We are Architects of Change™. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter.

Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees.

As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; reliability, user experience, security, economic performance and sustainability.

Our 7000+ ‘Architects of Change’ are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors, create sustainable outcomes through technology.

Logicalis has annualised revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $5.1 billion.

 

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IGCS International Announces Strategic Equity Investment by Lacks Enterprises

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DALLAS, April 22, 2026 /PRNewswire/ — IGCS International, a CVE-certified SDVOSB and leading provider of mission support and MRO supplies to the U.S. Department of Defense and federal agencies, today announced that Lacks Enterprises has acquired an equity stake in the company.

The strategic investment combines IGCS’s expertise in government supply chain, logistics, and MRO solutions with Lacks Enterprises’ advanced manufacturing capabilities, including electroplating, injection molding, composites, and testing for aerospace and defense.

“IGCS has built a strong track record supporting the Department of Defense… Partnering with Lacks Enterprises allows us to integrate cutting-edge manufacturing innovation into our offerings,” said Russ Spears, President of IGCS International.

Media Contact: Russ Spears, 214-733-7278, russ@igcsintl.com

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SOURCE IGCS International

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Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026

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GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it will release financial results for the first quarter of 2026 after market close on Wednesday, May 13, 2026.

Management will host a conference call to discuss financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on May 13, 2026. Those interested in listening to the conference call may do so by dialing (877) 407-8216 for domestic callers or (412) 902-1015 for international callers and providing access code 13759613. A live and archived webcast of the event will be available in the “Investor Relations” section of the Shoulder Innovations website at https://ir.shoulderinnovations.com/.

About Shoulder Innovations
Shoulder Innovations is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations’ ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Shoulder Innovations’ ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.

Contact
Brian Johnston or Sam Bentzinger 
Gilmartin Group LLC 
ir@shoulderinnovations.com

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SOURCE Shoulder Innovations

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Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

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MADISON, Wis., April 22, 2026 /PRNewswire/ — Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2026, ended March 31, 2026, during a conference call hosted by company management at 1:30 p.m. PT/4:30 p.m. ET on May 6, 2026.

The conference call dial-in numbers are 1-833-316-0563 (USA) or 1-412-317-5747 (international). In addition, a dial-up replay of the conference call will be available approximately one hour after the call’s conclusion for one week. The replay number is 1-855-669-9658 (USA) or 1-412-317-0088 (international), conference ID: 4178502.

A live webcast of the call will also be available from the Investor Relations section of the company’s website at investors.accuray.com. A webcast replay can be accessed on the website and will remain available until Accuray announces its results for the fourth quarter of fiscal 2026.

About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

Investor and Media Contact
Steve Monroe
VP, Financial Planning & Analysis, Accuray
Investor.relations@accuray.com

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SOURCE Accuray Incorporated

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