Nearly 60 percent of 350 C-level executives surveyed believe they can "truthfully assure the board beyond a reasonable doubt" that their organization is secure, a surprising show of confidence in an environment where many reports reveal a high incidence of network breaches in up to 97 percent of all companies.

HighJump Software Inc., a vendor of supply-chain management applications, has acquired Nexternal, a cloud-based electronic commerce platform provider.

Many vital infrastructure projects struggle to progress beyond the concept stage because project preparation is such a costly, complex and risky undertaking. The difficulty is particularly acute in Africa, where projects encounter frequent challenges related to capabilities, the regulatory environment, project governance and financial resources.