Top 5 crypto cyberthreat statistics of the last year
Firstly, cryptocurrency companies are fairly new to the market but deal with a lot of sensitive information, including the client’s funds. Secondly, crypto payments are irreversible and uncontrolled by central authorities, so it is easier for criminals to run away with stolen funds. Lastly, many newcomers are not very knowledgeable about how cryptocurrencies work, making […]
Security Information & Event Management (SIEM) spend to exceed $6.4bn by 2027
A new study from Juniper Research has found that the total business spend on SIEM (Security Identity & Event Management) will exceed $6.4 billion globally by 2027, from just over $4.4 billion in 2022. It predicts that this growth of 45% will be driven by the transition from term licence (where businesses can use SIEM […]
Only 8% of global tech workers have significant cloud-related skills
75% of tech leaders say they’re building all new products and features in the cloud moving forward, but only 8% of technologists have significant cloud-related skills and experience. Additionally, 64% say that they are new to cloud learning and are looking to build basic cloud fluency. That’s according to Pluralsight’s 2022 State of Cloud Report, which […]
75% of UK businesses see C-suite as key security advocates
Rackspace Technology research has highlighted the impact the past five years of global cyber threats have had on the relationship between an organisation’s security team and its C-suite. The second annual cybersecurity research report found that more than half of UK business leaders (56%) now include cybersecurity attacks as one of their three main business […]
49% of UK organisations experience high-business-impact outages at least weekly
With cloud adoption, cloud-native application architectures, and cybersecurity threats on the rise, the biggest driver for observability in the UK was an increased focus on security, governance, risk and compliance. That’s according to New Relic’s second annual study on the state of observability, which surveyed 1,600+ practitioners and IT decision-makers across 14 regions. Nearly three-quarters of respondents said […]
Geopolitical risk ‘will provide CIOs with new leadership opportunities’
Technology governance issues emanating from cross-country politics have led to digital geopolitics rapidly becoming an issue that multinational CIOs must step up to lead, according to Gartner. Forty-one percent of Boards of Directors view geopolitical power shifts and turbulence as one of the biggest risks to performance, according to a Gartner survey. Gartner predicts that […]
COVID IT: 27,887 cyber attacks took place throughout the pandemic
COVID-19 had a big impact on the number of susceptibilities being exposed by cyber actors, to the tune of nearly 28,000 attacks across the duration of the pandemic. Cyphere has analysed the statistics, comparing the figures to pre-pandemic years to highlight the effect COVID has had on cybersecurity. A rise in digital transformation as a […]
Global IT spending to grow 3% in 2022, says Gartner
Worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 3% from 2021, according to the latest forecast by Gartner. While IT spending is expected to grow in 2022, it will be at a much slower pace than 2021 due to spending cutbacks on PCs, tablets and printers by consumers, causing […]
Data security to drive IT security market to new highs
The global cyber security market is estimated to record a CAGR of 10.5% between 2022 and 2032, driven by surging awareness among internet users about the sensitivity of their private data and impending legal actions prompting businesses to secure their online data by following the best practices. That’s according to a report from Future Market […]
UK university students at risk from email scams, says report
Research has found that none of the UK’s top 10 universities actively block fraudulent emails from reaching recipients. Proofpoint has released data identifying that 97% of the top universities in the United Kingdom, the United States and Australia are lagging on basic cybersecurity measures, subjecting students, staff and stakeholders to higher risk of email-based impersonation attacks. […]