Security software revenue to hit $45.5B in 2021
The digital transformation accelerated by the pandemic and the growing number of data breaches and cyberattacks has forced online users, companies, and organizations to increase their spending on security software solutions. According to data presented by StockApps.com, global security software revenues are expected to hit $45.5bn in 2021, a 20% increase in two years. For the purposes of the study, […]
Hold tight for 2021: A volatile global outlook will continue to fuel fraud and cyber-threats
By Ian Newns, Fraud Specialist at RSA Security 2020 was full of surprises. But one thing that didn’t come as a revelation was the speed and agility with which the criminal community reacted to unfolding global events. We’ve often witnessed groups behind phishing attacks, for example, capitalise on breaking news stories and consumer behavioural change to […]
53% of manufacturers say operational tech is vulnerable to cyber attack
Manufacturing industry security teams are seeing the information technology (IT) and operational technology (OT) environments converging at a rapid pace, but are struggling to safeguard OT assets as they are using the same tools to safeguard their IT infrastructure. As a result, IT teams can’t keep up with growing volumes of security data or the […]
The state of the security team: Are executives the problem?
By LogRhythm A global survey of security professionals and executives by LogRhythm Amid a slew of statistics on how job stress is impacting security professionals, we sought to learn the causes of the tension and anxiety — as well understand potential ways teams might alleviate and remediate the potential of job burnout. We ran a […]
STUDY: Covid-19 technologies must be regulated to stop ‘big brother’ society
Technologies, such as track and trace apps, used to halt the spread of covid-19 have to be thoroughly examined and regulated before they are rolled out for wider adoption, to ensure they do not normalise a big-brother-like society post-covid-19. That’s according to research conducted by Jeremy Aroles, Assistant Professor in Organisation Studies at Durham University […]
‘Massive’ rise in DDoS and password attacks during pandemic
New analysis from F5 Labs has discovered a massive rise in DDoS and password login attacks during the pandemic. In January, the number of all reported SIRT incidents was half the average reported in previous years. However, as lockdowns were put in place from March onwards, there was a sharp rise in incidents. The attacks can be […]
Average cost of data breach in healthcare industry hits $7.13 million
The healthcare industry tops the list of the most expensive data breaches, with a $7.13 million average data breach cost, 84% more than the global average. That’s according to data presented by AksjeBloggen.com, which says that with millions of people working from home and using videoconferencing and cloud applications, the COVID-19 pandemic has only increased […]
Ecommerce explosion ‘opens cyber attack floodgates’
According to the Global Information Security Survey by Ernst and Young, customer information is the most valuable type of data for most attackers. The threat to cybersecurity and privacy is increasing: about 6 in 10 organizations (59%) have faced a significant incident in the past 12 months, and 48% of executive boards believe that cyber attacks and […]
Government and Financial Services best equipped to defeat cyber attacks
Government and Financial Service sectors globally are the most hardened against cyberattacks in 2020. That’s according to the third edition of the Synack Trust Report, a data-driven analysis of cybersecurity preparedness across all sectors and industries, found that government and Financial Services scored 15 percent and 11 percent higher, respectively, than all other industries in […]
50% of UK universities have reported data breaches in last 12 months
More than half of UK universities reported a data breach to the ICO in the last year, while 46% of all university staff received no security training and almost a quarter of institutions (24%) did not commission a penetration test from a third party. That’s according to research conducted by Redscan on the state of cyber security […]
