Category Archives: Trends

Machine identity related cyberattacks grew by 433% between 2018 and 2019

The machine identity attack surface is exploding, with a rapid increase in all types of machine identity-related security events in 2018 and 2019, according to Venafi. For example, the number of reported machine identity-related cyberattacks grew by over 400% during this two-year period. “We have seen machine use skyrocket in organizations over the last five years, but many businesses still focus their security controls primarily on human identity management,” said Kevin Bocek, VP of security … More

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Operator‑billed 5G connections revenue to reach $357 billion by 2025

Operator‑billed revenue from 5G connections will reach $357 billion by 2025, rising from $5 billion in 2020, its first full year of commercial service, according to Juniper Research. By 2025, 5G revenue is anticipated to represent 44% of global operator‑billed revenue owing to rapid migration of 4G mobile subscribers to 5G networks and new business use cases enabled by 5G technology. However, the study identified 5G networks roll-outs as highly resilient to the COVID-19 pandemic. … More

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Cybercrime capitalizing on the convergence of COVID-19 and 2020 election

The cybersecurity challenges of the global pandemic are now colliding with the 2020 U.S. presidential election resulting in a surge of cybercrime, VMware research reveals. Attacks growing increasingly sophisticated and destructive As eCrime groups grow more powerful, these attacks have grown increasingly sophisticated and destructive – respondents reported that 82 percent of attacks now involve instances of counter incident response (IR), and 55 percent involve island hopping, where an attacker infiltrates an organization’s network to … More

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How tech trends and risks shape organizations’ data protection strategy

Trustwave released a report which depicts how technology trends, compromise risks and regulations are shaping how organizations’ data is stored and protected. Data protection strategy The report is based on a recent survey of 966 full-time IT professionals who are cybersecurity decision makers or security influencers within their organizations. Over 75% of respondents work in organizations with over 500 employees in key geographic regions including the U.S., U.K., Australia and Singapore. “Data drives the global … More

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Biometric device revenues to drop 22%, expected to rebound in 2021

In the aftermath of the COVID-19 pandemic, global biometric device revenues are expected to drop 22%, ($1.8 billion) to $6.6 billion, according to a report from ABI Research. The entire biometrics market, however, will regain momentum in 2021 and is expected to reach approximately $40 billion in total revenues by 2025. Global biometric device revenues in 2020 “The current decline in the biometrics market landscape stems from multifaceted challenges from a governmental, commercial, and technological … More

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Most cybersecurity pros believe automation will make their jobs easier

Despite 88% of cybersecurity professionals believing automation will make their jobs easier, younger staffers are more concerned that the technology will replace their roles than their veteran counterparts, according to a research by Exabeam. Overall, satisfaction levels continued a 3-year positive trend, with 96% of respondents indicating they are happy with role and responsibilities and 87% reportedly pleased with salary and earnings. Additionally, there was improvement in gender diversity with female respondents increasing from 9% … More

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Is the skills gap preventing you from executing your enterprise strategy?

As many business leaders look to close the skills gap and cultivate a sustainable workforce amid COVID-19, an IBM Institute for Business Value (IBV) study reveals less than 4 in 10 human resources (HR) executives surveyed report they have the skills needed to achieve their enterprise strategy. COVID-19 exacerbated the skills gap in the enterprise Pre-pandemic research in 2018 found as many as 120 million workers surveyed in the world’s 12 largest economies may need … More

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Threat intelligence platform market to reach $234.9 million by 2022

The growing volume and complexities of cyber threats present a compelling case for adopting threat intelligence platforms (TIPs), a Frost & Sullivan analysis finds. These solutions help organizations navigate the ever-increasing threat landscape and allow for further analysis and threat intelligence operationalization. The TIP market least affected by the pandemic The yhreat intelligence platform market is one of the cybersecurity markets that will be least affected by COVID-19. It is estimated to reach $234.9 million … More

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How will blockchain impact the global economy?

An analysis by PwC shows blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion over the next decade. That is the key finding of a report assessing how the technology is being currently used and exploring the impact blockchain could have on the global economy. Through analysis of the top five uses of blockchain, ranked by their potential to generate economic value, the report gauges the technology’s potential to … More

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