Worldwide IT Security Spending to Approach $300 Billion by 2026, Says IDC
According to IDC, worldwide spending on security solutions and services is predicted to increase by 12.1% in 2023 compared to the previous year, reaching $219 billion. By 2026, it is estimated that investments in hardware, software, and services related to cybersecurity will almost reach $300 billion due to the ongoing threat of cyberattacks, the need to provide a secure hybrid work environment, and the requirement to comply with data privacy and governance regulations.
Chinese Cyber Operations Pose Greatest Threat to U.S. National Security, Intelligence Warns
The annual publication of the worldwide threats to national security by the United States Intelligence Community has recognized Chinese cyber operations as one of the foremost threats to American national security.
Top U.S. Official Calls Out Industry on Cybersecurity
Jen Easterly, the head of the Cybersecurity and Infrastructure Security Agency, spoke at Carnegie Mellon University in Pittsburgh on Monday and called on the tech industry to take cybersecurity more seriously. Easterly urged the industry to prevent vulnerabilities from accumulating before products are shipped to the public. She criticized the practice of releasing products with "dozens, hundreds or thousands of defects" and called for an end to it.
GoDaddy Discloses Another Cybersecurity Incident Linked to Multi-Year Campaign
Web hosting giant GoDaddy has revealed that it has fallen victim to yet another cybersecurity incident, this time linked to a larger and more sophisticated campaign.
California Healthcare Provider Regal Medical Group Suffers from Ransomware Attack
The Personally Identifiable Information (PII) and Protected Health Information (PHI) of over 3.3 million individuals were stolen in a ransomware attack that took place at the California healthcare provider Regal Medical Group. The attack occurred on December 1, 2022, but was discovered a week later and impacted the Regal Medical Group and its affiliates.
New Analysis Reveals Number and Severity of Known Data Breaches in 2022 is Nearly Double What’s Been Reported
BOSTON--(BUSINESS WIRE)--Last month, the Identity Theft Resource Center (ITRC) reported that the overall number of publicly reported data breaches in 2022 remained at a steady high (1,802 incidents), coming up just shy of the record-high of 1,862 incidents reported in 2021. Further analysis of the ITRC data by Sontiq, a TransUnion company, reveals the number of entities compromised by those 2022 breaches reached 3,495* — nearly twice the number of publicly reported breaches.
Ion Servers Knocked Out in Ransomware Attack: Understanding the Impacts and Preventive Measures
The recent ransomware attack on Ion servers has caused significant disruptions and raised concerns about the vulnerability of critical infrastructure in the digital world. The attack highlights the need for organizations to adopt proactive measures to secure their networks and protect against cyber threats as the gang that attacked ION Trading UK's systems last week says that the firm has paid a ransom.
A Guide to Securing Your SaaS Stack with Adaptive Shield
As businesses increasingly rely on software as a service (SaaS) to streamline their operations, it is crucial to secure these cloud-based platforms to prevent data breaches and protect sensitive information. In this article, we will explore how to secure your SaaS stack using Adaptive Shield, a cutting-edge security solution that offers comprehensive protection for your SaaS environment.
