Cryptocurrency crime losses more than double to $4.5 billion in 2019
Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. …
The current landscape for supporting innovation in cybersecurity in the EU
Innovation in cybersecurity is a key enabler to facilitate progress in the NIS industry, boost employment in the cybersecurity sector and growth of EU GDP. ENISA published a …
How industries are evolving their DevOps and security practices
There’s significant variation in DevOps maturation and security integration across the financial services, government, retail, telecom, and technology industries, …
Benefits of blockchain pilot programs for risk management planning
Through 2022, 80% of supply chain blockchain initiatives will remain at a proof-of-concept (POC) or pilot stage, according to Gartner. One of the main reasons for this …
More authentication and identity tech needed with fraud expected to increase
The proliferation of real-time payments platforms, including person-to-person (P2P) transfers and mobile payment platforms across Asia Pacific, has increased fraud losses for …
Revenue from cloud IT infrastructure products declines
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, declined …
Worldwide IT spending to total $3.9 trillion in 2020
Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to the latest forecast by Gartner. Global IT spending is expected …
Global security services industry to experience spend growth of more than $80 billion
The global security services industry is poised to experience spend growth of more than $80 billion between 2019-2024 at a CAGR of over 8% during the forecast period, …
Budgetary, policy, workforce issues influencing DOD and intelligence community IT priorities
Information Technology spending by Department of Defense (DOD) and Intelligence Community (IC) agencies will continue to grow as they work to keep pace with the evolution of …
Hacking and malware cause 75% of all data breaches in the financial services industry
Only 6% of all breaches in 2019 were suffered by financial services firms, according to Bitglass. However, these breaches compromised significantly more records than those …
What decentralized IT spending means for the CIO role
67% of IT leaders say at least half of their spend is now controlled by individual business units, in a report from IDG Connect and Snow Software. While most believe this is …
Key security priorities for financial services: Preventing fraud and data leaks
The banking and financial services sector is struggling with a skills shortage along with the sheer volume of threats and alerts as it continues its ongoing battle against …
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