The global cost of cybercrime per minute to reach $11.4 million by 2021
Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals. It will also have a per-minute global cost of $11.4 million by 2021, …
Worldwide AI spending to reach more than $110 billion in 2024
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to IDC, spending on AI …
How can companies avoid the risks of unexpected expenses related to cloud migration?
As companies shift to remote work and move business operations online because of the spread of COVID-19, they are increasingly relying on cloud services. Unexpected expenses …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …
Save-to-transform as a catalyst for embracing digital disruption
Organizations that invest in key capabilities today to navigate a post COVID-19 business environment can position themselves to thrive in the “next normal”, …
Pandemic accelerates investments in tech, automation, workplace transformation
Umpqua Bank released a survey gauging the impact of the COVID-19 pandemic on the confidence and future of U.S.-based small and mid-size businesses. More than 1,200 leaders at …
75% of cardholders prefer contactless cards to other payment methods
Based on responses from 1,000 U.S. cardholders who are familiar with contactless credit/debit card or “tap and pay” technology, a new Entrust Datacard survey reveals that 75% …
Emerging risk trends: Top risks to identify and address
Senior executives reported concerns around renewed outbreaks of the COVID-19 pandemic as their top emerging risk in the second quarter of 2020, according to Gartner. Gartner …
Overconfident about their security, businesses are falling victims to bot attacks
Many businesses are at risk from bot attacks, despite an awareness of the problem and a widely held belief that they have the problem under control, Netacea reveals. Global …
Global data center networking market to reach $40.9 billion by 2025
The global data center networking market is projected to reach $40.9 billion by 2025 and projected to register 11.0% CAGR over the forecast period, from 2019 to 2025 according …
CCPA enforcement to put pressure on financial organizations’ IT resources
Enforcement of the California Consumer Privacy Act (CCPA), which begins on July 1, 2020, is going to put additional pressure on already overstretched IT resources and budgets, …
CIOs are apprehensive about interruptions due to expired machine identities
TLS certificates act as machine identities, safeguarding the flow of sensitive data to trusted machines. With the acceleration of digital transformation, the number of machine …
