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Financial services lead when it comes to fixing open source flaws

The financial services industry has the best flaw fix rate across six industries and leads a majority of industries in uncovering flaws within open source components, Veracode …

IoT security
Global number of industrial IoT connections to reach 36.8 billion by 2025

The global number of industrial IoT connections will increase from 17.7 billion in 2020 to 36.8 billion in 2025, representing an overall growth rate of 107%, Juniper Research …

digital transformation
Direct digital transformation investment to approach $6.8 trillion by 2023

Despite a global pandemic, direct digital transformation (DX) investment is still growing at a compound annual growth rate (CAGR) of 15.5% from 2020 to 2023 and is expected to …

BEC scams
BEC attacks increase in most industries, invoice and payment fraud rise by 155%

BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. “As the industry’s only measure of BEC …

5G
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 …

cloud money
Global spending on cloud services to surpass $1 trillion in 2024

The COVID-19 pandemic has largely proven to be an accelerator of cloud adoption and extension and will continue to drive a faster conversion to cloud-centric IT. Global …

bank
Banks risk losing customers with anti-fraud practices

Many banks across the U.S. and Canada are failing to meet their customers’ online identity fraud and digital banking needs, according to a survey from FICO. Despite COVID-19 …

building blocks
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 …

ATM
ATM cash-out: A rising threat requiring urgent attention

The PCI Security Standards Council (PCI SSC) and the ATM Industry Association (ATMIA) issued a joint bulletin to highlight an increasing threat that requires urgent awareness …

handshake
Cyber teams are getting more involved in M&A

Despite ongoing economic uncertainty amidst a global pandemic, many dealmakers remain optimistic about the outlook for the year ahead as they increasingly pursue alternative …

cloud
Public cloud IT infrastructure spending exceeds that for non-cloud IT infrastructure

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased …

money
Financial risk and regulatory compliance pros struggling with collaboration

After several months of working from home, with no clear end in sight, financial risk and regulatory compliance professionals are struggling when it comes to collaborating …

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