AI-related security fears drive 2024 IT spending
Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While …
Ransomware groups continue to increase their operational tempo
Q3 of 2023 continued an ongoing surge in ransomware activity, according to GuidePoint Security. GuidePoint Research and Intelligence Team (GRIT) observed a nearly 15% increase …
CISOs struggling to understand value of security controls data
Many CISOs are grappling with the conundrum of the purpose and value of security controls data in supporting critical business decisions, according to Panaseer. The biggest …
Security leaders have good reasons to fear AI-generated attacks
Generative AI is likely behind the increases in both the volume and sophistication of email attacks that organizations have experienced in the past few months, and it’s …
Consumers are taking action to protect their privacy
Younger consumers are taking deliberate action to protect their privacy, as 42% of consumers aged 18-24 exercise their Data Subject Access Rights, compared with just 6% for …
The primary pain points for SOC teams
Security professionals want to pursue high-impact work, but they’re being held back by growing workloads, shrinking budgets, and a worsening skills shortage, according to …
Today’s CIO has ambitions well beyond IT delivery
45% of CIOs are beginning to work with their CxO peers to bring IT and business area staff together to co-lead digital delivery on an enterprise-wide scale, according to …
Scaling rapidly? Your application security strategies need to keep up
Modern application security strategies must support and enable modern software development, even as it rapidly scales, according to Mend.io. Just 52% of companies can …
Only a fraction of risk leaders are prepared for GenAI threats
While 93% of companies recognize the risks associated with using generative AI inside the enterprise, only 9% say they’re prepared to manage the threat, according to …
Legacy authentication leads to growing consumer frustration
Despite widespread usage of passwords lingering on, consumers want to use stronger, more user-friendly alternatives, according to FIDO Alliance. Entering a password manually …
GenAI investments surge, anticipated to hit $143 billion by 2027
Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure …
The double-edged sword of heightened regulation for financial services
Financial services organizations are enticing targets for cybercriminals due to their significant wealth holdings, presenting abundant opportunities for monetary gain through …
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