Security appliance shipments increased 9.2 per cent year over year. According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, vendor revenue in the overall security appliance market grew 9.7 per cent year over year in the fourth quarter of 2021 (4Q21) totalling more than $US5.8 billion and representing…
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Research shows that there is a significant shortage of skilled cybersecurity professionals. End-user spending on security and risk management in India is forecast to total $US2.6 billion in 2022, an increase of 9.4 per cent from 2021, according to Gartner, Inc. Gartner analysts are discussing how security leaders in India…
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Security Leaders Must Evolve Strategies to Protect an Expanding Digital Footprint. Security and risk management leaders must address seven top trends to protect the ever-expanding digital footprint of modern organizations against new and emerging threats in 2022 and beyond, according to Gartner, Inc. “Organizations worldwide are facing sophisticated ransomware, attacks on…
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The discussion paper outlines potential measures as part of a possible new regulatory framework. Context There are no specific or credible cyber threats to Australian organisations currently. Following the attack of Ukraine, there is heightened cyber risk globally, and the threat of cyber-attacks on Australian networks, either directly or inadvertently,…
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Former General Motors CISO Rich Armour said the dark web has been quiet on the attack so far. Toyota Motor said it will suspend domestic factory operations on the first of March. According Reuters despite the potentially losing around 13,000 cars of output, the shutdown was necessary after a supplier of…
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Employees are making more decisions with cyber risk implications. The role of cybersecurity leader needs to evolve, as accountability for cyber risk shifts outside IT and an increasingly distributed ecosystem leads to a loss of direct decision-making control, according to Gartner, Inc. Security and risk management (SRM) leaders now invest significantly…
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Sophistication, speed, and diversity of attack techniques demonstrates importance. Derek Manky, chief, security insights and global threat alliances, FortiGuard Labs, said, “Cybersecurity is a fast-moving and dynamic industry, but recent threat events show unparalleled speeds at which cyber adversaries are developing and executing attacks today. New and evolving attack techniques…
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Supply chain woes grew. IBM Security today released its annual X-Force Threat Intelligence Index unveiling how ransomware and vulnerability exploitations together were able to “imprison” businesses in 2021 further burdening global supply chains, with manufacturing emerging as the most targeted industry. While phishing was the most common cause of cyberattacks in general…
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SMEs will be provided with cyber insurance and cyber security solutions. DBS announced today that it will be availing a complimentary cybersecurity training programme to help protect the 280,000-strong SME community in Singapore from the growing threat of cybercrime. At the end of the programme, SMEs will be presented with recommendations…
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The activity continues as of this publication. Organisations typically focus on traditional enterprise cybersecurity threats. However, some threats are more subtle, targeting organisations on unexpected platforms. In October 2021, Secureworks Counter Threat Unit (CTU) researchers identified a phishing campaign that hijacks corporate Instagram accounts, as well as accounts of individual…
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