Technology initiatives continue to trigger investments in these industries According to IDC’s latest Worldwide Semi-annual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific* is expected to reach USD 36 billion in 2023, an increase of 16.7 per cent over the previous year. Security investments will remain resilient…
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Almost all industries and company size segments will see low double-digit growth Worldwide spending on security solutions and services is forecast to be $US219 billion in 2023, an increase of 12.1 per cent compared to 2022, according to the new Worldwide Security Spending Guide from International Data Corporation. Investments in hardware, software,…
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The AFP maintains its dedicated presence in Indonesia The AFP and Indonesian National Police (INP) will jointly target regional cyber criminals after signing a new cooperation and intelligence sharing agreement in Sydney this week. The agencies also renewed a longstanding arrangement to cooperate on preventing and combatting transnational crimes and…
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A deep dive into the perpetual cycles of cybercrime A growing body of evidence, outlined in Flashpoint’s State of Cyber Threat Intelligence: 2023 report, demonstrates just how extensively cyber threats are overlapping, intersecting, and relating. The risk intelligence firm examines why these threats—from the online spaces in which cybercriminals operate to the…
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The investment will be used to develop innovative technology Lloyds Banking Group has invested £UK10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal…
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We look forward to working with our U.S. critical infrastructure partners CEO for cybersecurity company, Nozomi Networks, says the Strategy’s requirements for critical infrastructure to increase cybersecurity posture will be met with ‘varying responses from CEOs and boards alike’, and ‘the ability for these entities to identify the budget and…
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The increased security risks and complexity will drive MENA organisations End-user spending on security and risk management in the middle East and North Africa (MENA) region is forecast to total $US2.8 billion in 2023, an increase of 10.4 per cent from 2022, according to Gartner, Inc. “Security and risk management…
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Australia’s cyber security is a fundamental priority for the government Today the Prime Minister led a Cyber Security Roundtable, focused on the whole-of-nation effort required to protect Australians and our economy, with the aim of making Australia the most cyber secure nation by 2030. We invited leaders from the public…
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Manufacturing found to be the most extorted industry IBM Security today released its annual X-Force Threat Intelligence Index finding that although ransomware’s share of incidents declined only slightly (4 percentage points) from 2021 to 2022, defenders were more successful detecting and preventing ransomware. Despite this, attackers continued to innovate with the report…
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Burnout and voluntary attrition are outcomes of poor organizational culture By 2025, nearly half of cybersecurity leaders will change jobs, 25 per cent for different roles entirely due to multiple work-related stressors, according to Gartner, Inc. “Cybersecurity professionals are facing unsustainable levels of stress,” said Deepti Gopal, Director Analyst, Gartner. “CISOs are on…
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