Investment - Page 336

As businesses continue to pour significant investments into generative AI (GenAI), the cybersecurity sector is experiencing a notable shift in technological capabilities. While traditional AI has long been integrated into cybersecurity tools for threat detection and analysis, GenAI presents a new frontier

The landscape of cybersecurity solutions has been rapidly evolving to combat the increasing frequency and sophistication of cyber threats in the digital age. With a projected CAGR of 7.44% between 2024 and 2032, the network security platform market is expected to reach

In a bold move to bolster cyber security within Australia’s healthcare sector, the federal government has allocated a significant $6.4 million towards the establishment of an innovative information-sharing network. This initiative aims to enhance collaboration and communication on cyber threats, responses, and

The landscape of cyber insurance is shifting as businesses worldwide adapt and strengthen their defenses against online threats. While ransomware attacks continue to escalate, a new era of proactive risk management is emerging, leading to a decline in insurance premiums. Recent market

In today’s rapidly evolving industrial landscape, the convergence of digitization and smart manufacturing presents both opportunities and challenges. The realm of Operational Technology (OT) faces a growing threat from cyber attacks, necessitating robust cybersecurity measures. According to recent projections, the global OT

In a recent investigation, it was unveiled that a significant proportion of companies underwent at least one cyber invasion in the past year. The escalation of cyber incidents is placing immense monetary and reputational strains on businesses, as noted by findings from

In a recent cybersecurity incident, the state-owned Agrani Bank Limited fell victim to a hacker group known as ‘KillSec’. The hackers managed to infiltrate the bank’s email server and pilfer sensitive information belonging to approximately 12,000 clients. Following the breach, the perpetrators

Community colleges in Maryland have received a significant boost in their efforts to address the cybersecurity workforce shortage thanks to a generous $1 million grant from the Maryland Department of Commerce. This funding will be instrumental in supporting the development of cutting-edge

The recent settlement between the SEC and the owner of the New York Stock Exchange underscores the pressing need for heightened cybersecurity within financial institutions. Following a cyberattack on a subsidiary of Intercontinental Exchange Inc. (ICE), the SEC’s investigation exposed critical lapses