Majority of Indian organizations concerned with internet security: Study
Companies globally could incur USD 5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to Accenture’s study, titled Securing the Digital Economy: Reinventing the Internet for Trust. Based on a... By CIO&Leader
Global spending on datacenter hardware and software rises in 2018; Dell EMC leads: Study
The worldwide spending on datacenter hardware and software grew by 17% in 2018, according to a Synergy Research Group (SRG) study. The growth was driven by burgeoning demand for public cloud services and by a requirement for ever-richer server configurations, which drove up enterprise server average selling prices. Spending on public cloud infrastructure grew by 30%, while spending on enterprise... By CIO&Leader
Global IT & business services revenues increase in 2H18: IDC
Worldwide revenues for IT Services and Business Services totaled USD 513 billion in the second half of 2018 (2H18), an increase of 4.5% year over year (in constant currency), according to the International Data Corporation (IDC) Worldwide Semiannual Services Tracker. For the entire year, worldwide services revenues crossed the USD 1 trillion mark in 2018. Annual growth accelerated slightly... By CIO&Leader
Wipro faces security breach
Some of the employee accounts of Wipro—one of India’s top IT services firms—may have been hacked due to an advanced phishing campaign, reported Reuters, quoting the company. The company had launched an investigation to contain any potential impact, the report added. The report was based on Wipro’s response to a Reuters query regarding the breach after cyber security blog KrebsOnSecurity said... By CSO Forum
IT security automation on the rise; so is the need for highly skilled staff: Study
The adoption of automation for IT security functions is on the rise across the US, UK and APAC, according to Poneman study. Overall, the findings demonstrate an increase in confidence in job security, and meaningful benefits brought forth by automation, including improved efficiency and productivity among security staff. Still, complexities remain in addressing the skills gap as organizations... By CIO&Leader
DNS Hijack – Simplifying the misroute
You have read about DNSpionage. The hackers behind DNSpionage succeeded in compromising key components of DNS infrastructure for more than 50 Middle Eastern companies and government agencies, including targets in Albania, Cyprus, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Saudi Arabia and the United Arab Emirates. The passive DNS data shows the attackers were able to hijack the DNS records for... By Archie Jackson
Accelerating privacy regulation becomes top emerging risk facing organizations globally: Gartner
Concerns about rapidly accelerating privacy regulations and their associated regulatory burdens became the top emerging risk that organizations face globally, according to Gartner’s latest Emerging Risks Monitor Report. The quarterly survey of 98 senior executives across industries and geographies showed that “accelerating privacy regulation” had overtaken “talent shortages” as the... By CIO&Leader
Cryptominers still the most prevalent malware affecting organizations globally: Study
Cryptominers are still the most prevalent malware aimed at organizations globally although crytomining services, such as Coinhive have closed down, according to Check Point Research’s Global Threat Index for March 2019. Both Coinhive and Authedmine stopped their mining services on March 8th. For the first time since December 2017, Coinhive dropped from the top position but, despite having only... By CSO Forum
Majority of organizations still unprepared to respond to cybersecurity incidents: Study
A vast majority of organizations surveyed are still unprepared to properly respond to cybersecurity incidents, with 77% of respondents indicating they do not have a cybersecurity incident response plan applied consistently across the enterprise, according to a study conducted by the Poneman Institute, on behalf of IBM. While studies show that companies who can respond quickly and efficiently to... By CIO&Leader
AI helps CIOs make informed decisions; transform customer experience
In recent times, the biggest challenge for Indian businesses is keeping up with changing consumer expectations. While companies are striving to offer more information, greater personalization and a brand new experience to the digitally-savvy consumers, they often fail to meet the expectations of their customers. A new study by Salesforce researchers shows that strategic use of technologies,... By Sohini Bagchi
Fortinet launches FortiOS 6.2 to boost its cybersecurity portfolio
Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, today announced the release of the latest version of its flagship operating system, FortiOS 6.2, at its global customer and partner conference—Accelerate 19. This FortiOS 6.2 release continues the evolution of the Fortinet Security Fabric with over 300 new innovations that span Fortinet’s products and solutions... By CIO&Leader