Online extortion, data theft gain traction among cybercriminals: Study
Data-stealing ransomware attacks, information harvesting malware, and supply chain attacks are among the critical threats to organizations, according to F-Secure’s study. One of the most notable trends highlighted in the update is the evolution of ransomware – attacks that extort organizations by preventing them from accessing their data. 2020 saw an explosion of ransomware that also steals data... By CIO&Leader
Lack of IT-OT collaboration in manufacturing holding back security projects: Study
Most (61%) manufacturers have experienced cybersecurity incidents in their smart factories and are struggling to deploy the technology needed to effectively manage cyber risk, according to Trend Micro’s study, titled The State of Industrial Cybersecurity: Converging IT and OT with People, Process, and Technology. Trend Micro commissioned independent research specialist Vanson Bourne... By CIO&Leader
More than 80% of IT leaders to adopt or expand cloud-based IAM: Study
More than 80% of global IT decision-makers have already adopted, or plan to adopt or expand, cloud-based identity and access management (IAM) initiatives over the next two years, according to a study, titled Identity and Access Management (IAM) for the Hybrid Enterprise, conducted by Forrester Consulting on behalf of ForgeRock and Google Cloud. The study also found that the industry has... By CIO&Leader
More cybersecurity solutions do not bring better protection: Survey
There is a dangerous disconnect between the need for organizations to keep their data protected and the ineffective investments they’ve made trying to reach that goal, according to Acronis’ survey. While 2020 saw companies purchase new systems to enable and secure remote workers during the COVID-19 pandemic, those investments are not paying off. The global survey discovered that 80% of companies... By CIO&Leader
Inspur, Huawei & ODMs the winners as market for data center gear shifts to cloud: SRG
Worldwide spend on data center hardware and software grew by 4% from 2019, thanks to a 22% jump in spending on public cloud infrastructure, which pushed it to an all-time high, according to final 2020 data from Synergy Research Group. Cloud providers continue to invest heavily in their data centers to satisfy the ever-increasing demand for their services. Meanwhile enterprise spending on their... By CIO&Leader
Securing WFH economy needs greater investment in Zero Trust & identity security: Survey
The pandemic-driven shift to remote work has significantly changed how companies are investing in identity and access management capabilities and Zero Trust security, according to a new survey from Ping Identity. The Ping Identity Executive Survey: Growth in Remote Work Fuels Zero Trust Investment asked more than 1,300 senior executives across the U.S., U.K., Germany, France and... By CIO&Leader
Top security & risk management trends for 2021
Security and risk management leaders must address eight top trends to enable rapid reinvention in their organization, as COVID-19 accelerates digital business transformation and challenges traditional cybersecurity practices, according to Gartner. Peter Firstbrook, research vice president at Gartner, said these trends are a response to persistent global challenges that all... By CIO&Leader
More than half of data backups are failing, creating data protection issues and limiting DX initiatives: Study
Data protection challenges are undermining organizations’ abilities to execute Digital Transformation (DX) initiatives globally, according to Veeam’s 2021 Data Protection Report. The study found that 58% of backups fail, leaving data unprotected. The study revealed that against the backdrop of COVID-19 and ensuing economic uncertainty, which 40% of CXOs cite as the biggest threat to... By CIO&Leader
Ransomware demands, double extortion and attacks on healthcare surge: Study
Ransomware is one of the top threats in cybersecurity, according to Palo Alto Network’s 2021 Ransomware Threat Report, which highlights the latest insights on the top ransomware variants, ransomware payment trends and security best practices so we can understand and manage the threat. To evaluate the current state of the ransomware threat landscape, the Unit 42 threat intelligence team of Palo... By CIO&Leader
Enterprise information security & risk management spending in India to grow 9.5% in 2021: Gartner
Enterprise information security and risk management end user spending in India is on pace to total USD 2.08 billion in 2021, an increase of 9.5% from 2020, according to the latest forecast from Gartner. “The overnight move to remote-working in reaction to the pandemic exposed organizations’ vulnerabilities” said Prateek Bhajanka, senior principal research analyst at Gartner. “While security... By CIO&Leader
Healthcare industry must focus on implementing AI & ML to successfully prevent cyberattacks
The COVID-19 pandemic forced the healthcare industry to rapidly adopt telehealth, which has left it vulnerable to cyberattacks as the industry had little or no time to ensure all the necessary cybersecurity precautions were in place before lockdown measures were enacted. If healthcare organizations do not start prioritizing data... By CIO&Leader