Cybersecurity workforce grows to 3.5 million professionals globally: Study

There is a year-over-year reduction in the cybersecurity workforce gap, due in part to increased talent entry into the field and uncertain demand due to the economic impact of COVID-19, according to a study by (ISC)², titled 2020 Cybersecurity Workforce Study. 3,790 respondents, all of whom dedicate at least 25% of their time to cybersecurity tasks, were surveyed across 14 geographies in order to... By CIO&Leader

The critical need for increased agility in business

Recent events have forced CISOs across all industries to rethink and refine their business continuity plans. Not only did the pandemic force organizations to transform their networks to accommodate moving their traditional workforce to work from home (WFH) status, it also forced cybercriminals to adjust their tactics as well. In the months since the pandemic began, security researchers have... By Rajesh Maurya

Cloud computing revenue in India to exceed USD 16bn in 2024: Study

Rising adoption of emerging technologies like big data, Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR) and Virtual Reality (VR), along with enterprises’ focus on cost reduction and operation scalability is expected to boost the cloud adoption in India. As a result, the overall spending on cloud computing in India is set to reach USD 16.5bn in 2024, according to... By CIO&Leader

Cloud and digital offerings come to rescue Indian IT vendors amid COVID-19: Study

Majority of the technology vendors continue to struggle with the impact of COVID-19 pandemic. Despite this, leading Indian IT vendors continue to shine through the crisis, driven by their cloud and digital transformation offerings, according to GlobalData. Leading technology vendors continue to offer added offerings in the digital space to improve their top-line revenue and maintain a healthy... By CIO&Leader

NEXT100 Jury Samir Dhaga promoted to President & CIO at PI Industries

Samir Dhaga has been promoted to President & CIO at PI Industries. In his earlier role, he was serving as the Senior Vice President & CIO at the same organization. Dhaga had also held many IT leadership positions at the Indian Army besides serving at esteemed companies like Videocon D2H and IBM India. Dhaga completed his MTech in Industrial Engineering from IIT-Delhi and BTech in... By CIO&Leader

Almost two-thirds of financial services firms have suffered a cyberattack in last 12 months: Study

65% of large Financial Services (FS) firms have suffered a cyber-attack in the last 12 months, according to HelpSystems’ study, titled Cybersecurity Challenges in Financial Services. The research with 250 CISOs and CIOs in global FS firms also showed the impact that COVID-19 is having on FS firms’ cybersecurity, with 45% of respondents reporting an increase in cyber-attacks since the pandemic... By CIO&Leader

The modern architect: accelerating and shaping the financial services transformation agenda during times of change

COVID has forced us to adjust fundamental aspects of our lives with little warning and against a background of anxiety and uncertainty. However, while they test us, such dislocative events can also foster innovation and unlock opportunities. Whether their focus is enterprise-wide, solutions-oriented, strategic or technical, the role of the architect in modern delivery projects is to thrive in... By Corneliu Rimboiu

Ransomware, IoT attacks rise in 2020: Study

Cyber criminals are increasingly using ransomware, encrypted threats and attacks, leveraging non-standard ports, while overall malware volume declined for the third consecutive quarter, according to a SonicWall report. “For most of us, 2020 has been the year where we’ve seen economies almost stop, morning commutes end and traditional offices disappear,” said SonicWall President and CEO Bill... By CIO&Leader

COVID-19-themed threats and PowerShell malware surge in Q2, 2020: Study

Q2, 2020 saw an average of 419 new threats per minute as overall new malware samples grew by 11.5%, according to McAfee’s Threats Report: November 2020. The report examines cybercriminal activity related to malware and the evolution of cyber threats in Q2, 2020. A significant proliferation in malicious Donoff Microsoft Office documents attacks propelled new PowerShell malware up 117%, and the... By CIO&Leader

BEC attacks rise in 75% of industries: Study

Business Email Compromise (BEC) campaign volume increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, according to Abnormal Security’s Quarterly BEC Report for Q3, 2020.  The report analyzes BEC attacks tracked by Abnormal Security from July-September 2020. “As the industry’s only measure of BEC attack volume by industry, our quarterly BEC research is... By CIO&Leader

The not-so-discreet New Normal

We have done a cover story on a company’s technology journey after a long time. Though the cover text has explicit reference to the extraordinary situation created by the pandemic, the story is mostly about the technology journey of SpotOn Logistics, a mid-sized B2B express logistics company, which helped the company sail through the situation.  Yes, it is not much about the ‘... By Shyamanuja Das

Spot On

The advent of COVID-19 resulted in an unprecedented lockdown that kept getting extended and created an extraordinary situation. Businesses were impacted like never before. The level of impact could be gauged from the fact the Indian economy contracted by a quarter—its first negative growth since quarterly GDP data started getting published in 1996.  But despite the huge disruption,... By ITNEXT