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DDoS attacks tripled year-on-year in Q2, 2020: Study - CIO&Leader

DDoS attacks tripled year-on-year in Q2, 2020: Study

The number of DDoS attacks in the second quarter of 2020 increased three-fold in comparison to Q2, 2019, according to Kaspersky’s Q2, 2020 DDoS Attacks Report. The figure is almost the same as the number of DDoS attacks in Q1, 2020. Kaspersky experts believe the rise in malicious activity can be attributed to the impact of COVID-19, as both cybercriminals and their targets have had to reconsider... By CIO&Leader
IaaS private, PaaS private, and SaaS APeJ spending to increase further in 2020: IDC - CIO&Leader

IaaS private, PaaS private, and SaaS APeJ spending to increase further in 2020: IDC

COVID-19 has accelerated the adoption of digitalization technology and services, according to IDC Asia/Pacific’s report, titled Cloud and COVID-19: Asia/Pacific (Excluding Japan). Spending on cloud services and technology has been much less affected than spending on other areas. For overall ICT spending in Asia/Pacific, there is a definite intention to reduce budgets in the short term – at least... By CIO&Leader
More push to DevSecOps needed - CIO&Leader

More push to DevSecOps needed

Companies are gaining competitive advantage by leveraging DevOps principles, a cultural philosophy of software development that enables companies to design products and applications faster in a collaborative environment. A key leverage of DevOps is collaborative development underpinned by systems, processes and methodologies including automation, tooling and know-how. As opposed to traditional... By CIO&Leader
Ongoing demand to drive solid growth for security products and services in 2020: IDC - CIO&Leader

Ongoing demand to drive solid growth for security products and services in 2020: IDC

Worldwide spending on security products and services will see solid growth in 2020 as organizations invest in solutions to meet the needs of a much larger remote workforce and a wide range of security threats and requirements, according to IDC’s Worldwide Security Spending Guide. The worldwide spending on security-related hardware, software, and services will be USD 125.2 billion in 2020, an... By CIO&Leader
CIOs prioritizing Identity and Access Management over endpoint security and security awareness training in 2020 - CIO&Leader

CIOs prioritizing Identity and Access Management over endpoint security and security awareness training in 2020

CIOs are prioritizing Identity and Access Management (IAM) over endpoint security and security awareness training in 2020, according to a recent survey conducted by Pulse on behalf of Hitachi ID. The survey, focused on changes in IT spending in the wake of the coronavirus pandemic, reveals that cybersecurity is IT leaders' top focus for the rest of the year—and half of those... By CIO&Leader
75% of Asia Pacific consumers do not feel responsible for their own data security: Study - CIO&Leader

75% of Asia Pacific consumers do not feel responsible for their own data security: Study

43% of Asia Pacific consumers expect businesses to protect their data, while another 32% believe it’s the responsibility of the government, according to F5’s Curve of Convenience 2020 Report: The Privacy-Convenience Paradox. Meanwhile, more than nine in 10 (96%) consumers say they would choose convenience and frictionless or seamless application user experiences over security. These findings... By CIO&Leader
More than 7 in 10 security pros say maintaining secure configurations in the cloud is difficult: Survey - CIO&Leader

More than 7 in 10 security pros say maintaining secure configurations in the cloud is difficult: Survey

A number of organizations face shortcomings in monitoring and securing their cloud environments, according to Tripwire’s survey. A majority of security professionals (76%) state they have difficulty maintaining security configurations in the cloud, and 37% said their risk management capabilities in the cloud are worse compared with other parts of their environment. Almost all (93%) are concerned... By CIO&Leader
Global banking and securities IT spending to decline 4.7% in 2020 before rebounding next year: Gartner - CIO&Leader

Global banking and securities IT spending to decline 4.7% in 2020 before rebounding next year: Gartner

Worldwide IT spending in the banking and securities sector is expected to decline nearly 4.7% to USD 514 billion in 2020, according to Gartner. Spending on devices such as PCs and mobile devices will see the largest decline, falling 12.1%, followed by data center systems. “COVID-19 has not only caused uncertainty within the banking and securities industry this year, but also a... By CIO&Leader
Nearly half of organizations knowingly push vulnerable software: Study - CIO&Leader

Nearly half of organizations knowingly push vulnerable software: Study

Nearly half of organizations regularly and knowingly ship vulnerable code despite using application security tools, according to Veracode-ESG’s Modern Application Development Security research. Among the top reasons cited for pushing vulnerable code were pressure to meet release deadlines (54%) and finding vulnerabilities too late in the software development lifecycle (45%). Respondents said that... By CIO&Leader
Half of IT teams cannot fully utilize cloud security solutions due to understaffing: Study - CIO&Leader

Half of IT teams cannot fully utilize cloud security solutions due to understaffing: Study

There are unrealized gaps between the rate of implementation or operation and the effective use of cloud security access brokers (CASB) within the enterprise, according to Cloud Security Alliance’s study, titled The Evolution of the CASB. The study, which queried more than 200 IT and security professionals from a variety of organization sizes and locations, examined the expectations, technical... By CIO&Leader
Global IaaS public cloud services market grew 37.3% in 2019: Gartner - CIO&Leader

Global IaaS public cloud services market grew 37.3% in 2019: Gartner

The worldwide infrastructure as a service (IaaS) market grew 37.3% in 2019 to total USD 44.5 billion, up from USD 32.4 billion in 2018, according to Gartner. Amazon retained the No. 1 position in the IaaS market in 2019, followed by Microsoft, Alibaba, Google and Tencent. “Cloud underpins the push to digital business, which remains at the top of CIOs’ agendas,” said Sid Nag,... By CIO&Leader
COVID-19: Winners and losers in payment - CIO&Leader

COVID-19: Winners and losers in payment

The coronavirus pandemic has demonstrated just how vulnerable our business and financial services landscape is, with the world now preparing for its first recession triggered solely by a pandemic since 1870. We know that business recovery will be slow and could continue to be painful for many, and so financial institutions must make payments as seamless as possible to facilitate circulation – and... By Ian Hooper
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