Tag Archive for: expected

Following computer hack, Covington expected to recover most of $100,000 spent in recovery | St. Tammany community news


Covington Chief Administrative Officer Erin Bivona recently told the City Council that the city expects to recoup most of the expenses it has spent to repair and recover the municipal computer system that was part of a nationwide hack in March.

The city has incurred more than $100,000 to date in equipment upgrades and software licenses since the Ransomware attack four months ago, Bivona told members in a July 13 meeting. Covington had a cyber security insurance policy at the time of the breach, which is expected to cover most of the unfortunate costs.

Hackers, taking advantage of a weakness in the Microsoft Outlook email platform, infiltrated more than 30,000 different computer systems on March 11, rendering the machines useless and tying up vital information at each for weeks on end. A variety of networks, from doctor’s offices, retail outlets and government entities, including Covington, were hit.

Bivona told the council the recovery has been “part sprint, part marathon.” 

City officials were quick to move when the hack was discovered early on the morning of March 11. Members of the Louisiana Cyber Investigators Alliance, made up of various police and government agencies, were on hand within hours of the breach and worked for two weeks to restore municipal operations and wage recovery efforts.

It was a challenging fortnight, Bivona said, but it’s not over. She said a consultant was hired to focus entirely on the hack. The city’s own IT department has also tackled the work, but has remained responsive to other needs in city government at the same time.

“Since the hack, we’ve been under disaster response recover mode,” she told the council. “And we’ll be there until the end of September.”

Bivona said Wi-Fi in city facilities is still not operational. And Munis, the computer program the city uses for all financial operations, such as payroll and utility billing, also remains compromised.

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“There are security concerns associated with Wi-Fi,” she said. “We’re rebuilding a…

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5G Security Market Expected to Exceed a Valuation of USD 5,201.4 Billion by 2026 Growing at 44.25% CAGR


Top leaders in 5G Security Market are Akamai, A10 Networks, Allot, Avast, AT&T, Check Point, Clavister, Cisco, Colt Technology, F5 Networks, Ericsson, ForgeRock, G+D Mobile Security, Fortinet, Huawei, Mobileum, Juniper Networks, Nokia, Positive Technologies, Palo Alto Networks, Radware, Spirent, Riscure, Trend Micro and ZTE among others.

Pune, June 14, 2021 (GLOBE NEWSWIRE) — Market Overview
5G mobile networking technology is one of the key innovations in telecommunications. With its faster data rates than 4G & LTE speeds and low latency & increased bandwidth, 5G technology has exponentially improved the connectivity and connected technology. However, alongside came the cybersecurity concerns and increased vulnerability to online crimes.

Besides, the proliferation of private 5G networks created significant market demand. Organizations are increasingly seeking to significantly improve operations through high capacity, low latency, and fast communications networks, thereby increasing the focus on the security of the data transmitted. Resultantly, Private 5G networks are expected to gain huge momentum in industrial uses.

5G security market worldwide are estimated to garner significant traction. In this regard, Market Research Future (MRFR), a leading research firm, states that the global 5G security market is poised to reach USD 5,201.4 billion by 2026, growing at a massive 44.25% CAGR during the review period (2020–2026). With 5G networking systems incorporated into every business system and growing digitization, the need for 5G security is growing too.

COVID-19 Impact
5G security industry is one of those many industries which remained unaffected by the COVID-19 complications. The onset of the pandemic positively impacted the already-competitive telecom markets and so 5G technology and security markets. Moreover, the massive leap people took to make a living online during the lockdown period increased the market demand for high-speed networks and 5G securities.

On the other hand, the economical setback that occurred due to the coronavirus outbreak worldwide contributed to the market upend, causing many lost jobs and downward discretionary income, thereby fueling…

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Boom Expected in Consumer Mobile Security App Market in Future


reporthive

The Global Consumer Mobile Security App market research report is primarily aimed at pointing out opportunities and challenges in the global industry. The report also highlights potential risks, threats, obstacles, and uncertainties in the marketplace and helps clients accurately intuit them and operate their business accordingly. The report covers a wide range of the global Consumer Mobile Security App market ranging from historical and current events to a futuristic point of the market. The report covers the post-COVID-19 (Corona Virus) impact in several major regions and countries and notes the future development of the industry.

This report of Consumer Mobile Security App provides a forecast and analysis of the global Consumer Mobile Security App market. Provides historical data for 2015 along with estimated data for 2021 and forecast data up to 2026, in terms of revenue (US $ Mn) and Volume (MT). The report also sheds light on macroeconomic indicators and provides an outlook for the Consumer Mobile Security App. It comprises drivers and restraints operating in the worldwide Consumer Mobile Security App market and their impact across all regions during the forecast period. The report also covers the study of existing industry trends and prospects for the Consumer Mobile Security App market. It also provides an understanding of value chain analysis. To provide users of this report with a comprehensive view of the market, we have considered a detailed competitive analysis, key players and their tactical description. The dashboard provides a detailed comparison of Consumer Mobile Security App manufacturers on parameters such as total revenue, product offerings, and key strategies. The study covers the analysis of the attractiveness of the market by type, grade, application and region.

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Main companies covered in this report: Symantec, Trend Micro, Dell, Trustgo, Sophos, Intel, AT & T, Check Point, Webroot, Trustgo, Sophos

The Consumer Mobile Security Apps report covers all the minute details related to the industry such as technological…

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Global Embedded Security Product Market 2021 Expected to Reach High CAGR


The ‘Global Embedded Security Product Market’ research report Published by the Market Research Inc, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, Growth drivers, challenges, with key company profiles and strategies of players. This report Well explained SWOT analysis, revenue share, and contact information are shared in this report analysis. Thus, Supporting the demand for Embedded Security Product within the near future are creating profitable opportunities for the Embedded Security Product market within the forecast period.

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Some of the key players profiled in the Embedded Security Product market includes:

  • NXP Semiconductors
  • Infineon
  • STMicroelectronics
  • Gemalto
  • IDEMIA
  • Thales e-Security, Inc.
  • Beijing HuaDa ZhiBao Electronic System
  • Renesas
  • Micro Focus Atalla
  • Microchip
  • Samsung
  • Texas Instruments
  • Maxim Integrated
  • Inside Secure
  • IBM
  • Utimaco
  • Swift

Brief Overview on Embedded Security Product Market:

Embedded Security Product is utilized in different applications in the auto area, for example, body gadgets, route frameworks, controlling and stopping mechanisms, traffic light and powertrain and suspension control, and portable and e-Com access applications. Installed Embedded security is a way to deal with shield programming running on inserted frameworks from assault.

“Embedded Security Product Market is growing at a High CAGR of +6.0% during the forecast period 2021-2028. The multiplying interest of the objects in this industry is that the major reason for the expansion of this request.”

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Global Embedded Security Product Market Segmentation Analysis:

By Type

  • Secure Element and Embedded SIM
  • Hardware Security Module
  • Trusted Platform Module
  • Hardware Tokens

By Application

  • Mobile Security
  • Automotive
  • Banking, Transport, Pay-TV & ID
  • Wearables
  • Security in IoT Connectivity
  • Others

Embedded Security Product Market: Regional analysis includes:

  • Asia-Pacific Europe (Turkey, Germany, Russia UK, Italy, France,…

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