Tag Archive for: grow

More Treachery And Risk Ahead As Attack Surface And Hacker Capabilities Grow

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Every year I peruse emerging statistics and trends in cybersecurity and provide some perspective and analysis on the potential implications for industry and government from the data. While cybersecurity capabilities and awareness seem to be improving, unfortunately the threat and sophistication of cyber-attacks are matching that progress.

The 2023 Digital Ecosystem

The emerging digital ecosystem is treacherous. In our current digital environment, every company is now a reachable target, and every company, large or small, has operations, brand, reputation, and revenue pipelines that are potentially at risk from a breach.

For 2023 and beyond the focus needs to be on the cyber-attack surface and vectors to determine what can be done to mitigate threats and enhance resiliency and recovery. As the interest greatly expands in users, so do the threats, As the Metaverse comes more online it will serve as a new vector for exploitation. Artificial intelligence and machine learning, while great for research & analytics (i.e. ChatGPT). However, AI tools can also be used by hackers for advanced attacks. Deep fakes are already being deployed and bots are continuing to run rampant. and the geopolitics of the Russian invasion of Ukraine has highlighted the vulnerabilities of critical infrastructure (CISA Shields Up) by nation-state threats, including more DDSs attacks on websites and infrastructure. Most ominous was the hacking of a Ukrainian satellite.

Here are some initial digital ecosystem statistics to consider: According to a Deloitte Center for Controllership poll. “During the past 12 months, 34.5% of polled executives report that their organizations’ accounting and financial data were targeted by cyber adversaries. Within that group, 22% experienced at least one such cyber event and 12.5% experienced more than one.” And “nearly half (48.8%) of C-suite and other executives expect the number and size of cyber events targeting their organizations’ accounting and financial data to increase in the year ahead. And yet just 20.3% of those polled say their…

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The Global Cyber Security Software Market is expected to grow at CAGR of 11.65% during 2023-2027

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The MarketWatch News Department was not involved in the creation of this content.

Jan 13, 2023 (The Expresswire) —
Cyber Security SoftwareMarket Analysis and Insights 2023: [Report Contain 118 Pages]

“The global Cyber Security Software market size was valued at USD 2057.65 million in 2021 and is expected to expand at a CAGR of 11.65% during the forecast period, reaching USD 3986.51 million by 2027.”

The growth of Cyber Security Software Market is expected to reach multi million by 2027, In valuation to 2022, Over the few years the Cyber Security Software Market will reach a magnificent spike in CAGR in terms of revenue. Cyber Security Software Market offers a Comprehensive assessment regarding the competitive landscape of the Cyber Security Software market and includes a deep description of performance by some of the key global players (Fortinet Inc., Trend Micro Inc., Palo Alto Networks, Dell Root 9B, CyberArk Software Ltd., Herjavec, Cisco Systems Inc., AVG Technologies, FireEye Inc., Check Point Software Technologies Ltd., IBM, Imperva Inc., Proofpoint, Symantec Corp) completing in the market.

REPORT COVERAGE:

ATTRIBUTE

DETAILS

Study Period

2017-2027

Base Year

2022

Estimated Year

2023

Forecast Period

2023-2027

Historical Period

2017-2020

Market Values

Cyber Security Software Market Projected to reach USD 3986.51 million by 2027. at a CAGR of 11.65%

Estimated CAGR in 2027

CAGR of 11.65%

Segmentation

By Product Type, By Application, End-user, and Region

By Product Type

Network Security, Cloud Security, Wireless Security, Others

By Applications

Aerospace, Government, Financial Services, Telecommunication, Healthcare, Others

Regions

North America, Europe, Asia-Pacific, South America, Middle East and Africa

Top companies Analysis Covered in Report

…

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Cybersecurity market for connected cars to grow to $4.14B by 2026

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Cybersecurity services for connected cars is expected to grow to over $4 billion by 2026. (Photo by Alex Wong/Getty Images)

ResearchAndMarkets.com on Friday estimated that the global external cloud automotive cybersecurity services market will grow from $1.74 billion in 2021 to $2.12 billion in 2022 at a compound annual growth rate (CAGR) of 21.8% — and by 2026, this market will grow to $4.14 billion with a CAGR of 18.3%.

The main types of security in external cloud automotive cyber security services are endpoint, application, and wireless network security. The different vehicle types include passenger cars and commercial vehicles.

ResearchandMarkets added that the number of connected cars will propel the growth of the external cloud automotive cybersecurity services market in the years ahead. Connected cars are vehicles that can access the internet to connect with other vehicles through an in-built connectivity system. Some of these features have been around for several years, but will grow in use as the auto industry moves more to autonomous and electric vehicles.

On the security protection front, the automotive industry needs to adopt a defense-in-depth strategy when it comes to security, said Ted Miracco, chief executive officer at Approov.

Miracco said many of the recent breaches have had a single point of failure, such as exploiting user credentials or API keys that have allowed anyone to unlock cars. Implementing zero-trust systems that verifies not only the user, but also the device, and the authenticity of the application creates an appropriate layered approach to security that can prevent these kinds of attacks, said Miracco.

“We see a bumpy road ahead for the automotive sector,” said Miracco. “We consistently find secrets (including API Keys) hidden within automotive applications on both iOS and Android. Traditional approaches such as code obfuscation have proven unreliable and we need to deploy additional capabilities to secure these vehicles. As more companies use mobile devices to unlock vehicles, we see an uptick in theft and this will impact consumers, insurance companies, and law enforcement.”

Dan Benjamin, chief executive officer at Dig Security, said when…

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Biometric access control options grow with new partnership, launches and integrations

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Biometrics are being built into an ever-increasing range of access control solutions, with the latest crop covering fingerprint, face and iris modalities. SentryCards are expected to roll out late this year with Idex Biometrics sensors to secure access control for a range of settings, while Ayonix has launched a new platform and Hikvision a new terminal for face and iris biometric access, respectively. A new software integration brings Idemia fingerprinting to Telaeris software, and Precise Biometrics has been certified for Genetec’s access security platform.

Idex Biometrics partners with Sentry

Idex Biometrics is contributing its Trustedbio Max fingerprint sensor solution to the SentryCard biometric access control platform from U.S.-based Sentry Enterprises.

SentryCard is certified for multiple access control technologies, including FIDO2, and an order has been placed with Idex to support the solution’s initial production ahead of a planned market launch in the fourth quarter of 2022.

“We are delighted to collaborate with Sentry Enterprises as we continue to capture the increasing demand for digital authentication in the United States and across the globe, as the SentryCard will be secured by our TrustedBio Max sensor solution with integrated MCU and PMU,” comments Vince Graziani, CEO of Idex Biometrics. ”We are confident this biometric card solution will deliver increased performance and cost efficiency for customers while providing a seamless and secure user authentication experience.”

SentryCard is intended for access control use by enterprises, governments and individuals, without relying on PINs or passwords.

“The Idex Biometrics technology was a natural complement to Sentry’s growing ecosystem of identity-based solutions,” says Mark Bennett, CEO of Sentry Enterprises. “We believe absolute trust of identity is a fundamental necessity for any secure interaction, whether it’s an employee badging through the front door or logging into a computer system. The challenge is providing resilient solutions that are both secure and respect people’s privacy. The SentryCard biometric identity platform is one of the first solutions in the world…

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