Tag Archive for: Reach

Global Network Security Firewall Markets Report 2021: Market is Expected to Reach $8.6 Bn by 2026 from $4.37 Bn in 2021 – Growing Demand for SMS Firewalls – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Global Network Security Firewall Market(2021-2026) by Component, Solution Type, Signalling Firewall, SMS Firewall, Service, Deployment, Organization Size, Type, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Network Security Firewall Market is estimated to be USD 4.37 Bn in 2021 and is expected to reach USD 8.6 Bn by 2026, growing at a CAGR of 14.9%.

Key factors such as the rising number of cyber-attacks among different industry sectors have compelled the organizations to adopt a robust security solution to prevent and safeguard the organizational data.

This has led to a rise in the demand for several network security solutions, such as network security firewall solutions and related security solutions. The increase in the global penetration rate of connected devices such as handheld devices and other smart devices has made faster access to information. It has made sensitive data vulnerable to malicious attackers.

Therefore, organizations are willing to invest in network firewall solutions that have benefitted in augmenting the market growth. Other factors such as increasing demand for Next-gen networking solutions and the advancements in digital transformation are further promoting the development of the market.

Conversely, the budgetary constraints, the low initiative towards firewall maintenance are likely to hinder the market’s growth.

Some of the companies covered in this report are Adaptive Mobile Security, AMD Telecom SA, ANAM Technologies, Cellusys, Cisco Systems, Mobelium, Omobio Pvt. Ltd., Openmind Networks, SAP SE.

Market Dynamics

Drivers

  • Increasing Importance of Network Security and Privacy across Organizations
  • High Penetration of Connected Devices
  • Implementation of Next-Generation Networking Technologies
  • Advancement of Digital Transformation in the Telecommunications Industry

Restraints

  • Lack of Preventive Firewall Maintenance
  • Budget Constraints
  • Absence of Basic Network Firewall Restoration

Opportunities

  • Growth in Investment to Improve the Network Security Measures
  • Growing…

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The Worldwide Bot Security Industry is Expected to Reach $983 Million by 2026

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DUBLIN, July 22, 2021 /PRNewswire/ — The “Bot Security Market by Component (Standalone Solution, Services), Security Type (Web, Mobile, API), Deployment Mode, Organization Size, Vertical (Retail & E-commerce, Media and Entertainment, Travel and Hospitality) and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global bot security market size is projected to grow from USD 408 million in 2021 to USD 983 million by 2026, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period.

Major driving factors for the bot security market include rise in bad bot traffic; increasing sophistication of botnet attacks and loss of revenues for organizations; shift of traffic from mobile to web; and surge in the use of APIs across businesses such as eCommerce, travel, gaming, etc.

By component, the services segment to register the highest growth rate during the forecast period.

The services segment includes various services that are required to deploy, execute, and maintain the bot security platform in an organization. As the adoption of the bot security platform increases, the demand for these services is also expected to increase. Bot security can be provided through Managed Security Services (MSS) analysts who provide remote assistance and incident response to clients in case of suspicious activities. These services include training and education, and support and maintenance. As the adoption of the bot security platform increases, the demand for these services is also expected to soar. Bot security services ensure 24/7 protection against increasingly sophisticated architectures, SOCs manned by security experts, and quick incident response services. Bot security vendors offer customized subscriptions and professional services for threat intelligence, threat prevention, detection, and response to assist end-users in easy planning and deployment of bot security platforms.

By deployment mode, the cloud segment to register the highest growth rate during the forecast period.

Cloud-based bot security solutions provide scalability, efficiency, and 24/7 services to organizations. SaaS-based services offer a centralized service delivery…

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Russia, U.S. and other countries reach new agreement against cyber hacking, even as attacks continue

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Russia and the United States — along with 23 other countries — recently reaffirmed that states should not hack each other’s critical infrastructure in peacetime or shelter cyber criminals who conduct attacks on other countries.

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But Russia, which was among the states originally agreeing to the norms at the United Nations, has violated them repeatedly over the years. Experts are skeptical those violations will halt unless the United States and its allies impose far more serious consequences.

President Biden is on an eight-day trip to Europe that will culminate in a meeting with Russian President Vladimir Putin on Wednesday. He will raise issues of cybersecurity, including his concern that Moscow is harboring hackers who have carried out damaging ransomware attacks against some of the United States’ most critical sectors. An attack last month led to a days-long shutdown of the country’s largest refined fuel pipeline, followed by an attack that disrupted the world’s largest meat processor.

“Ransomware attacks against critical infrastructure are of an even higher order of magnitude of concern for us,” national security adviser Jake Sullivan said Wednesday. “We do not judge that the Russian government has been behind these recent ransomware attacks, but we do judge that actors in Russia have. And we believe that Russia can take and must take steps to deal with it.”

The question now is whether Russia, and other countries such as China, which affirmed the cyber norms in May, can or will be held accountable.

[Opinion: How Russia and China are attempting to rewrite cyberworld order]

White House officials have downplayed expectations from the summit given the tense relationship between Washington and Moscow.

Current and former officials say the global norms provide a foundation for accountability by explaining the bounds of acceptable conduct in cyberspace and by creating an expectation of good behavior.

“It certainly seems that states want others to behave well in cyberspace, and there are some key states that just aren’t. So you have to do something about it,” said Michele Markoff, the State Department’s acting coordinator…

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Ransomware attacks could reach ‘pandemic’ proportions. What to know after the pipeline hack.

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A cybersecurity expert warned U.S. lawmakers last week that the world was on the cusp of a “pandemic of a different variety.”



An "Out Of Service" bag covers a gas pump as cars continue line up for the chance to fill their gas tanks at a Circle K gas station near uptown Charlotte on May 11, 2021, following a ransomware attack that shut down the Colonial Pipeline. (Photo by Logan Cyrus / AFP)

© Logan Cyrus/AFP/Getty Images
An “Out Of Service” bag covers a gas pump as cars continue line up for the chance to fill their gas tanks at a Circle K gas station near uptown Charlotte on May 11, 2021, following a ransomware attack that shut down the Colonial Pipeline. (Photo by Logan Cyrus / AFP)

Christopher Krebs, who formerly headed the Cybersecurity and Infrastructure Security Agency at the Department of Homeland Security, testified Wednesday before the House Committee on Homeland Security that a form of malware called ransomware has become more prevalent than ever before. Given an ever-widening criminal enterprise and vulnerable digital landscape, he said, critical infrastructure is at risk of debilitating attacks.

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Two days later, Colonial Pipeline, a major fuel pipeline connecting the East Coast, was hit in the largest known hack on U.S. energy infrastructure.

The incident, which instigated a shutdown of the pipeline, a panic-buying spree for gas and a price jump at the pump over the weekend, is one of the latest in a string of crippling ransomware attacks orchestrated by extortionary criminal organizations that mostly operate in foreign safe havens outside the grasps of America’s criminal justice system.

Experts say continued ransomware threats are inevitable, calling on businesses and governments to ramp up efforts to secure their online networks.

“Cybercriminals have been allowed to run amok while governments have mainly watched from the sidelines, unclear on whether cybercrime is a national security-level threat,” Krebs told lawmakers. “If there was any remaining doubt on that front, let’s dispense with it now: too many lives are at stake.”

What’s a ransomware attack?

Ransomware, a malicious computer code that hackers deploy to block an organization’s access to their own computer network to extort a ransom, is one of the most common forms of malware, experts say.

Hackers may barrage employees with phishing emails, convincing the user to download a file or visit an infected…

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