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Cyber Security Market 2021 Growth, Size, Share, Trends | Market registering a CAGR of 12.0% by 2027

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Cyber Security Market

Cyber Security Market

The growing trend of digitization around the globe is expanding cyber security market size”

— Coherent Market Insights

NEW JERSEY, UNITED STATES, November 17, 2021 /EINPresswire.com/ — Description

The “”Global Cyber Security market Size, Status, and Forecast 2027″” study from CMI provides an overview of the global Cyber Security market. This section illuminates the primary impact-rendering factors and restrictions limiting expansion. It enables people to comprehend various flaws and how they may obstruct future growth. This section is one of the most important in the report since it explains how many macro and microeconomic factors affect growth. The research also discusses the role of several sectors in the expansion, including small-scale and large-scale operations. Furthermore, industry specialists have presented current trends and prospects that are expected to boost growth in the next years.

The global cyber security market was valued at US$ 1,02,859 million in 2019, witnessing a CAGR of 12.0% during the forecast period (2019-2027)

The growing use of cloud-based services for multiple workloads such as CRM, data backups, ERP, email services, and collaboration services is augmenting the growth of the cyber security market. Moreover, Cloud-based services are relatively less expensive and do not require IT infrastructure but are highly vulnerable which makes them easily accessible by illegal users. Thus this creating need for cybersecurity software. February 2017 for instance, IBM Corporation launched Watson for cybersecurity, which is augmented intelligence technology designed to enhance cognitive security at operation centers. The growing trend of digitization around the globe is encouraging enterprises to adopt cybersecurity facilities, thereby fostering the growth of the cyber security market.

Major Key players in this Market:

International Business Machine (IBM) Corporation, Dell EMC, Hewlett Packard Enterprise (HPE), Intel Corporation, Sophos, Symantec Corporation, McAfee, FireEye Incorporated, Cisco Systems, and Trend…

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eSIM Market worth USD 19.3 billion by 2027, registering a CAGR of 15.9% | Market Size, share and Opportunities

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eSIM Market

eSIM Market

Leading Company Profile : Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group”

— Coherent Market Insights

NEW JERSEY, UNITED STATES, November 17, 2021 /EINPresswire.com/ — Description

The “”Global eSIM market Size, Status, and Forecast 2027″” study from CMI provides an overview of the global eSIM market. This section illuminates the primary impact-rendering factors and restrictions limiting expansion. It enables people to comprehend various flaws and how they may obstruct future growth. This section is one of the most important in the report since it explains how many macro and microeconomic factors affect growth. The research also discusses the role of several sectors in the expansion, including small-scale and large-scale operations. Furthermore, industry specialists have presented current trends and prospects that are expected to boost growth in the next years.

The global eSIM market was valued at US$ 8.3 Bn in 2019 and is expected to reach US$ 19.3 Bn by 2027 at a CAGR of 15.9% between 2020 and 2027.

E-SIM cards are considered the global standard for SIM cards. They are widely used by mobile phone users all over the world and are considered a common standard. These cards can be easily and cheaply purchased from any of the leading mobile phone stores or they can also be acquired through GSM providers. When it comes to regional impact, North America seems to be gaining significant traction in the eSIM market. This is owing to the large presence of network providers and rapid technological advancements across the region. On the contrary, Asia Pacific is exhibiting positive signs due to growing adoption of IoT technology and growing demand for embedded connectivity vehicles in the region.

Major Key players in this Market:

Infineon Technologies AG, STMicroelectronics, Deutsche Telekom AG, Giesecke+Devrient Mobile Security GmbH, Thales Group, KORE Wireless, Arm Limited, Truphone Limited, Workz Group, Sierra Wireless, NXP Semiconductors, AT&T.

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KYC registering agency gets cyber vulnerability alert

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A team of cyber security researchers red-flagged last Wednesday a critical security issue in Sebi-registered KYC registering agency CDSL Ventures Limited (CVL), which it claimed, could be exploited for unauthorised access to sensitive personal and financial data of investors.

CVL is a wholly owned subsidiary of India’s largest securities depository Central Depository Services Limited. It facilitates centralised storing and safeguarding of investor information, provides fully digitised KYC services to market intermediaries and holds information of over 4 crore investors.

The vulnerability was fixed on Tuesday — a week after it was reported to CDSL, National Critical Information Infrastructure Protection Centre (NCIIPC) under National Technical Research Organisation, and CERT-In under the Ministry of Electronics and Information Technology (MEITY).

“Our researchers detected an authorisation vulnerability in one of the APIs (application programme interface) which allowed anyone capable of launching a malicious attack to retrieve extremely sensitive personal and financial information of around 4.39 crore investors who have obtained market securities KYC since 2005,” said Himanshu Pathak, founder of Chandigarh-based cyber security consultancy startup CyberX9.

When contacted, a CDSL spokesperson said in an email on Tuesday: “CDSL would like to clarify that there has been no security issue or data breach at CDSL. However, CVL has received a vulnerability alert on the website of CVL which has since been mitigated. There has been no data breach at CVL.” Emails seeking comment to SEBI, NCIIPC and CERT-In remained unanswered.

Investor KYC for market securities involves extended personal and financial data points — name, addresses, gender,
marital status, PAN, email, annual income, net worth, Demat account number, broker details, client ID etc, all of which were accessible at least until October 25 due to the authorisation vulnerability.

Access to KYC data can potentially enable malicious actors to launch customised attacks aimed at financial fraud, identity theft, extortion, impersonation etc. At another level, this dataset can also be used to disrupt the stock market through…

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The Cyber Warfare Market was valued at USD 33.01 billion in 2019, and it is expected to reach USD 102.63 billion by 2025, registering a CAGR of 21.16%, during the forecast period (2020 – 2025) – GlobeNewswire

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The Cyber Warfare Market was valued at USD 33.01 billion in 2019, and it is expected to reach USD 102.63 billion by 2025, registering a CAGR of 21.16%, during the forecast period (2020 – 2025)  GlobeNewswire
“cyber warfare news” – read more