Tag Archive for: Revenue

Global Crypto Trading Platforms Market Size and Shars to Generate A Revenue Of USD 675 Million By 2028 – Zion


Global Crypto Trading Platforms Market Size Analysis

Global Crypto Trading Platforms Market Size Analysis

Crypto Trading Platforms Market - Zion Market Research

Crypto Trading Platforms Market – Zion Market Research

The global crypto trading platforms market size was worth around USD 329.6 million in 2021 and a compound annual growth rate (CAGR) of 12.8% between 2022- 2028.

The report analyzes the global crypto trading platforms market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period 2022-2028”

— Zion Market Research

SUITE N202, NEW YORK, UNITED STATES, December 14, 2022 /EINPresswire.com/ — The global crypto trading platforms market may register higher growth owing to these platforms receiving funds from leading fintech companies. In August 2021, PNC bank announced that it will be partnering with Coinbase which is a leading crypto trading platform. PNC is the fifth largest commercial bank in the USA and Coinbase is an American publicly traded company that facilitates cryptocurrency exchange and trade. Such partnerships are expected to aid the upcoming digital money-related platforms to penetrate deeper thus propelling global market share. A large section of the world’s population is now using cryptocurrencies and the number is expected to grow further in the coming years. Bitcoin, the world’s most famous cryptocurrency exchange platform has over 180 million users as of 2022. India has registered more than 15 million users in a short span of time. Nigeria, a developing economy boasts of 6.3% of its total population being registered as cryptocurrency users. These high numbers are indicative of the popularity of crypto trading platforms globally.

The ambiguity surrounding the understanding of cryptocurrency may impede the global market growth. The backing received from established firms is expected to provide growth opportunities in the global market. The security concerns related to digital money may create challenges for market growth. The global crypto trading platforms market is led by players like Bitstamp, FTX, Coinbase, eToro, AirSwap, BlockFi, and Binance.

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UK cyber security sector sets new records for revenue and job creation


The UK’s cyber security sector continued to grow last year, with revenue up 14 per cent and new job creation rising by more than 6,000, according to the Government’s Cyber Security Sectoral Analysis 2022 report, released last week.

Since 2018, the annual Cyber Security Sectoral Analysis report has tracked the growth of the UK cyber security sector, highlighting the impressive performance of British companies.

The latest research provides the most recent data on the number of firms operating in the UK cyber security sector, the products and services they offer, the number of people employed, and the sector’s overall contribution to the British economy.

2021 was a record year for external investment in the sector, with companies cross the UK raising over £1 billion across 84 deals.

Among those firms are Bristol-based Immersive Labs and London-based Tessian, both which raised more than £50 million.

The cyber security sector contributed about £5.3 billion to the UK economy last year, up from £4 billion in 2020 – the highest growth since analysis began in 2018. Revenue surpassed £10 billion for the first time.

Employment in the industry rose 13 per cent and the sector created over 6,000 new jobs, raising the overall number of people working in the UK cyber security sector to 52,700.

The number of active cyber security firms in the country increased to 1,838, more than half of which are based outside of London and the South East.

The East Midlands and North East regions are now showing the highest growth in cyber security.

“Over the last decade, we have established the UK as a cyber power, through building cutting-edge cyber security capabilities, and significant growth in our cyber security sector,” said Julia Lopez MP, minister of state for media, data, and digital infrastructure.

“We know that work must continue to ensure the UK remains resilient and prosperous, and that this is shared across all parts of the country as part of the Levelling Up agenda. We have therefore continued to support investment, skills, and collaboration across the cyber security ecosystem.”

Digital secretary Nadine Dorries said the Government has been “investing in skills training and business…

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Canada Revenue Agency, other government departments take some services offline due to security ‘vulnerability’


A number of government departments have taken some services offline as a preventative measure following the discovery of a software flaw that Defence Minister Anita Anand  says “has the potential to be used by bad actors.”

Groups using the popular Apache Log4J system should “pay attention to this critical, internet vulnerability affecting organizations across the globe,” Anand said in a statement.

“Given the critical nature of this vulnerability and reports of active exploitation, we are urging Canadian organizations of all types to follow the recommended guidance,” she said, adding any incidents should be reported to the Canadian Centre for Cyber Security, part of the Communications Security Establishment.

On Friday the Canada Revenue Agency took some services offline as a precaution after it learned of a global security vulnerability. It says there is no indication its systems have been compromised or that there was any unauthorized access to taxpayer information. 

Quebec shut down nearly 4,000 government sites

Over the weekend, Quebec shut down close to 4,000 government websites out of precaution, including those related to health, education and public administration.

Éric Caire, Quebec’s minister for government digital transformation, said Sunday there is no indication the government was the victim of a successful cyber attack.

“Out of an abundance of caution, some departments have taken their services offline while any potential vulnerabilities are assessed and mitigated,” said Anand.

“At this point, we have no indication these vulnerabilities have been exploited on government servers.”

‘People are scrambling to patch’

The vulnerability — located in open-source software used to run websites and other web services — has been described as one the worst computer vulnerability discovered in years.

Unless it’s patched, it allows grants hackers access to impose code, meaning they could steal valuable data and unleash malware.

“The internet’s on fire right now,” Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike, told The Associated Press.

“People are scrambling to patch,” he said, “and all kinds of people…

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Canada Revenue Agency shuts down online services over global ‘security vulnerability’ – National


The Canada Revenue Agency says it has taken its online services offline after it learned of a possible security threat.

The agency says on its website that it became aware of a “security vulnerability affecting organizations around the world” and decided to take services offline as a precaution.

Read more:

CRA encourages flood-impacted Canadians to apply for taxpayer relief

It says there is no indication the agency’s systems have been compromised, or that there was any unauthorized access to taxpayer information.

Further details about the nature of the security vulnerability weren’t provided, but on Friday, it was reported that a flaw was uncovered in a utility that’s ubiquitous in cloud servers and enterprise software used across industry and government.


Click to play video: 'CRA locks out over 800,000 online accounts'



CRA locks out over 800,000 online accounts


CRA locks out over 800,000 online accounts – Mar 13, 2021

Cybersecurity firms said companies and governments were scrambling to patch their systems, with some calling it the worst computer vulnerability in years.

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The CRA says it is working to secure its systems and apologizes for the inconvenience.

“We understand that this interruption may be inconvenient to some Canadians. Our services will be available as soon as possible,” the agency said on its website Saturday.


Click to play video: 'Canada Revenue Agency shuts out some taxpayers'



Canada Revenue Agency shuts out some taxpayers


Canada Revenue Agency shuts out some taxpayers – Feb 17, 2021

Meanwhile, southern Ontario transit agency Metrolinx said the GO Transit website had been brought back online Saturday after a 17-hour outage…

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