Cybercrime

Global Cyber Insurance (Standalone, Packaged) Market Report 2022 - Increasing Media Coverage of Business Attacks Increased the Desire for Businesses to Secure Cyber Insurance Policies

Retrieved on: 
Wednesday, December 14, 2022
Cloud, Organization, Big data, Telecom, Stand-alone, Cyber insurance, Privacy, Saudi Telecom Company, SME, BFSI, Policy, Health care, COVID-19, Cybercrime, Artificial intelligence, Cloud computing, Growth, Allianz, Insurance, IOT, USD, Weapon, Risk management, Food industry

The Global Cyber Insurance Market was valued at USD 9.98 Billion in the year 2021.

Key Points: 
  • The Global Cyber Insurance Market was valued at USD 9.98 Billion in the year 2021.
  • In addition, the increasing media coverage of business attacks increased the desire for businesses to secure cyber insurance policies in the market.
  • Based on the Insurance Type segment, the Standalone segment is expected to hold the largest share in the Cyber Insurance market in the year 2027.
  • Americas region is estimated to have the maximum share in the global Cyber Insurance market followed by APAC & Europe.

BlackBerry/Make UK Research Reveals UK Manufacturing Sector Under Threat as Almost Half Suffer Cyberattack in the Last 12 Months

Retrieved on: 
Monday, December 5, 2022
Maintenance, Heart, Make UK, BlackBerry Limited, Internet, Human, BlackBerry, BB, Research, NYSE, HR, AI, Attack, Cybercrime, Growth, Safety, Engineering, Manufacturing, TSX, Health, Machine learning, IOT, Risk, Weapon, Medical device, EU, Computer security

Worryingly, the majority (54%) decided not to take any further cybersecurity action despite adopting new technologies to boost production.

Key Points: 
  • Worryingly, the majority (54%) decided not to take any further cybersecurity action despite adopting new technologies to boost production.
  • UK manufacturers face a battery of cybersecurity risks, ranging from simple employee error to complex targeted attacks.
  • The research also found that production stoppages were the most common result of a cyberattack (65%), with reputational damage ranking second (43%).
  • Make UK, the manufacturers' organisation, is the representative voice of UK manufacturing, with offices in London, Brussels, every English region and Wales.

Kaspersky predicts shifts in threat landscape to industrial control systems in 2023

Retrieved on: 
Tuesday, November 22, 2022
Statistics, Software, Growth, Organization, International law, Cybercrime, APTS, Kaspersky Lab, Head, Disclosure, Attack, KSB, Risk, DLL, Transport, Government, Computerized maintenance management system, ICS, APT, Series, Agriculture, CNC, Intelligence, OT, CMMS, Risk management

Kaspersky experts predict a shift in advanced persistent threat (APT) activity against industrial organizations and OT systems in new industries and locations.

Key Points: 
  • Kaspersky experts predict a shift in advanced persistent threat (APT) activity against industrial organizations and OT systems in new industries and locations.
  • Moreover, traditional targets such as the military industrial complex and the government sector will also remain a focus.
  • This trend is supported by the statistics of attacks on Computerized Maintenance Management Systems (CMMS) in the first half of 2022.
  • Over 400 million users are protected by Kaspersky technologies and we help 240,000 corporate clients protect what matters most to them.

MaiVERIC Releases Advanced License Plate Recognition System for Law Enforcement

Retrieved on: 
Thursday, November 17, 2022
Information technology, Astrometry, Collection, Orange County Sheriff's Department (California), Maintenance, Senate, Safety, Privacy, Assistant, Report, San Francisco Bay Area, Data visualization, Intelligence, Law enforcement, Software as a service, Orange County Sheriff's Department, Cybercrime, Cryptocurrency

WALNUT CREEK, Calif., Nov. 17, 2022 /PRNewswire-PRWeb/ -- Today, MaiVERIC is announcing the general release of its AstroMetrics software application for public safety agencies (https://www.maiveric.com/astrometrics). AstroMetrics is a state-of-the-art SaaS solution that indexes millions of license plate records per day and allows law enforcement investigators to quickly retrieve actionable evidence to solve cases and increase public safety in the communities they serve.

Key Points: 
  • WALNUT CREEK, Calif., Nov. 17, 2022 /PRNewswire-PRWeb/ -- Today, MaiVERIC is announcing the general release of its AstroMetrics software application for public safety agencies ( https://www.maiveric.com/astrometrics ).
  • AstroMetrics is a state-of-the-art SaaS solution that indexes millions of license plate records per day and allows law enforcement investigators to quickly retrieve actionable evidence to solve cases and increase public safety in the communities they serve.
  • MaiVERIC's AstroMetrics aggregates records from multiple Automatic License Plate Recognition Systems (commonly known as ALPRS), including those from the leading camera vendors in North America, allowing law enforcement agencies across city and county lines to share their respective datasets and enhance the effectiveness of their stand-alone systems.
  • The application's web-based interface offers users advanced search capabilities, data visualization tools, and the ability to generate case reports and email alerts.

Darktrace Sees Strong Demand for PREVENT Products as Organizations Seek Proactive Cyber Security Solutions

Retrieved on: 
Monday, November 14, 2022
Information technology, Ecosystem, Prophase, Technology, Face, IDC, ROI, International Data Group, Environment, Knowledge, Organization, City, History, Ciso Morales, CIO, Research, EVP, Cybercrime, Patent, Biotechnology, Former, Effect, CEO, NASDAQ, TIME, International Multilateral Partnership Against Cyber Threats, AI, Sellen Construction, Central Intelligence Agency, My Life, Telecommunication, Solution, Weapon, Medical device, Risk management, Darktrace, The Hague

CAMBRIDGE, England, Nov. 14, 2022 /PRNewswire/ --Darktrace, a global leader in cyber security artificial intelligence (AI), today announced strong demand for its new Darktrace PREVENTproduct family as organizations seek to prevent cyber-attacks, rather than waiting for breaches to happen.

Key Points: 
  • CAMBRIDGE, England, Nov. 14, 2022 /PRNewswire/ --Darktrace, a global leader in cyber security artificial intelligence (AI), today announced strong demand for its new Darktrace PREVENTproduct family as organizations seek to prevent cyber-attacks, rather than waiting for breaches to happen.
  • It represents a fundamental shift in cyber-security, putting security teams on the front foot as they seek to protect their organizations and build cyber resilience."
  • Demand for Darktrace PREVENT clearly reflects a more determined focus among CISOs on solutions that empower them to be proactive and to take action before their systems are breached.
  • Darktrace employs over 2,100 people around the world and protects over 7,700 organizations globally from advanced cyber-threats.

Darktrace Sees Strong Demand for PREVENT Products as Organizations Seek Proactive Cyber Security Solutions

Retrieved on: 
Monday, November 14, 2022
Information technology, Ecosystem, Prophase, Technology, Face, IDC, ROI, International Data Group, Environment, Knowledge, Organization, City, History, Ciso Morales, CIO, Research, EVP, Cybercrime, Patent, Biotechnology, Former, Effect, CEO, NASDAQ, TIME, International Multilateral Partnership Against Cyber Threats, AI, Sellen Construction, Central Intelligence Agency, My Life, Telecommunication, Solution, Weapon, Medical device, Risk management, Darktrace, The Hague

CAMBRIDGE, England, Nov. 14, 2022 /PRNewswire/ --Darktrace, a global leader in cyber security artificial intelligence (AI), today announced strong demand for its new Darktrace PREVENTproduct family as organizations seek to prevent cyber-attacks, rather than waiting for breaches to happen.

Key Points: 
  • CAMBRIDGE, England, Nov. 14, 2022 /PRNewswire/ --Darktrace, a global leader in cyber security artificial intelligence (AI), today announced strong demand for its new Darktrace PREVENTproduct family as organizations seek to prevent cyber-attacks, rather than waiting for breaches to happen.
  • It represents a fundamental shift in cyber-security, putting security teams on the front foot as they seek to protect their organizations and build cyber resilience."
  • Demand for Darktrace PREVENT clearly reflects a more determined focus among CISOs on solutions that empower them to be proactive and to take action before their systems are breached.
  • Darktrace employs over 2,100 people around the world and protects over 7,700 organizations globally from advanced cyber-threats.

Cyber-Attacks on the Rise for Businesses Post-Pandemic (US, Canada & UK)

Retrieved on: 
Tuesday, November 8, 2022
Organization, ACFE, Industry, Institute, BBC, Shawn, University, RIMS, Institute of Internal Auditors, Business, Intelligence, IAPP, Cybercrime, Radio, Sirius XM, Privacy, Privacy Commissioner, Heel, Advisory board, Pedigree, Melito of Sardis, Auditor, Cyberattack, International Association of Privacy Professionals, International Association, CEO, Private investigator, Weapon, Health care

TORONTO and MIAMI, Nov. 8, 2022 /PRNewswire/ -- Daniel Tobok, CEO of CYPFER, announced the appointment of yet another veteran cyber intelligence leader, Mr. Shawn Melito, to the CYPFER executive team as Managing Director to CYPFER.

Key Points: 
  • "Cyberattacks are thriving in today's geo-political and economic realities, with an unsurpassed increase in both frequency and financial toll," says Tobok.
  • The BBC recently reported, "cyber-attacks on many firms are increasingly becoming the US economy's 'Achilles heel'."
  • The risk profile and exposure dramatically increased during the pandemic while many people worked online and accessed work files remotely.
  • Their expert team of cybersecurity professionals works with several prominent global insurance carriers, leading law firms and Fortune 1000 organizations.

FortiGuard Labs Predicts the Convergence of Advanced Persistent Threat Methods with Cybercrime

Retrieved on: 
Monday, November 7, 2022
Facial recognition, Education, Education outreach, Internet, Computer security, Machine learning, EDR, AR, Prevalence, CAAS, Hunting, Blog, Ciso Morales, Solution, Wiper, Face, Deception, Awareness, PII, Growth, Cybercrime, Robot as a service, TAA, Fortinet, Research, Wiper (malware), Sale, AI, Method, Automation, Artificial intelligence, Non-fungible token, Global Outbreak Alert and Response Network, Certification, Organization, NSE, Time, Algorithm, Industry, Network, VR, Laas, Collection, Intelligence, Attack, NASDAQ, DRP, News, Risk management, Cryptocurrency, Medical device

Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, FortiGuard Labs

Key Points: 
  • Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, FortiGuard Labs
    As cybercrime converges with advanced persistent threat methods, cybercriminals are finding ways to weaponize new technologies at scale to enable more disruption and destruction.
  • One of the most important methods to defend against these developments is cybersecurity awareness education and training .
  • The world of cybercrime and the attack methods of cyber adversaries in general continue to scale at great speed.
  • Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts , which provide timely steps to mitigate breaking cybersecurity attacks.

Rubrik Zero Labs Research Reveals One Third of Organizations Forced to Change Leadership as a Result of a Cyberattack

Retrieved on: 
Friday, November 4, 2022
Zero, Cloud, VPS, Organization, Research, CIOS, GLOBE, Director, Software as a service, PALO, Trusted Data Format, Machine learning, Attack, Cybercrime, Crime, Secop, Security, Anxiety, Weight, News, CISO-FM, Trust, CISA, Risk management, Online shopping, Public relations, Rubrik

The findings exposed rising security risks for organizations, resulting in widespread damage to organizations and their IT and security teams.

Key Points: 
  • The findings exposed rising security risks for organizations, resulting in widespread damage to organizations and their IT and security teams.
  • Only 5% of organizations were able to return to business continuity or normal operations within one hour of discovering a cyberattack.
  • Its clear from this research that cyberattacks continue to produce large impacts against global organizations and the effects are compounding, said Steven Stone, Head of Rubrik Zero Labs.
  • We pioneered Zero Trust Data Security to help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions.

Penetration Testing Market to Garner $5.3 Bn, Globally, by 2031 at 13.1% CAGR, Says Allied Market Research

Retrieved on: 
Friday, November 4, 2022
Cloud, Awareness, James Cullen (PTAA), Growth, Small and medium-sized enterprises, Solution, CAGR, Industry, Component, Government, Work, BFSI, Efficiency, SME, Table, Automation, Cybercrime, COVID-19, Artificial intelligence, Machine learning, Organization, Adoption, PDF, Energy and Utility Skills, Cloud computing, Telecom, Defense, Renewable energy, Medical device, Health care, Manufacturing

PORTLAND, Ore., Nov. 4, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Penetration Testing Market by Component (Solution, Services), by Deployment Mode (On-Premise, Cloud), by Testing Type (Network Penetration Testing, Application Penetraiton Testing, Social Engineering Tests, Cloud Penetration Testing, Others), by Organization Size (Large Enterprise, Small and Medium Enterprise), by Industry Vertical (BFSI, Manufacturing, Healthcare, Government and Defense, Energy and Utilities, Retail and E-commerce, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global penetration testing industry was pegged at $1.6 billion in 2021, and is expected to reach $5.3 billion by 2031, growing at a CAGR of 13.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario.

Key Points: 
  • Rise in number of data centers and high adoption of cloud computing solutions and services have boosted the growth of the global penetration testing market.
  • As per the report, the global penetration testing industry was pegged at $1.6 billion in 2021, and is expected to reach $5.3 billion by 2031, growing at a CAGR of 13.1% from 2022 to 2031.
  • The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario.
  • Furthermore, strict government regulations to boost adoption of penetration testing solutions supplemented the market growth.