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Showing posts with the label ransomware

Digital Transformation for the Oil and Gas Sector

The savvy CEOs of multinational organizations will accelerate their investment in digital transformation projects in 2022, and beyond, to improve their competitiveness. Every industry leader that is forward-looking will act swiftly to grasp the upside opportunity. Global oil & gas companies face a myriad of operational, commercial, and existential security threats. According to the latest worldwide market study by ABI Research, oil & gas firms apply digitalization to combat these threats and will spend $15.6 billion on digital technologies by 2030. Oil & Gas Digital Apps Market Development Investments in digitalization can help to analyze a supply pipeline’s condition, prepare for fluctuations in the changing prices for oil and gas, as well as aid action plans to create more sustainable operations and transfer to producing renewable energy sources. "Safety and Security are top priorities for oil & gas operators. Data analytics allied with IoT platforms have become ...

Public Cloud Drives Demand for Cybersecurity Solutions

Ongoing investment in cybersecurity solutions continues to grow. According to the latest worldwide market study by Canalys, cybersecurity solutions for public cloud and 'as a service' accelerated in the first quarter of 2019. Those deployment models collectively grew 46 percent year-on-year. These type of solutions accounted for 17.6 percent of the total cybersecurity market value -- that's up from 13.8 percent in the same period a year ago. Virtual security appliances and agent solutions also grew significantly, up by 18.2 percent on an annual basis. Cybersecurity Solutions Market Development Traditional security hardware and software deployments still dominate, representing almost 75 percent of the total market. Both deployment models continued to grow but at a slower rate of just over 8 percent. This growth highlights the ongoing transition in cybersecurity solutions, as organizations look to protect more data assets and workloads located in the public cloud. Mor...

Digital Trust is a Valuable Commercial Asset in 2017

As more commercial transaction infrastructure moves online, so do the criminals that seek to destroy or defraud that same business resource. Cyber crime is a growing threat to corporations across the globe, who are increasingly using digital commerce methods to operate their enterprise. With the advent of the mobile internet and an expected 46 trillion connected devices in use by 2021, the growing concern about cyber criminal activity will become commonplace. Therefore, demand for enterprise IT security solutions have increased rapidly, and requests for employee training programs. Put simply, Digital Trust is a valuable commercial asset that CEOs and their CIOs must protect. That's why more executive leadership teams are being asked to describe their ongoing security plans to the board of directors of public companies. Enterprise Security Market Development According to the latest worldwide market study by Juniper Research, criminal data breaches will cost businesses a tota...