The global cyber-crime-based economy has become a self-sustaining system and oversees the theft, laundering, spending, and reinvesting of £1.07 trillion by cyber-criminals across the globe, a study by Bromium has revealed.
Some 78 percent of organisations polled The Thales 2018 Data Threat Report plan on increasing their IT security spending in 2018, up from 73 percent globally in 2017, and including nearly 86 percent of US organisations.
IDC analysts are forecasting that by the year 2020, spending on security products will hit US$100 billion.
High-Tech Bridge CEO Ilia Kolochenko advised a crowd at today's FT Cyber-Summit that we should all "keep is simple", as most breaches happen due to "obvious" mistakes.
Eighty-nine percent of UK organisations feel somewhat or more vulnerable than they have been in the past to internal and external threats to sensitive data.
A new study from US-based research firm CBI Insights reveals that corporate cyber security investments have risen five-fold since 2009, with 30 percent growth in the last year alone.
Almost half the UK's top businesses have increased their cyber security spending in the wake of recent high-profile attacks like those on US retailer Target, according to new research.
Have you ever wondered why the chief information security officer or head of information security is often ostracised by the CFO/CIO/CEO during the budget allocation period?
The future of encryption and key management is safe, according to Thales and the Ponemon Institute.