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Forbes: In an era defined by digital transformation and escalating cyber threats, the role of cybersecurity has become ubiquitous. Today, no serious business can do without firewalls to prevent unauthorized access, encryption to protect digital assets or intrusion detection systems to prevent data breaches.
Bleeping Computer: Ransomware actors have had a rough start this year, as stats from cybersecurity firm Coveware show companies are increasingly refusing to pay extortion demands, leading to a record low of 28% of companies paying ransom in the first quarter of 2024.
Crunchbase: Venture funding overall was still sluggish, but cybersecurity startups saw some love from investors in the first quarter of 2024. To be sure, this is not the salad days of 2021 — cybersecurity funding was still down year to year — but the sector saw its best funding quarter in three quarters.
MSN: The World Cybercrime Index has been published in journal Plos One following three years of research by academics from the University of Oxford and the University of New South Wales (UNSW) Canberra.
Yahoo Finance: Cyber attacks are becoming so frequent, malicious and costly that they risk triggering bank runs, according to the International Monetary Fund (IMF). The Fund warned that rising cyber threats now posed “serious concerns for financial stability” and could push companies into insolvency.
Forbes: Every day, we hear from government and company leaders asking how they can best leverage artificial intelligence (AI) and machine learning (ML) for improved cybersecurity outcomes—and for protection against more sophisticated attacks created by bad actors using AI.
StreetInsider: A growing number of cyber-attacks owing to the proliferation of e-commerce platforms, emergence of smart devices, and deployment of cloud are some key factors propelling Cybersecurity Market growth.
PR Newswire: Corsica Technologies, a leader in Cybersecurity and IT Managed Services, has released an illuminating study that sheds light on the current landscape of technology outsourcing in midmarket companies.
PR Newswire: Lockchain.ai, the AI-powered Blockchain Risk Management platform, has announced its official launch from stealth to bring automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.
Forbes: Choosing a bank means more than just giving it money. Consumers must trust the institution to protect not only their financial assets, but also keep their Social Security numbers, passwords, dates of birth, and other sensitive data away from hackers.
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