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Innovative Cybersecurity Efforts Strive to Protect Personal Data FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 9, 2021 /PRNewswire/ Cybersecurity has been an ongoing and major issue for business and governments over the years, and technology capabilities have only increased. As a result, an extensive layer of cybersecurity is now often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. The emergence of new technologies such as IoT, BYOD, AI, and machine learning is also a major factor contributing to the spike of hacks, as well as a mitigating factor. For example, adoption of M2M/IoT connections demands strengthened cyberse ....
Advancing Technology Helps Propel Cybersecurity to New Heights marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Advancing Technology Helps Propel Cybersecurity to New Heights FinancialBuzz.com News Commentary NEW YORK, Dec. 18, 2020 /PRNewswire/ Cybersecurity is a major industry with a largely untapped growth potential. The recent surge of data breaches, business and agency hacks as well an international scandal revolving around an unlawful access of new vaccine data are just some of the reminders of how fragile our information infrastructure is. In response to the hack attack on the European Medicines Agency, the European Union on Wednesday unveiled plans to upgrade the 27-nation bloc s dated cybersecurity rules. According to a report by the Associated Press, last year the E.U. recorded around 450 cyber incidents involving European infrastructure, notably in the financial and energy sectors, and the pandemic has highlighted Europe s deep dependence on the internet and further exposed security weaknesses. The time of innocence is over. We know that we are a target, Commission Vi ....