[December 30, 2020]
FinancialBuzz.com News Commentary
NEW YORK, Dec. 30, 2020 /PRNewswire/  Nowadays, an extensive layer of cybersafety is 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. Currently, though, the latest Russian hack, which is being called the largest act of espionage in U.S. history, is being analyzed by experts and cybersecurity firms to determine the magnitude of the threat. According to a report by the Associated Press, the hack compromised federal agencies and critical infrastructure in a sophisticated attack that was hard to detect and will be difficult to undo, the Cybersecurity and Infrastructure Security Agency said in an unusual warning message.
Advancing Technology Helps Propel Cybersecurity to New Heights
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Plurilock Security Inc.: Plurilock Security Provides Corporate Update
Plurilock or the
Company ), an innovative cybersecurity company that provides frictionless and continuous authentication using machine learning and behavioral biometrics, is pleased to provide the following corporate update for the fourth quarter of 2020.
Industry Outlook
Cybersecurity is a crucial element for organizations with deep security needs such as healthcare and financial services companies. Given the nature of recent cyberattacks that target these organizations, the need for advanced cybersecurity solutions will increase and according to Cyber Security Ventures, Global Cybersecurity spending is predicted to exceed $1 Trillion USD from 2017-2021
1.
In preparation for the anticipated growth in the cybersecurity sector, Plurilock has made some key developments since going public this year to address and capitalize on this global opportunity.
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 Vice-Presid
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