CyberSaint announced new updates to its flagship CyberStrong platform allowing customers to identify, measure, and dynamically manage IT and cybersecurity risks along the risk management lifecycle. These updates reinforce CyberSaint’s mission to enable organizations to manage cybersecurity as a business function by enabling agility, measurement, and automation across risk, compliance, audit, vendor, and governance functions…

The average $5 billion company incurs delays of roughly 5 weeks per year in new product launches due to missed risks, with a $99 million opportunity cost, according to Gartner. Opportunity costs from missing risks A survey of more than 382 strategic initiative leaders quantified the cost of missing risks in strategic initiatives. For an…

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, non-cloud, infrastructure plunged 16.3% year over year, according to IDC. Pandemic as the major factor driving infrastructure spending The broadening…

5G adoption, security and worldwide market trends

With 5G adoption ramping up all over the world, we sat down with Chris Pearson, President of 5G Americas, to learn more about the current 5G landscape. 5G Americas is an industry trade organization composed of leading telecommunications service providers and manufacturers like Samsung, AT&T, Intel, Ericsson, Qualcomm and T-Mobile. What’s your take on the…

Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering growth of Ponzi schemes, exit scams, and misappropriation of funds crimes, the value of which rose 533 percent year over year….

The European cybersecurity market is determined to exceed $65 billion by 2025, according to Graphical Research. This growth is attributed to strong government initiatives to promote data safety and hefty investments in cybersecurity solutions. Industry sectors and cybersecurity The increasing cases of data breaches and cyber attacks on critical business infrastructure have driven several business…