With the advent of cloud services and the proliferation of high end mobile devices (think iOS devices and Android phones), the workforce is moving inexorably to a mobile one where managers and employees are no longer tied to the office. What initially started as a movement to the mobile phone/tablet work style has spilled over…

Cost of data breaches to surpass $5 trillion in 2024

A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost…

The challenge of securing data has seen a dramatic shift in complexity in recent years due to an increasing number of threats frequently appearing. However, this complexity will always be an addressable and scalable issue with the right solution in place. Additionally, the rapid advent of new and evolving technologies is presenting opportunities where organizations…

Among organizations that engage third parties to provide business services, 83% identified third-party risks after conducting due diligence and before recertification, according to Gartner. Gartner’s survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today’s landscape of fast-paced, rapidly changing business…

Accelerating demand for embedded security in industrial and automotive segments is driving the market for technologies such as secure microcontrollers (MCU) and trusted platform modules (TPM). ABI Research forecasts that total global shipments of secure embedded hardware will double by 2023, surpassing the 4 billion mark. TPMs are finally gaining momentum, notably in new industrial…

While digital transformation helps companies work smarter, there is a risk that the ongoing digitization may unlock a host of security vulnerabilities that can cost companies money, time, intellectual property, and customer trust, according to a Canon survey. All organizations surveyed across a range of verticals experienced an alarming amount of cyber threats over the…