IDG Contributor Network: Grid security insights for 2017: Pressure mounts to prevent physical attacks

As we close out 2016 and look forward to 2017, it seems appropriate to pause a moment and provide some grid security predictions for the new year. Predictions based on trends, insight, and understanding can arm security programs with the knowledge needed to test policies, exercise physical protection systems, and allocate corporate funds for resources….

Top 4 global security threats businesses will face in 2017

While the political, social and economic implications are not fully clear, gigabit connectivity represents a significant overnight leap forward. This will enable the IoT and a new class of applications to emerge that will “exploit the combination of big data, GPS location, weather, personal-health monitoring devices, industrial production and much more. Connectivity is now so…

McAfee Labs predicts 14 security developments for 2017

Intel Security released its McAfee Labs 2017 Threats Predictions Report, which identifies 14 threat trends to watch in 2017. “To change the rules of the game between attackers and defenders, we need to neutralize our adversaries’ greatest advantages,” said Vincent Weafer, vice president of Intel Security’s McAfee Labs. “As a new defensive technique is developed,…

How security collaboration will prove vital in 2017

The escalation of high-profile hacking and data dumps recently has underscored the increasing boldness of digital threat actors, culminating in July’s Democratic National Committee email leak and its ripple effect through American politics. The group behind the hack and its attack patterns were known, and yet the attack was not thwarted, leaving many questions as…

US election day faces specter of cyberattacks

Don’t be surprised if hackers make their presence felt on U.S. Election Day. Distributed denial-of-service attacks and high-profile leaks are among the tactics they might use if they try to influence Tuesday’s vote. Cybersecurity experts stress it would be incredibly difficult to hack the U.S. election. The system itself is distributed across the country over thousands…

Cognitive systems and artificial intelligence revenues to reach $47 billion in 2020

Widespread adoption of cognitive systems and artificial intelligence (AI) across a broad range of industries will drive worldwide revenues from nearly $8 billion in 2016 to more than $47 billion in 2020. According to IDC, the market for cognitive/AI solutions will experience a CAGR of 55.1% over the 2016-2020 forecast period. “Software developers and end…

Healthcare industry is the bullseye for hackers in 2017

Healthcare is the most cyber attacked industry according to the 2016 IBM X-Force Cyber Security Intelligence Index. In the same report just a year ago — when financial services held the top spot — healthcare wasn’t even in the top six. The IBM report states that more than 100 million patient records globally were breached last…

Cybercrime not slowing down anytime soon

In Q3 2016, cybercriminals were increasingly more ingenious, using innovative technologies and new tools to spread their wares. This is confirmed by the 18 million new malware samples captured by PandaLabs in this quarter alone, an average of 200,000 each day. Measuring cybercrime is very complex. Cybersecurity professionals who combat these threats on a daily…

Cybersecurity Industry Outlook: 2017 to 2021

In 2004, the global cybersecurity market was worth $3.5 billion — and by 2017 it will be worth at least 35X that amount, according to numerous estimates from market researchers and analysts. Cybersecurity is one of the fastest growing and largest technology sectors. Four predictions from Cybersecurity Ventures frame the cybersecurity economy over the next…