On June 27, 2024, IDC released new data revealing that worldwide revenue for security products reached $106.8 billion in 2023, marking a 15.6% increase from 2022. This growth spanned all six product categories, each achieving double-digit year-over-year increases. The largest category in 2023 was Network Security, with revenues totaling $27.4 billion. This included … [Read more...] about Double-Digit Revenue Growth for Security Products Forecast to Continue Through 2028
Akamai Completes Acquisition of API Security Company Noname
CAMBRIDGE, Mass., June 25, 2024 - Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announces the company has completed its acquisition of application programming interface (API) security company, Noname Security. On May 7, Akamai announced an agreement between the two parties for Akamai to acquire the company in exchange for … [Read more...] about Akamai Completes Acquisition of API Security Company Noname
New Cloudflare Report Shows Organizations Struggle with Outdated Security Approaches, While Online Threats Increase
Insights reveal record-breaking time-to-exploit of new zero-day vulnerability, largest DDoS attack in the history of the Internet, and increasing supply chain threats SAN FRANCISCO, June 25, 2024 - Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today published its State of Application Security 2024 Report. Findings from this year's report reveal that … [Read more...] about New Cloudflare Report Shows Organizations Struggle with Outdated Security Approaches, While Online Threats Increase
Adaptive Shield Announces Major ANZ Expansion to Bolster SaaS Security for Organizations
Grows presence in the region amid increasing cybersecurity threats on SaaS applications TEL AVIV, Israel & SYDNEY, June 23, 2024 - Adaptive Shield, the leader in SaaS security, today announced its official market expansion into Australia and New Zealand with the appointment of Kendal Watt as Regional Director. The launch of Adaptive Shield’s ANZ regional operations will … [Read more...] about Adaptive Shield Announces Major ANZ Expansion to Bolster SaaS Security for Organizations
The Russian cybersecurity software firm Kaspersky’s days of operating in the United States are now officially numbered
The Russian cybersecurity software firm Kaspersky's days of operating in the United States are now officially numbered. This development marks a significant shift in the landscape of cybersecurity and international business relations, driven by growing concerns over national security and the geopolitical tensions between the United States and Russia. Kaspersky, once a … [Read more...] about The Russian cybersecurity software firm Kaspersky’s days of operating in the United States are now officially numbered
Is the cybersecurity market saturated?
The cybersecurity industry is often perceived as saturated due to the sheer number of vendors, solutions, and services available. However, this perception does not fully capture the complexities and ongoing evolution within the field. The landscape of cybersecurity is vast and continuously expanding, driven by the relentless progression of technology and the corresponding … [Read more...] about Is the cybersecurity market saturated?
S3H.com Announces Exciting Cybersecurity Hackathon for Tech Innovators
3H.com, an emerging leader in the fields of Software, Support, Security, and Hardware, has announced an exciting cybersecurity hackathon aimed at fostering innovation and collaboration among tech enthusiasts and professionals. The hackathon, scheduled to take place next month, promises to be a vibrant confluence of ideas and expertise, drawing participants from diverse … [Read more...] about S3H.com Announces Exciting Cybersecurity Hackathon for Tech Innovators
European Businesses Anticipate More Cybersecurity Attacks, But Feel Unprepared for Them
New Cloudflare study reveals that 64% of business leaders expect a cybersecurity incident in the next 12 months, but only 29% feel highly prepared to defend against them LONDON, June 18, 2024 - Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today released a new study focused on cybersecurity in Europe. The report, called “Shielding the Future: … [Read more...] about European Businesses Anticipate More Cybersecurity Attacks, But Feel Unprepared for Them
The Rise of Cybersecurity Marketplace Platforms
As cyber threats continue to evolve in sophistication and frequency, the importance of robust cybersecurity measures has never been more paramount. Organizations migrating their operations to digital environments face a surge in demand for comprehensive security solutions. Cybersecurity marketplace platforms like Cloudflare and Checkpoint have revolutionized how businesses … [Read more...] about The Rise of Cybersecurity Marketplace Platforms
Leidos awarded $738 million U.S. Air Force cybersecurity and IT support contract
RESTON, Va., June 13, 2024 - Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a $738 million follow-on contract to provide enterprise information technology (IT) and telecommunications support, including cybersecurity, to Headquarters Air Force, Headquarters Space Force, Air Force District of Washington, and other Department of the Air Force … [Read more...] about Leidos awarded $738 million U.S. Air Force cybersecurity and IT support contract