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
News
Infinidat Revolutionizes Enterprise Cyber Storage Protection to Reduce Ransomware and Malware Threat Windows
Waltham, Massachusetts, June 27th, 2024, CyberNewsWireInfinidat, a leading provider of enterprise storage solutions, has introduced a new automated cyber resiliency and recovery solution that will revolutionize how enterprises can minimize the impact of ransomware and malware attacks. Infinidat’s InfiniSafe® Automated Cyber Protection (ACP) is a first-of-its-kind cybersecurity … [Read more...] about Infinidat Revolutionizes Enterprise Cyber Storage Protection to Reduce Ransomware and Malware Threat Windows
FireTail Unveils Free Access for All to Cutting-Edge API Security Platform
McLean, United States of America, June 26th, 2024, CyberNewsWireFireTail announces a free version of its enterprise-level API security tools, making them accessible to developers and organizations of all sizes.FireTail's unique combination of open-source code libraries, inline API call evaluation, security posture management, and centralized audit trails helps eliminate … [Read more...] about FireTail Unveils Free Access for All to Cutting-Edge API Security Platform
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New Cloudflare Report Shows Organizations Struggle with Outdated Security Approaches, While Online Threats Increase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
Cyber A.I. Group Announces the Engagement of Walter L. Hughes as Chief Executive Officer
Miami, United States, June 20th, 2024, CyberNewsWireHighly Successful Technology Executive to Drive Growth in the Cybersecurity and IT Services Sectors Cyber A.I. Group, Inc., an early stage cybersecurity, A.I. and IT services company, announced today the engagement of Walter L. Hughes as Chief Executive Officer. The announcement was made by A.J. Cervantes, Jr., Executive … [Read more...] about Cyber A.I. Group Announces the Engagement of Walter L. Hughes as Chief Executive Officer
1inch partners with Blockaid to enhance Web3 security through the 1inch Shield
Dubai, UAE, June 20th, 2024, CyberNewsWire1inch, a leading DeFi aggregator that provides advanced security solutions to users across the entire space, has announced today the launch of the 1inch Shield. This solution, that is offering enhanced protection against a wide range of potential threats, was completed in partnership with Blockaid, a major provider of Web3 security … [Read more...] about 1inch partners with Blockaid to enhance Web3 security through the 1inch Shield
INE Security: Optimizing Teams for AI and Cybersecurity
Cary, United States, June 20th, 2024, CyberNewsWire2024 is rapidly shaping up to be a defining year in generative AI. While 2023 saw its emergence as a potent new technology, business leaders are now grappling with how to best leverage its transformative power to grow efficiency, security, and revenue. With the near-universal integration of AI into global technology, the need … [Read more...] about INE Security: Optimizing Teams for AI and Cybersecurity