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BNN Bloomberg: Companies that make security software have turned out to be a relative bright spot in this year’s stock market meltdown, favored by both traders and firms looking to make acquisitions.
Hedge Week: Unfortunately, there is no black box, single hire or other singular silver bullet solution that will solve the cybersecurity challenge by itself. So organisations need to be prepared by having an array of multiple solutions and tools at their disposal to defend against, respond to and remediate a potential attack.
Business Wire: LastPass today released findings from its fifth annual Psychology of Password findings, which revealed even with cybersecurity education on the rise, password hygiene has not improved. Regardless of generational differences across Boomers, Millennials and Gen Z, the research shows a false sense of password security given current behaviors across the board.
Financier Worldwide: Amid ongoing economic and geopolitical challenges, the cyber security sector remains strong, according to a new report from ICON Corporate Finance.
Global Newswire: AI-powered systems can be set up to automatically respond to dangers and combat online threats more quickly. Analyzing and improving cyber risks as well as cyber-attacks is no more a task on a human scale as the business attack surface develops and changes. To accurately quantify risk, up to highly-varying signals must be handled, based on the scale of the organization.
S&P Global: Global cybersecurity transaction volume dropped to 33 deals between July 1 and Sept. 30, compared to 45 deals in the second quarter and 58 in the third quarter of 2021, according to data from 451 Research.
ZDNet: While Google, Microsoft and Apple roll out passwordless passkey functionality for their platforms, most people are still dependent on passwords.
Dark Reading: A new survey shows Generation Z and millennials, younger workers who have grown up as digital natives, are surprisingly more careless about their employer's cybersecurity than their senior Gen X and baby boomer colleagues.
BNN Bloomberg: At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc.
Dark Reading: Though funding activity this year is somewhat slower than in 2021 and market valuations of cybersecurity firms have taken a hit, mergers and acquisitions activity has remained strong through the year, as has investor interest in the sector.
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