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The Guardian: A CrowdStrike senior executive apologized for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.
Yahoo Finance: One of the main drivers contributing to the growth of the cybersecurity insurance market is the increasing number of cyberattacks, which escalate in frequency and become more sophisticated.
PR Newswire: Cybersecurity is the top technology priority for the vast majority of organizations, but moving from aspiration to reality requires a top-to-bottom commitment that many companies have yet to make, according to new research released today by CompTIA, the nonprofit association for the technology industry and workforce.
Dark Reading: The rising cost of cyberattacks, including downtime, investigations, lawsuits, ransoms, and more are prompting cyber insurers to re-examine underwriting and encourage greater cyber resiliency in their customer bases.
Forbes: Cybersecurity has become a pivotal business imperative, transcending mere technical challenges. While many organizations still view cybersecurity as an IT issue, the reality is that it fundamentally impacts every facet of a business, from reputation and customer trust to regulatory compliance.
GlobeNewswire: The Artificial Intelligence (AI) in cybersecurity solutions is projected to continue to have significant growth in next several years. The alarming rise in cyberattacks shows the urgent need for robust cybersecurity measures.
PR Newswire: "According to the latest BCC Research study, the demand for "Cybersecurity: Technologies and Global Markets" is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029."
Forbes: More than a quarter (27%) of organizations have banned internal GenAI use, according to Cisco's 2024 Data Privacy Benchmark Report. This is due mainly to concerns over privacy and security.
Cybersecurity Dive: The global cybersecurity workforce grew just 0.1% year-over-year to an estimated 5.5 million people, reflecting a stall in the sector for the first time since 2019, ISC2 said in a report.
Insurance Business: Insurers and asset managers worldwide are significantly increasing their investment in cybersecurity, according to a new survey by Moody’s.
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