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Crunchbase: Venture funding to cybersecurity startups had its best quarter since Q1 2022 — surging 144% year to year — and seemingly building off a strong start to the year.
Advisor.ca: Ticketmaster’s recent data security incident, which potentially compromised the personal information of millions of people, is a poignant reminder of the need for individuals, organizations and companies to take cybersecurity seriously, says Raj Lala, president and CEO of Evolve Funds Group Inc. in Toronto.
CFO Dive: The findings come as businesses grapple with escalating cybersecurity threats. Sixty-one percent of organizations represented in the research had a data breach or cybersecurity incident in the past two years. More than half of respondents (55%) said their organization has experienced more than four to five of such incidents.
Forbes: From healthcare to manufacturing to agriculture and beyond, artificial intelligence (AI) is revamping business models and creating new opportunities for organizations to innovate.
MSN: Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report.
GlobeNewswire: Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released findings from its survey, “Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders.”
PR Newswire: As per SkyQuest, the Global Cyber Security Market was valued at USD 150.02 Billion in 2022 and is poised to grow from USD 168.04 Billion in 2023 to USD 452.08 Billion by 2031, growing at a CAGR of 13.38% during the forecast period (2024-2031).
CSO Online: When a large company announces the acquisition of another organization, it’s often perceived as just being a financial transaction.
Dark Reading: Over 40% of security leaders cite enhancing and optimizing technology and processes in the security operations center (SOC) as a top priority for improving defenses against the rise of AI powered threats according to the Darktrace State of AI Cybersecurity 2024 report.
BizTech Magazine: At least $5 million. Perhaps as much as $10 million. That was the economic damage done to the majority of the financial institutions that experienced a data breach in the past five years and were able to estimate a cost.
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