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GlobeNewswire: According to a recent report published by Allied Market Research, the global cybersecurity for critical infrastructure in the financial sector industry generated $9,012.96 million in 2022, and is anticipated to generate $17,465.33 million by 2032, witnessing a CAGR of 6.9% from 2023 to 2032.
Dark Reading: It seems obvious: CEOs and their chief information security officers (CISOs) should be natural partners. With the persistent rise in cyber threats, most CEOs recognize the importance of having a strong security leader to protect the company's data, not to mention its reputation.
Forbes: Be it a tech giant or a startup, the threats to any company's security are relentless, sophisticated and constantly evolving. Hackers are weaponizing new tools, data breaches dominate headlines daily and the potential consequences of an attack are more devastating than ever.
Dark Reading: A new era of litigation is threatening the cybersecurity community. In addition to corporate and government enforcement, companies are being served with class-action lawsuits for data breaches.
Forbes: The buzz surrounding artificial intelligence (AI) has reached a fever pitch, with virtually every industry exploring the potential benefits or drawbacks, of using generative AI (GAI) and large language models (LLMs) like ChatGPT or Google Bard to improve their efficiency.
Forbes: Enterprise security teams continually assess shifting security concerns and implement mitigating controls to reduce the organization's risk. However, with the pressing need to respond to threats, many organizations have implemented specific controls to mitigate single risks, creating the potential for dangerous gaps in coverage.
SecurityWeek: At least six major technology companies are planning to sign an agreement this week that would guide how they try to put a stop to the use of artificial intelligence tools to disrupt democratic elections. The upcoming event at the Munich Security Conference in Germany comes as more than 50 countries are due to hold national elections in 2024.
Bleeping Computer: Ransomware payments in 2023 soared above $1.1 billion for the first time, shattering previous records and reversing the decline seen in 2022, marking the year as an exceptionally profitable period for ransomware gangs.
Forbes: These days, major debates are happening around artificial intelligence (AI) and the future of the human race. Whether you believe that advanced AI will better humanity or force us off the planet, I would propose that we have a more pressing problem.
Security Brief: The annual cost of recouping from cyber crime for businesses can reach as much as $5 million, according to a new Cybernomics 101 report from Barracuda Networks, a leading provider of cloud-first security solutions.
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