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Innovative Cybersecurity Efforts Strive to Protect Personal Data


Innovative Cybersecurity Efforts Strive to Protect Personal Data
FinancialBuzz.com News Commentary
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NEW YORK, March 9, 2021 /PRNewswire/ Cybersecurity has been an ongoing and major issue for business and governments over the years, and technology capabilities have only increased. As a result, an extensive layer of cybersecurity is now often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. The emergence of new technologies such as IoT, BYOD, AI, and machine learning is also a major factor contributing to the spike of hacks, as well as a mitigating factor. For example, adoption of M2M/IoT connections demands strengthened cyberse ....

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Novel Approaches are Required to Satisfy Demand for Comprehensive Cybersecurity


[December 30, 2020]
FinancialBuzz.com News Commentary
NEW YORK, Dec. 30, 2020 /PRNewswire/  Nowadays, an extensive layer of cybersafety is often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. Currently, though, the latest Russian hack, which is being called the largest act of espionage in U.S. history, is being analyzed by experts and cybersecurity firms to determine the magnitude of the threat. According to a report by the Associated Press, the hack compromised federal agencies and critical infrastructure in a sophisticated attack that was hard to detect and will be difficult to undo, the Cybersecurity and Infrastructure Security Agency said in an unusual warning ....

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