Wyly Wade

Tag: BiON SmartFile

Cybersecurity is attracting lots of capital

The tremendous and rapid growth of big-time Internet based corporations, such as Google, Yahoo, Microsoft, Intel, Apple, Facebook and many others, highlights the immense potential this particular industry is enjoying and will continue to enjoy in the years to come. However, this tremendous growth is associated with a significant increase in cybercrime and security threats. Companies are spending huge…

Global Cyber Security Market to Reach $120.1 Billion by 2017 at a 11.3% CAGR

The global cybersecurity market is expected to grow from $63.7 billion in 2011 to $120.1 billion by 2017, at an estimated compound annual growth rate of 11.3% from 2012 to 2017, according to the report. “Cyberspace today is powered by a gamut of devices and applications that have made it vulnerable to threats from all kinds of users…

Cybersecurity: More people over larger budgets

A recent survey of 167 attendees at the Black Hat conference in Las Vegas by security company Tripwire found that the majority of those surveyed (44 percent) believe increasing the number of highly skilled security workers on staff would be the most valuable action for improving information security at their organization.  Increasing security budgets also was…

$1.2 Million Penalty in Copier Breach

Affinity Health Plan, a managed care plan company based in New York, has just agreed to pay federal regulators $1.2 million to settle a 2010 incident that affected 344,557 individuals whose data was discovered on the hard drives of copy machines that had been returned to a leasing company. At the center of the agreement was a breach reported…

Cyber Warfare Systems Market Expanding to US$19.4Bn by 2023

With the increasing importance of information and communication technologies both on and off the battlefield, new research forecasts continued robust global spending on cyber warfare systems until 2023, with the market expanding from US$11.1 billion in 2013 to US$19.4 billion by 2023 – a CAGR of 5.77%. This significant growth is further fuelled by a…

%d bloggers like this: