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Shadow IT is increasing and so are the associated security risks

CSO Magazine

Consider the figures from research firm Gartner, which found that 41% of employees acquired, modified, or created technology outside of IT’s visibility in 2022 and expects that number to climb to 75% by 2027.

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The Data Security and Data Backup Disconnect

Security Boulevard

The cybersecurity market was valued at over $149 billion in 2019 and is projected to reach over $304 billion by 2027, growing at a CAGR of 9.4% from 2020 to 2027. Cybersecurity is big business, reflecting the fact that many of today’s enterprise organizations value data security and invest in it accordingly. This huge size.

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BrandPost: The 4 inexcusable failures of legacy backup tools

CSO Magazine

billion in 2027. One report estimates spending on global data backup and recovery grew to $14.15 billion in 2023, up 16.2% over the previous year, and is projected to increase at a compound annual growth rate (CAGR) of 13.7% To read this article in full, please click here

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Active Digital Identity Apps to Surpass 4.1B by 2027

Dark Reading

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MENA cybersecurity industry faces significant obstacles

Security Boulevard

billion by 2027, expanding at a Compound Annual Growth Rate (CAGR) of 17.1% According to projections, the size of the Middle East Cyber Security Market will increase from USD 20.3 billion in 2022 to USD 44.7 throughout the forecast period.

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How to Prevent Fraud in Healthcare by Knowing Your Patient?

Security Boulevard

billion by 2027. Healthcare fraud, waste, and abuse cost taxpayers billions of dollars. According to a report published in BusinessWire, the global healthcare fraud analytic market may reach US$ 5.69 Detection of fraud leads to hefty fines, criminal proceedings, and incarceration for the concerned individuals in organizations.

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RegTech: Three Increasingly Regulated Industries

Security Boulevard

billion by 2027, according to. Regulatory technology (RegTech) companies perform exactly the function you’d expect; they provide technology that is used by businesses to manage and enhance regulations and regulatory processes to achieve and prove compliance. It’s a sector that is now growing at a pace of 19.5%