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Industrial Control Systems (ICS) Security Market Worth $23.7B by 2027, Report Says

Dark Reading

The market growth is driven by the convergence of IT and OT systems. By region, North America is estimated to account for the largest market size during the forecast period.

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Cybersecurity Insights with Contrast CISO David Lindner | 10/11/24

Security Boulevard

Insight #1: CISOs, you need insurance coverage According to German multinational insurance company Munich Re, the global cyber insurance market is expected to rise from $14 billion to $29 billion by 2027. Rather, the onus is on the providers to do so: e.g., require multifactor authentication (MFA) for all accounts, as a starting point.

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The Evolution of SIEM: Where It’s Been and Where It is Going

CyberSecurity Insiders

Over the last 20+ years, the SIEM market has procured substantial growth within the technology industry. Today, SIEM accounts for approximately $4.4 billion globally by 2027. But before we go into where the SIEM market goes from here, let’s first take a look back at how SIEM has evolved.

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How can Digital First banking benefit financial institutions?

CyberSecurity Insiders

The meteoric rise of online shopping has seen the payment market diversify, with more consumers paying for goods and services with digital wallets and person-to-person (P2P) payments, displacing EMV bank cards as the primary option when shopping online. As of last year, global payment fraud has been predicted to increase to as much as $40.62

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VPNs begin to lose their relevance, even as they remain difficult to shed

SC Magazine

When [organizations] had to move their workforce remotely, they had to do that quickly… because the market is going super fast all the time and you have to be present all the time,” said DiBlasi. “So The lion’s share of the current market is owned by VPNs, but that has been slowly changing.

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Secure Your Distributed Medical Devices with Robust Machine Identity Management

Security Boulevard

According to the most recent study by Global Market Insights, the healthcare cybersecurity market size is anticipated to hit a record valuation of $35.5 billion by 2027. Among all security controls, medical device security accounts for 21.5% As a result, healthcare entities are investing in cybersecurity solutions.

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7 Ways Enterprises are Taking Advantage of Biometrics

Security Boulevard

The global biometrics market is expected to grow to a staggering $82.9 billion by 2027 and organizations have taken notice of its many capabilities. This is quicker and safer in many ways, largely because it no longer requires the customer to use a plastic card or account number that someone could potentially steal and use.