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IT security spending to reach nearly $300 billion by 2026

Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to IDC. Investments in hardware, software, and services related to cybersecurity are expected to reach near.....»»

Category: securitySource:  netsecurityMar 20th, 2023

Microsoft ties executive pay to security following multiple failures and breaches

Microsoft has been criticized for "preventable" failures and poor communication. Enlarge / A PC running Windows 11. (credit: Microsoft) It's been a bad couple of years for Microsoft's security and privacy efforts. Miscon.....»»

Category: topSource:  informationweekRelated NewsMay 3rd, 2024

Hungry, hungry white dwarfs: Solving the puzzle of stellar metal pollution

Dead stars known as white dwarfs, have a mass like the sun while being similar in size to Earth. They are common in our galaxy, as 97% of stars are white dwarfs. As stars reach the end of their lives, their cores collapse into the dense ball of a whi.....»»

Category: topSource:  informationweekRelated NewsMay 3rd, 2024

American Axle revenue, profit climb in first quarter

American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

New Nevada experiments aim to improve monitoring of nuclear explosions

On an October morning in 2023, a chemical explosion detonated in a tunnel under the Nevada desert was the launch of the next set of experiments by the National Nuclear Security Administration, with the goal to improve detection of low-yield nuclear e.....»»

Category: topSource:  physorgRelated NewsMay 3rd, 2024

Trellix Wise automates security workflows with AI, streamlining threat detection and remediation

Trellix has unveiled Trellix Wise, a powerful suite of traditional and Generative Artificial Intelligence (GenAI) tools to drastically reduce cyber risk. Trellix Wise extends across the Trellix XDR Platform to discover and neutralize threats more eff.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound

The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Lenovo launches AI-based Cyber Resiliency as a Service

Lenovo has launched its new AI-based Cyber Resiliency as a Service (CRaaS) leveraging Lenovo device telemetry and the Microsoft security software portfolio including Microsoft Copilot for Security and Defender for Endpoint. With AI offering protectio.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Nokod Security Platform secures low-code/no-code development environments and apps

Nokod Security launched the Nokod Security Platform, enabling organizations to protect against security threats, vulnerabilities, compliance issues, and misconfigurations introduced by LCNC applications and robotic process automations (RPAs). Most or.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

FortiGate 200G series boosts campus connectivity for Wi-Fi 7

Fortinet announced a new next-generation firewall (NGFW) appliance with the security and networking performance needed to serve as the backbone of the modern campus. Built on the Fortinet operating system, FortiOS, and the latest, fifth-generation Fo.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

BlackBerry CylanceMDR improves cybersecurity defensive strategy

BlackBerry introduced the new and expanded CylanceMDR, offering comprehensive Managed Detection & Response (MDR) protection powered by the Cylance AI platform and augmented with award-winning security operations center analysts for 24×7 threat c.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

97% of security leaders have increased SaaS security budgets

58% of the organizations were affected by a SaaS security incident in the last 18 months, according to Valence Security’s 2024 State of SaaS Security Report. Likely, as a result, 96% security leaders have made SaaS security a top priority and 97% h.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

What is cybersecurity mesh architecture (CSMA)?

Cybersecurity mesh architecture (CSMA) is a set of organizing principles used to create an effective security framework. Using a CSMA approach means designing a security architecture that is composable and scalable with easily extensible interfaces,.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Ransom recovery costs reach $2.73 million

Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Gurucul REVEAL empowers organizations with full control over data

Gurucul announced REVEAL, a unified security analytics platform. REVEAL delivers Threat Detection, Investigation and Response (TDIR) regardless of data type, volume and residency through a combination of its AI/ML analytics, an intelligent data engin.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Edgio ASM reduces risk from web application vulnerabilities

Edgio launched its Attack Surface Management (ASM) solution. ASM is designed to discover all web assets, provide full inventory of technologies, detect security exposures and manage exposure response across an organization from a centralized manageme.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Research explores energy and land-use practices on US golf courses

In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»

Category: topSource:  physorgRelated NewsMay 3rd, 2024

Ring Pan-Tilt Indoor Cam vs. Ring Stick Up Cam Pro: Which is better for your home?

The Ring Stick Up Cam Pro is one of the best security cameras in the Ring lineup, but how does it compare to the newer (and cheaper) Ring Pan-Tilt Indoor Cam?.....»»

Category: topSource:  digitaltrendsRelated NewsMay 3rd, 2024

Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’

Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»

Category: topSource:  marketingvoxRelated NewsMay 2nd, 2024

Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue

Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»

Category: topSource:  theglobeandmailRelated NewsMay 2nd, 2024

Apple CEO Tim Cook bullish on China, thinking long-term

After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»

Category: appleSource:  appleinsiderRelated NewsMay 2nd, 2024