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CrowdStrike Global Report uncovers organisations paying hacking ransoms

CrowdStrike Inc., a leader in cloud-delivered cyber security endpoint protection, have shared the UK story behind the 2019 CrowdStrike Global Security Attitude Survey, which includes the attitudes and beliefs of those in charge of cybersecurity, and how they fare against today’s sophisticated cyberattacks. Commissioned by CrowdStrike and produced by independent research firm Vanson Bourne, the study surveyed 1,900 senior IT decision-makers and IT security professionals across 11 countries, including 200 respondents in the UK. Attacks

Venture capital funding of cybersecurity firms hit record high in 2018: report

Venture capital investments in cybersecurity firms hit a record high last year amid a surge in cyber crime over the last few years, according to a report released on last week by U.S-based Strategic Cyber Ventures. Total venture capital funding in the space totalled $5.3 billion in 2018, up 20% from $4.4 billion seen in 2017. “We’re seeing mega-breaches happening on an extremely frequent basis,” Chris Ahern, data scientist and

Huawei moves to dispel security concerns about its products

Huawei is cooperating with the Japanese government and bolstering purchases of parts in Japan to ease concerns that its products could be used in espionage or cyberattacks by Beijing. “It is just normal for the government, telecommunications companies and society at large to take an interest in security and the protection of privacy,” Wang Jianfeng, president of Huawei Technologies Japan KK, said. “Compared with our rivals, we have taken more

Mimecast named a Gartner Magic Quadrant leader for Enterprise Information Archiving

Mimecast have announced it has retained its position as a Leader in the Gartner 2018 Magic Quadrant for Enterprise Information Archiving. The report provides a detailed overview of the enterprise information archiving market and evaluates and compares vendors based on their completeness of vision and ability to execute. Mimecast Cloud Archive is engineered to provide an all-in-one cloud service that integrates a highly secure data repository, built-in data recovery, storage

IIoT Technologies Integration Creates Growth Opportunities in the Industrial Cybersecurity Industry

High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure and the manufacturing sector has resulted in a growing number of potential cyber-attack surfaces. According to a recent analysis from Frost & Sullivan, cyber-attacks within the energy and utilities industries alone cost an average of $13.2 million per year. These rising incidences of cyber-attacks, coupled with evolving compliance regulations by governments and increased awareness among mature and less

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