Federal regulators: Increasing cybersecurity stance on financial institutions
Everyone is increasing the attention of cybersecurity given the continued parade of hacking incidents. Just last week, the three main prudential regulators for financial …
Most would stop using digital payments if breached
88% of respondents to a survey conducted by Wakefield Research would stop using digital payments if they personally fell victim to cybercriminal activities as a result of a …
Adaptive security market to gain traction in the next five years
The adaptive security market size is estimated to grow from $3.53 billion in 2016 to $7.07 billion by 2021, at an estimated CAGR of 14.9%, according to MarketsandMarkets. Need …
Every third American has lost money to online criminals
With nearly half of Americans reporting they have been tricked or defrauded, citizens are concerned that the internet is becoming less safe and want tougher federal and state …
Symantec will acquire Blue Coat for $4.65 billion
Symantec will acquire Blue Coat for approximately $4.65 billion in cash. The transaction has been approved by the Boards of Directors of both companies and is expected to …
Big Data and business analytics revenues to reach $187 billion in 2019
Worldwide revenues for Big Data and business analytics will grow from nearly $122 billion in 2015 to more than $187 billion in 2019, an increase of more than 50% over the …
Contactless payment market to reach $17.56 billion by 2021
The contactless payment market is expected to grow from USD 6.70 Billion in 2016 to USD 17.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.2%, according to …
The changing economics of the digital ecosystem
The GSMA published a new report examining the structure, economic drivers and financial performance of the global Internet economy and its respective segments. The research …
Criminals turn entire ATMs into skimmers
As if withdrawing money from an ATM wasn’t dangerous enough, researchers discovered that Russian-speaking Skimer group forces ATMs to assist them in stealing users’ …
Application security market will grow to $6.77 billion by 2021
According to a new market research report by MarketsandMarkets, the global application security market size is estimated to grow from USD 2.24 Billion in 2016 to USD 6.77 …
Online transaction fraud to reach $25 billion by 2020
Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, …
IT spending to slow down in 2016
Worldwide IT spending is expected to post a major slowdown in 2016, as economic weakness in emerging markets and saturation of the smartphone market combine to result in a …