Cloud infrastructure spending jumped to $18.6B in 3Q21

According to the International Data Corporation (IDC), spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, increased 6.6% year over year in the third quarter of 2021 (3Q21) to $… Continue reading Cloud infrastructure spending jumped to $18.6B in 3Q21

IT leadership appointments: Arkose Labs, IDEMIA NSS, McAfee, Seagate, Transmit Security, and Zenoss

Here’s a selection of recent prominent IT leadership appointments. The featured executives are: Brett Johnson, Chris Pick, Gee Rittenhouse, Patrick Clancey, Trent Fitz, and Yolanda Lee Conyers. Arkose Labs appoints Brett Johnson as Chief Criminal Offic… Continue reading IT leadership appointments: Arkose Labs, IDEMIA NSS, McAfee, Seagate, Transmit Security, and Zenoss

New infosec products of the week: January 28, 2022

Here’s a look at the most interesting products from the past week, featuring releases from Borderless Security, Deepfence, LiveAction, MetricStream, Panorays, Pentera, and Samsung. Panorays’ complimentary offering helps companies defend against supply … Continue reading New infosec products of the week: January 28, 2022

Ransomware families becoming more sophisticated with newer attack methods

Ivanti, Cyber Security Works and Cyware announced a report which identified 32 new ransomware families in 2021, bringing the total to 157 and representing a 26% increase over the previous year. The report also found that these ransomware groups are con… Continue reading Ransomware families becoming more sophisticated with newer attack methods

Healthcare industry most common victim of third-party breaches last year

Black Kite released its annual Third-Party Breach Report, which examines the impact of third-party cyber breaches in 2021. Ransomware was the most common attack method behind third-party breaches in 2021, initiating more than one out of four incidents … Continue reading Healthcare industry most common victim of third-party breaches last year

Use of AI to fight insurance fraud hits all-time high

Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to an insurance fraud technology study by the Coalition Against Insurance Fraud and SAS. The study reveals that 80% of insurers use predictive modeling to dete… Continue reading Use of AI to fight insurance fraud hits all-time high

The state of SD-WAN and SASE planning

Aryaka published a report, revealing insights into global SD-WAN and SASE planning. 1,600 information technology (IT) enterprise decision makers across global enterprises answered the survey. Key trends A quarter of the respondents state they have clos… Continue reading The state of SD-WAN and SASE planning

Spending on edge computing to reach $176 billion in 2022

Worldwide spending on edge computing is expected to be $176 billion in 2022, an increase of 14.8% over 2021. Enterprise and service provider spending on hardware, software, and services for edge solutions is forecast to sustain this pace of growth thro… Continue reading Spending on edge computing to reach $176 billion in 2022

Stealthy Excel malware putting organizations in crosshairs of ransomware gangs

The HP Wolf Security threat research team identified a wave of attacks utilizing Excel add-in files to spread malware, helping attackers to gain access to targets, and exposing businesses and individuals to data theft and destructive ransomware attacks… Continue reading Stealthy Excel malware putting organizations in crosshairs of ransomware gangs

Attackers connect rogue devices to organizations’ network with stolen Office 365 credentials

Attackers are trying out a new technique to widen the reach of their phishing campaigns: by using stolen Office 365 credentials, they try to connect rogue Windows devices to the victim organizations’ network by registering it with their Azure AD…. Continue reading Attackers connect rogue devices to organizations’ network with stolen Office 365 credentials