Demand for private network deployments will be driven by heavy industry verticals

With enterprise 5G maturing, the importance of private networks for the enterprise domain will continue to grow. According to ABI Research, the demand for private network deployments will be driven primarily by heavy industry verticals. Industrial manu… Continue reading Demand for private network deployments will be driven by heavy industry verticals

Financial services lead when it comes to fixing open source flaws

The financial services industry has the best flaw fix rate across six industries and leads a majority of industries in uncovering flaws within open source components, Veracode reveals. Fixing open source flaws is critical because the attack surface of … Continue reading Financial services lead when it comes to fixing open source flaws

Global number of industrial IoT connections to reach 36.8 billion by 2025

The global number of industrial IoT connections will increase from 17.7 billion in 2020 to 36.8 billion in 2025, representing an overall growth rate of 107%, Juniper Research found. The research identified smart manufacturing as a key growth sector of … Continue reading Global number of industrial IoT connections to reach 36.8 billion by 2025

Direct digital transformation investment to approach $6.8 trillion by 2023

Despite a global pandemic, direct digital transformation (DX) investment is still growing at a compound annual growth rate (CAGR) of 15.5% from 2020 to 2023 and is expected to approach $6.8 trillion as companies build on existing strategies and investm… Continue reading Direct digital transformation investment to approach $6.8 trillion by 2023

BEC attacks increase in most industries, invoice and payment fraud rise by 155%

BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. “As the industry’s only measure of BEC attack volume by industry, our quarterly BEC research is important for CISOs… Continue reading BEC attacks increase in most industries, invoice and payment fraud rise by 155%

Operator‑billed 5G connections revenue to reach $357 billion by 2025

Operator‑billed revenue from 5G connections will reach $357 billion by 2025, rising from $5 billion in 2020, its first full year of commercial service, according to Juniper Research. By 2025, 5G revenue is anticipated to represent 44% of global operato… Continue reading Operator‑billed 5G connections revenue to reach $357 billion by 2025

Global spending on cloud services to surpass $1 trillion in 2024

The COVID-19 pandemic has largely proven to be an accelerator of cloud adoption and extension and will continue to drive a faster conversion to cloud-centric IT. Global spending on cloud services to rise According to IDC, total global spending on cloud… Continue reading Global spending on cloud services to surpass $1 trillion in 2024

Banks risk losing customers with anti-fraud practices

Many banks across the U.S. and Canada are failing to meet their customers’ online identity fraud and digital banking needs, according to a survey from FICO. Despite COVID-19 quickly turning online banking into an essential service, the survey found tha… Continue reading Banks risk losing customers with anti-fraud practices

How will blockchain impact the global economy?

An analysis by PwC shows blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion over the next decade. That is the key finding of a report assessing how the technology is being currently used and exploring… Continue reading How will blockchain impact the global economy?

ATM cash-out: A rising threat requiring urgent attention

The PCI Security Standards Council (PCI SSC) and the ATM Industry Association (ATMIA) issued a joint bulletin to highlight an increasing threat that requires urgent awareness and attention. What is the threat? An ATM cash-out attack is an elaborate and… Continue reading ATM cash-out: A rising threat requiring urgent attention