Sustainability now a key issue for security industry
Sustainability, Mobile IDs and a changing workforce are among top concerns being reported by security professionals, according to a new study. HID’s State of the Security Industry Report, gathered responses from 2,700 partners, end users, and security and IT personnel across a range of titles and organization sizes representing over 11 industries. Conducted in the […]
AI set for dramatic growth as security applications proliferate
The global artificial intelligence (AI) market is forecast to grow at a compound annual growth rate (CAGR) of 21.4%, from $81.3 billion in 2022 to $383.3 billion in 2030, driven by applications such as facial recognition. GlobalData’s latest thematic report, “Artificial Intelligence,” reveals that the explosion in the volume of sensor data, coupled with the […]
Climate risk digital solutions market will skyrocket to $4 billion
Rising losses from extreme weather are driving a global surge in investment in climate risk digital solutions, according top new research. A new report from leading independent research and advisory firm Verdantix estimates the climate risk digital solutions market will skyrocket to $4 billion by 2027 compared to just $880 million in 2021 with spending […]
Natural disaster insured losses topped $115bn in 2022
Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated $115 billion of natural catastrophe insured losses in 2022, according to Swiss Re Institute. 2022 is the second consecutive year in […]
IT Governance: 31.5m records breached in December 2022
In its latest analysis of data breaches and cyber attacks across the world, IT Governance has identified 78 publicly disclosed security incidents in December – resulting in 31,586,757 compromised records. Compared to November 2022, we can see a slight decline, where we identified 95 publicly disclosed security incidents and 32,051,144 compromised records. Alan Calder, Founder […]
42% of manufacturing firms attacked in last 12 months
Nearly half of Britain’s manufacturers (42%) have been a victim of cyber-crime over the last 12 months according to new research, Cyber Security: UK manufacturing, published by manufacturers’ organisation Make UK and Blackberry. Over a quarter of respondents (26%) reported substantial financial loss as the result of an attack, with losses ranging from £50,000 to […]
Global public safety and security market to exceed $713bn
Critically growing need for developing resilient cybersecurity strategies to obtain an impenetrable security net around all the digital and physical assets of organizations is boosting the revenue growth of public safety and security market. Demonstrating an impressive CAGR of around 10.6% between 2021 and 2026, global public safety and security market is all set for […]
Physical security market set for 8% growth
The global physical security market is expected to reach a value of $243.6bn by the end of 2031, equivalent to a CAGR of 8.10% during the forecast period, from 2021 to 2031. The forecast from Transparency Market Research says there has been a surge in the use of physical security for IoT technology. These factors are […]
Physical security market to reach $192.9 billion by 2030
The global physical security market size was valued at $104.6 billion in 2020, and is estimated to reach $192.9 billion by 2030, registering a CAGR of 6.5% from 2021 to 2030. That’s according to a new research report published by Allied Market Research, which offers a detailed analysis of changing market dynamics, key winning strategies, major […]
Half of IT professionals believe AI poses ‘existential threat to humanity’
Artificial intelligence (AI) technology is closer to us than ever before. However, could AI pose a threat to humanity? Well, 49% of IT professionals believe it does. Despite that, many other experts see AI as a companion who helps with various tasks rather than a future enemy. According to data presented by Atlas VPN, nearly three […]
