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 […]
Military drone market will surge to $17 billion by 2027
The military drone market is projected to grow from $12 billion in 2022 to $17 billion by 2027, representing a CAGR of 7.3% over the duration of the forecast period. Research analysts MarketsandMarkets attribute the growth to surging investment in development and procurement of modern military solution to enhance defence forces capabilities. Moreover, the increasing […]
Boom predicted for perimeter security
The Global Perimeter Security Market size has been estimated at $49.81 billion for 2021, $54.82 billion in 2022, and is projected to grow at a CAGR of 10.32% to reach $89.82 billion by 2027. A new analysis by boffins at ResearchAndMarkets has produced the following key takeaways:- Drivers Growing Adoption of Latest Techniques Such as […]
Physical security market size to grow by $62.75bn
The potential growth difference for the physical security market between 2021 and 2026 is $62.75 billion, as per the latest market analysis report by Technavio. The market is anticipated to witness an accelerating growth momentum at a CAGR of 9.4%. The analysts at Technavio have categorised the global physical security market as a part of the global IT consulting […]
