Cyberattacks are very costly. The world’s leading cybersecurity economy researcher Cybersecurity Ventures expects global cybercrime costs to grow by 15% per year, reaching 10.5 trillion dollars annually by 2025. According to Cybersecurity Ventures, cybercrime would be the world’s third-largest economy after the United States and China if it was measured as a

Even companies in more insulated fields, such as cyber vendors Sophos, Okta and Secureworks, are bound to feel the pain as enterprises cut spending. At least three cybersecurity firms — Sophos, Okta and now Secureworks — announced staff cuts so far this year, creating fresh uncertainty in a sector largely

The advent of GDPR heralded a new era of protection for individual rights and freedoms. Initially not taken seriously, organizations now find themselves rethinking their approach, with accumulated penalties nearing the € 3 billion mark. Are organizations on a similar path with quantum computing? Cybersecurity researchers and technologists are rightly concerned

Ransomware was down last year, though LockBit led threat actors and employees opened a third of the toxic emails in the last six months of 2022. New research from NCC Group and Abnormal Security shows clouds and a bit of silver to line them: Ransomware attacks declined last year, but business

Check Point Software CEO Gil Shwed talks up the company’s growth areas, its approach to cloud security and the impact of generative AI on cyber security Having invented the modern firewall that enterprises still use today to keep threat actors at bay, Check Point Software’s founder and CEO Gil Shwed