The global public cloud services market is expected to grow by 18 percent in 2017 comparted to 2016, totaling $246.8 billion this year, from $209.2 billion last year, according to Gartner.
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Healthcare institutions remain among the most targeted organizations when it comes to hacker attacks and other security intrusions. These entities possess a wealth of data, including personal information that cyber criminals can use.
This is a good time to be a managed security services provider—if you believe industry reports about the robust growth of the market. Even if you don’t believe the research, there is plenty of evidence that many organizations are looking for expert help when it comes to strengthening their security posture against a host of potential threats. And service providers can provide that needed assistance.
Increasing attacks on financial services firms and other industries have prompted creation of cybersecurity regulations and guidelines from the U.S. Securities and Exchange Commission (SEC), Securities and Futures Commission (SFC) of Hong Kong, among others.
There has been a lot of talk about the need for improved cybersecurity information sharing between the private sector and governments in the last year. And there certainly will be more this year, you can count on it. The thought being that the more information governments and private sector have about cybersecurity trends, vulnerabilities, and attack techniques the more nimble and directed (and hopefully effective) IT security defenses could be.
It’s no secret that the public cloud has become a way of life for many businesses as well as consumers looking to download apps or store their large data files.
When it comes to data security, the New York State Department of Financial Services has been taking a long hard look at the banking sector and it isn’t all that happy with what it has been seeing.
In this final installment in our series on security issues and vulnerabilities in a variety of industries, we look at cloud service providers. While this might not be an “industry” in the same sense as financial services, healthcare, transportation and retail, it is an increasingly important area of commerce as more enterprises move applications and data into the cloud.
Many insurance companies are offering coverage for data breaches, and indeed a growing number of organizations are purchasing this type of insurance as hacker attacks become more common.
Data breach or cyber insurance policies are becoming a more vital component of organizations’ preparedness plans, according to a 2014 report by the Ponemon Institute.
Telecommunications is one of those industries that many people take for granted—until service is interrupted for one reason or another. We’re accustomed to being connected, whether it’s through our mobile devices or landline phones at home or in the office.
Businesses as well as consumers are highly dependent on telecom companies and the communications infrastructure they provide, and if their operations are down for any length of time, it wreaks havoc. That’s why the cost of a security breach at telecom’s are high.
When it comes to security vulnerabilities and threats, you might not think about the media and entertainment industry in the same way you’d consider, say, financial services, healthcare and retail. Companies in these latter industries handle a lot of personally identifiable customer information or present potentially attractive financial targets for hackers.
When you hear about the types of organizations that make it a high priority to build a strong information security strategy, healthcare institutions often come up. And why shouldn’t they?
Keeping patients’ data secure and private is vital to maintaining their trust, and it’s also mandated by regulations such as the Health Insurance Portability and Accountability Act (HIPAA) and Health Information Technology for Economic and Clinical Health (HITECH) Act.