Industrial operations are increasingly under threat as the industrial world embraces waves of digitisation and smart manufacturing trends. Operational Technology (OT) attacks are common, widespread, and extremely frequent. ABI Research forecasts that the OT cybersecurity market will grow from US$12.75 billion in 2023 to around US$21.6 billion by 2028, with an approximate Compound Annual Growth … Read more
“In the wake of Industry 4.0, data is becoming the lifeblood of industrial enterprises, driving innovation and efficiency, and the comparison to telco (consumer data) is compelling,” says Leo Gergs, principal analyst for hybrid cloud & 5G markets at ABI Research. According to a report by ABI Research, the manufacturing industry is set to generate … Read more
A controversial artificial intelligence safety bill, Senate Bill 1047, was vetoed by Gov. Gavin Newsom on Sunday after passing through the California legislature in late August. SB 1047 would have placed requirements for safety testing on developers of AI models trained using computer powers greater than 1026 and at costs of at least $100 million, … Read more
As the volume of cyberattacks grows, there’s increasing interest from the corporate sector in tech to help automate responses to breaches. Per a 2023 survey from analytics firm Devo, 80% of security leaders expected expanded investments in security automation technology this year; most cited the tech’s potential to support cyber-threat mitigation. Projections say that the market for … Read more
Why UK SMBs Can’t Afford to Ignore Cybersecurity Any Longer: At Munio, we’ve spoken to numerous homeowners and managing administrators of small and medium-sized companies (SMBs) throughout the UK. Time and time once more, we’ve heard the identical chorus: “We don’t want cybersecurity. It’s only for the large corporations.” Sadly, this couldn’t be farther from … Read more
