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Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. The challenge? Securing these AI models and the data they generate.
Not only is the Internet of Medical Things, or IoMT, surging — with the global market projected to reach $160 billion by 2027 , according to Emergen Research — the stakes can be quite high, and sometimes even matters of life or death. That doesn’t mean the risk is zero, noted Christos Sarris , a longtime information security analyst.
The flip side of that coin is a similarly broad recognition of the dangers and tradeoffs involved, with 94% saying they are also aware of the security risks associated with using VPNs and two-thirds (67%) acknowledging that they are considering alternative options for secure remote access. VPN technology isn’t outdated or obsolete.
SIEM enables security teams to detect and respond to threats, manage incident response, and minimize risks. billion globally by 2027. Splunk’s architecture was far more effective than legacy vendors, and the company had been somewhat of a market leader for many years. Today, SIEM accounts for approximately $4.4
CEOs report that the average proportion of revenue from digital products, services, and experiences are expected to increase by 11% from 2022 to 2027. CEOs list cybersecurity threats as the top concern when asked about what risks would have the biggest impact on their businesses for 2022 through 2024. Cybersecurity.
By 2027, there will likely be more than 29 billion IoT connections, the firm says. A study of the security of IoT devices by Phosphorus Labs , a cybersecurity company, found that 68% of devices studied contained high-risk or critical software vulnerabilities. billion active IoT endpoints.
Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. The challenge? Securing these AI models and the data they generate.
billion Swiss Franks in cybersecurity and IT by 2027. It enables healthcare organizations to reduce business risk with data discovery, classification, and protection of sensitive data. Also, an extensible microservices architecture enables maintenance and upgrades without downtime.
The flip side of that coin is a similarly broad recognition of the dangers and tradeoffs involved, with 94 percent saying they are also aware of the security risks associated with using VPNs and two-thirds (67 percent) acknowledging that they are considering alternative options for secure remote access.
Critical infrastructure, such as energy grids and transportation systems, will be targeted, posing risks to national security and economic stability. Businesses operating in or supporting conflict regions face heightened cyberattack risks, leading to financial losses and reputational damage. The first is by rule making.
trillion by 2027 as driving factors of increased demand of Smart Sensors, the development of Smart Cities and industry developments in the field of AI continue to proliferate, with a Compound Annual Growth Rate of 24.9 Recent reports indicate that the global IoT market is expected to reach nearly $1.5 percent during the forecast period.
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