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According to Jay McBain, an analyst at Forrester Research, spending on IT and telecommunications will be worth about $7 trillion by 2030. In the survey, cybersecurity spending came out ahead of other hot areas such as the cloud and artificialintelligence (AI). The next few years will see a surge in channel spending.
And at the heart of this much to do transformation lies the disruptive potential of ArtificialIntelligence (AI) – an evolving technology that’s set to be embedded everywhere, grow at a CAGR of 36.6% and be worth around $2 trillion by 2030.
Another example seen this year was KV-Botnet , which was deployed on vulnerable firewalls, routers and IP cameras and used to conceal the malicious activities of Volt Typhoon, the actor behind it. One of these botnets was Quad7 , which was installed on compromised routers by the Storm-0940 actor to conduct password spraying.
Statistics for H2 2023 AT&T says personal data from 73 million current and former account holders leaked onto dark web US critical infrastructure cyberattack reporting rules inch closer to reality Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter)
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