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and be worth around $2 trillion by 2030. Fortifying Security With cybercrime costs growing globally at the rate of 15% per year , tech leaders face a barrage of security threats and data privacy compliance requirements whether on-premises or in the cloud.
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)
The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " The new 25% U.S. cybersecurity companies.
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