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Surge in Cybercrime: Check Point 2023 Mid-Year Security Report Reveals 8% Spike in Global Cyberattacks

Old and new blend in cybercrime, AI and USB devices become unexpected accomplices. Lockbit3 leads ransomware surge in the first half of the year; Unconventional targets surface amid new attack patterns

SAN CARLOS, CA.: Check Point Research (CPR) has unveiled its 2023 Mid-Year Security Report. The report uncovers an unsettling 8% surge in global weekly cyberattacks in the second quarter, the most significant increase in two years, highlighting how attackers have cunningly combined next-gen AI technologies with long-established tools like USB devices to conduct disruptive cyberattacks. The report also showcases how ransomware attacks have escalated in the first half of the year with new ransomware groups coming into the scene.

: John Aduma; Vigilance; Posted On Thursday, 24 August 2023 11:53

Zerto Brings Its Resilience Expertise to VMware Explore 2023

Roundtable to discuss building a cyber resilience vault for VMware

BOSTON and LAS VEGAS: Zerto has announced it will be delivering a presentation at VMware Explore in Las Vegas, the flagship event for all things multi-cloud, to be held at the Venetian Convention and Expo Center August 21-24. The expert roundtable will demonstrate how the Zerto Cyber Resilience Vault can help businesses beat back the threat of ransomware while ensuring minimal data loss.

: John Aduma; Industry News; Posted On Wednesday, 23 August 2023 11:48

WithSecure bringing outcome-based security to Finnish Olympic Committee in new partnership

Partnership aims to enhance the resilience of Finland’s sports community against security and privacy risks.

Helsinki, Finland: Today, the Finnish Olympic Committee (FOC) and WithSecure™ (formerly known as F-Secure Business) announced a partnership that aims to bring outcome-based security to Finland’s sports community.

: THE EDITORIAL TEAM; Industry News; Posted On Wednesday, 23 August 2023 11:43

IT is the best sector to invest in, new study reveals

The IT sector is the best sector to invest in with an average return of investment of 18.1%
The consumer discretionary sector comes in second with 15.3%
The worst sector to invest in is communication services with 8.4% average return

IT is the best sector to invest in based on average returns, a new study reveals.

The study, conducted by InvestinGoal.com, analysed the consistency, reliability, and average returns of all sectors that the companies within the S&P 500 index are divided into to identify the most lucrative investment opportunities.

The IT sector comes in first place with an average return from 2010 to 2022 of 18.1%, the highest of the list. This sector comprises the category of stocks relating to the research, development, or distribution of technologically based goods and services.