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Most cybersecurity investments aren’t used to their full advantage

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Most cybersecurity investments aren’t used to their full advantage 09/11/2023 at 07:31 By Help Net Security While organizations are slashing budgets across other departments, IT and security budgets are growing to address evolving IT infrastructure and rising threats from new tactics such as AI-based attacks, according to Axonius. Budget growth in IT and security In […]

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Google to invest another $2B in AI firm Anthropic: Report

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Google to invest another $2B in AI firm Anthropic: Report 28/10/2023 at 09:03 By Cointelegraph By Brayden Lindrea Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to the Wall Street Journal. This article is an excerpt from Cointelegraph.com News View Original

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AI-related security fears drive 2024 IT spending

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AI-related security fears drive 2024 IT spending 27/10/2023 at 06:02 By Help Net Security Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While generative AI has not yet had a material impact on IT

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GenAI investments surge, anticipated to hit $143 billion by 2027

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GenAI investments surge, anticipated to hit $143 billion by 2027 20/10/2023 at 06:33 By Help Net Security Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with a

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Business resilience becomes primary force behind cybersecurity investments

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Business resilience becomes primary force behind cybersecurity investments 19/10/2023 at 06:03 By Help Net Security Over 80% of northern European organizations emphasize that the need to ensure business resilience is the top driver for their cybersecurity investments, according to Nixu. The report reveals both encouraging progress and increasing concerns. Alarmingly, 50% of organizations reach only

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The collaborative power of CISOs, CTOs and CIOs for a secure future

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The collaborative power of CISOs, CTOs and CIOs for a secure future 17/10/2023 at 07:03 By Mirko Zorz In this Help Net Security interview, Phil Venables, CISO at Google Cloud, discusses the results of a recent Google report on board collaboration with the C-suite — particularly the CIO, CTO, and CISO to stay current with

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Cybersecurity should be a business priority for CEOs

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Cybersecurity should be a business priority for CEOs 12/10/2023 at 06:02 By Help Net Security 74% of CEOs are concerned about their organizations’ ability to avert or minimize damage to the business from a cyberattack – even though 96% of CEOs said that cybersecurity is critical to organizational growth and stability, according to Accenture. CEOs

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Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

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Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say 09/10/2023 at 11:02 By Cointelegraph By Gareth Jenkinson United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team. This article is an excerpt from Cointelegraph.com News View

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Enterprises see AI as a worthwhile investment

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Enterprises see AI as a worthwhile investment 06/10/2023 at 06:02 By Help Net Security 92% of AI team leaders at leading-edge organizations felt that their AI initiatives are generating value, according to Wallaroo.AI. Having found a successful formula, most of those surveyed plan to dramatically increase their spend on ML and use of ML models

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Evolving conversations: Cybersecurity as a business risk

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Evolving conversations: Cybersecurity as a business risk 03/10/2023 at 08:03 By Help Net Security Board members often lack technical expertise and may not fully grasp cyber risks. On the other hand, CISOs are more accustomed to interfacing with IT staff. This is understandable; the board is responsible for guiding high-level decision-making. They rarely become involved

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Barriers preventing organizations from DevOps automation

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Barriers preventing organizations from DevOps automation 03/10/2023 at 06:02 By Help Net Security Organizations’ investments in DevOps automation are delivering significant benefits, including a 61% improvement in software quality, a 57% reduction in deployment failures, and a 55% decrease in IT costs, according to Dynatrace. In most organizations, however, DevOps automation practices remain in the

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Cybersecurity budgets show moderate growth

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Cybersecurity budgets show moderate growth 29/09/2023 at 06:01 By Help Net Security Despite the economic uncertainty and inflation, security budgets generally continued to rise but at a lower rate than prior years, according to new research from IANS and Artico Search. Security budgets increase by 6% in 2023 Respondents reported an average security budget increase

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The hidden costs of neglecting cybersecurity for small businesses

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The hidden costs of neglecting cybersecurity for small businesses 28/09/2023 at 07:31 By Mirko Zorz In this Help Net Security interview, Raffaele Mautone, CEO of Judy Security, talks about the cybersecurity problems that small businesses face and the need for prioritization to save businesses from potential fines and damage to their brand reputation. He also

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The pitfalls of neglecting security ownership at the design stage

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The pitfalls of neglecting security ownership at the design stage 27/09/2023 at 07:01 By Mirko Zorz For companies to avoid bleeding millions through cyber threats, they must build adaptability into their security strategy from the start while considering a range of inputs that go beyond the IT and network access aspects. In this Help Net

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Cloud service inefficiencies drain IT budgets

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Cloud service inefficiencies drain IT budgets 27/09/2023 at 06:01 By Help Net Security 71% of IT professionals stated that cloud-related costs make up 30% or more of their total IT spend, according to Aptum. In the current demanding economic environment, organizations are becoming increasingly aware of the financial implications of their business operations. While the

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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst 21/09/2023 at 08:02 By Cointelegraph By Martin Young Bitcoin’s hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained. This article is an excerpt from Cointelegraph.com News View

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Strong compliance management is crucial for fintech-bank partnerships

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Strong compliance management is crucial for fintech-bank partnerships 20/09/2023 at 06:02 By Help Net Security 72% of banks and credit unions are prioritizing compliance when evaluating fintechs, citing it as their top criteria in the due diligence process, according to Ncontracts. As banks and credit unions evaluate fintech partnerships, cybersecurity (62%) is also a critical

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Industrial cybersecurity giant Dragos rakes in new funding, sets sights on global expansion

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Industrial cybersecurity giant Dragos rakes in new funding, sets sights on global expansion 18/09/2023 at 12:32 By Mirko Zorz Today, Dragos revealed that it has secured a $74 million Series D extension funding round, spearheaded by the strategic operating and investment firm WestCap. The funding extension comes when global governments and infrastructure providers increasingly acknowledge

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Regulatory activity forces compliance leaders to spend more on GRC tools

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Regulatory activity forces compliance leaders to spend more on GRC tools 18/09/2023 at 07:48 By Help Net Security Legal and compliance department investment in GRC (governance, risk, and compliance) tools will increase 50% by 2026, according to Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk

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Critical business app outages cost $500,000 per hour of downtime

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Critical business app outages cost $500,000 per hour of downtime 18/09/2023 at 07:01 By Help Net Security Observability’s adoption is on the rise and full-stack observability leads to better service-level metrics, such as fewer, shorter outages and lower outage costs, according to New Relic. Respondents receive a median $2 return per $1 of investment in

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