Security News
The global password management market size is expected to reach $2.9 billion by 2027, rising at a market growth of 20.7% CAGR during the forecast period, according to ResearchAndMarkets. Password management is a software solution that helps IT administrators manage and organize passwords on servers, network appliances, and computer systems.
There is an extreme shortage of cybersecurity talent, and it takes a team of uniquely qualified experts to develop a vulnerability management strategy for a modern enterprise. Vulnerability management technology has evolved significantly in recent years, and state-of-the-art vulnerability management solutions are required to implement an effective and efficient vulnerability management plan in the modern enterprise.
With the sheer volume of unstructured data yet to be created and used in the years ahead, it's safe to say that the way organizations manage their data will need to evolve. In the analyst brief, Burgener urges organizations to implement a comprehensive data management strategy to confront this increasing influx of data, noting that a data mobility engine provides the foundation for an effective data management strategy and can drive significant benefits for the hybrid multicloud enterprise.
The survey data reflects that the biggest issue impacting ITOps teams today stems from too few employees being asked to manage too many different endpoints, with little visibility and minimal automation. The challenge of keeping endpoints updated ITOps teams are burdened by disparate endpoint solutions.
The global security and vulnerability management market is expected to grow from $6.7 billion in 2020 to $15.86 billion by 2030, at a CAGR of 9% during the forecast period 2021-2030, according to The Brainy Insights. An increase in vulnerabilities across the globe, high monetary losses due to the absence of security and vulnerability management solutions, stringent regulatory standards and data privacy compliances, surge in the adoption of IoT and cloud trends, and integration of advanced technologies such as AI and ML with security and vulnerability management solutions are some of the major driving factors contributing to the high growth rate of the security and vulnerability management market.
Technical details have been disclosed regarding a number of security vulnerabilities affecting Moxa's MXview web-based network management system, some of which could be chained by an unauthenticated adversary to achieve remote code execution on unpatched servers. The five security weaknesses "Could allow a remote, unauthenticated attacker to execute code on the hosting machine with the highest privileges available: NT AUTHORITYSYSTEM," Claroty security researcher Noam Moshe said in a report published this week.
The encryption management solutions market is expected to increase by $6.07 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of almost 17%, according to Technavio. The encryption management solutions market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
In this interview with Help Net Security, Miles Hutchinson, CISO of Jumio, talks about the pain points of identity and access management and the importance of strenghtening identity strategies. The usual identity-related security issues and challenges organizations face are typically caused by outdated identity and access management solutions or a disjointed approach to identity verification, which can leave cracks and vulnerabilities in an organization's attack surface.
The wide-ranging adoption of cloud facilities and the subsequent mushrooming of organizations' networks, combined with the recent migration to remote work, had the direct consequence of a massive expansion of organizations' attack surface and led to a growing number of blind spots in connected architectures. The unforeseen results of this expanded and attack surface with fragmented monitoring has been a marked increase in the number of successful cyber-attacks, most notoriously, ransomware, but covering a range of other types of attacks as well.
Cloud directory specialist JumpCloud is moving into the crowded patch management market with an extension to its platform to automate patch updates. Companies such as Apple or Microsoft already have varying levels of patch management tools in their armoury.