CyberSecurity – WireUp

International Experts Share Cybersecurity Tips at Hong Kong Forum

June 28, 2023 Published by Roboticulized.com

The second Asia Pacific (APAC) Domain Name System (DNS) Forum 2023 will be held on 4–5 July 2023 at the Hong Kong Convention and Exhibition Centre in Hong Kong. Approximately 400 people from the Asia Pacific region have registered for the hybrid event, which will take place in Hong Kong for the first time. The forum is co-organized by the Hong Kong Internet Registration Corporation Limited (HKIRC) and the Internet Corporation for Assigned Names and Numbers (ICANN).

The event will bring together experts from different fields, including DNS architects, network engineers, cybersecurity experts, and business leaders. The forum provides a platform for stakeholders from around the world to convene and discuss issues related to the latest Internet developments, such as DNS abuse, big data applications, digital transformation, cybersecurity, and the marketization of Internet infrastructure.

“The DNS is the fundamental ‘glue’ that holds the Internet together. Continued growth of the Internet, as well as emerging technologies and services, all rely on the Internet’s unique Identifier systems, which ICANN helps to keep working through its coordination role. We look forward to sharing more on this with the participants,” said ICANN Senior Vice President and Chief Technology Officer, John Crain.

Expressing his pleasure with working with ICANN, HKIRC Chairman Simon Chan, B.B.S., J.P. said, “We are honored to work with ICANN to host this regional event in Hong Kong. As a leading player in the Internet industry, HKIRC is committed to promoting the development of a secure, stable, and resilient Internet infrastructure in Hong Kong and beyond. This event provides a unique opportunity to bring together industry experts to discuss critical issues facing the Internet today.”

The forum features a range of topics related to the diverse applications of DNS and its significance in shaping the digital landscape, with particular emphasis on the contribution of DNS to digital transformation and the digital economy.

One of the key topics to be discussed at the event is cyber-attacks and DNS abuse. Experts will highlight the importance of implementing comprehensive security measures and DNS management practices to prevent cyber-attacks and DNS abuse, which are two different but related issues that organizations need to be aware of in today’s digital environment. Attendees will gain actionable insights on how to combat these threats and protect their DNS infrastructure.

The forum will also showcase the latest trends and innovations in big data, digital infrastructure, blockchain technology, and artificial intelligence. These developments offer great potential to facilitate the adoption of big data, digital infrastructure, and the digital economy, encouraging users to embrace the digital future. Attendees will be provided with practical strategies for success in these areas.

The growth of the Internet has played a key role in fostering the digital economy, digital infrastructure, and promoting smart cities. As technology continues to advance, the importance of the Internet and digital infrastructure is likely to only continue to grow, providing new opportunities for economic growth and improving the quality of life for people in cities around the world.

Visit the APAC DNS Forum 2023 website for more information. Registration is free and required to attend the event (virtually or in person). The closing date for registration is 2 July 2023.

Automotive Cybersecurity Market to cross USD 2 Bn by 2030, Says Global Market Insights Inc.

August 25, 2022 Published by Roboticulized.com

The automotive cybersecurity market is expected to record a valuation of USD 2 billion by 2030, as reported in a research study by Global Market Insights Inc. Rising concerns toward reducing the environmental impact coupled with the increasing focus on improving consumer safety and mobility may drive the industry expansion. The recent advancements in the automobile sector have fostered the adoption of crash avoidance technologies that play a critical role in minimizing crash injury risk and offering enhanced pedestrian protection.

The inclusion of big data may emerge as a prominent growth restraining factor for automotive cybersecurity market. The integration of IoT and ICT in vehicle manufacturing has led to an exponential rise in real-time data whose maintenance may lead to data loss and increase the risk of cyberattacks.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2714

The cloud security segment is predicted to observe above 27% growth rate through 2030. The growth could be attributed to the increasing deployment of cloud-based applications in the light of the COVID -19 pandemic and the emerging automation and digitization trends in the automobile sector.Cloud-connected vehicles and cloud-based services have witnessed an unprecedented rise in recent years due to their capability to offer real-time intelligence and updates.

The commercial vehicle segment is poised to witness at a CAGR of over 24.3% during 2022 to 2030.The increasing demand for commercial cargos and fleets during the course of the pandemic supported the segment expansion. The growing utilization of these vehicles triggered the need for significant advancements in vehicle technologies.

The automotive cybersecurity market size from the telematics application valued at nearly USD 80.9 million in 2021 and is set to register further progression in the coming years as well. Telematics solutions incorporate advanced capabilities such as prompt roadside assistance during vehicle breakdowns or accidents, real-time traffic updates, insurance telematics, automatic toll collection, and smart routing & tracking. These capabilities make them an essential part of connected vehicles. With the sales of connected vehicles observing an upward trend, the telematics application is likely to depict considerable growth through 2030.

The Europe automotive cybersecurity market is estimated to attain 19.8% gains between 2021 and 2030. Europe is an emerging hub for connected car technologies owing to the presence of some of the leading automobile manufacturers in the region. Automotive giants such as BMW, Bosch, Volkswagen, Renault, and Daimler have manufacturing facilities across Europe, which will help the regional industry gain a competitive share in the market.Besides, increasing autonomous vehicle sales due to improving living standards will further support regional growth.

The competitive landscape of the automotive cybersecurity market includes players such as Argus Cyber Security Ltd, Arilou Technologies Ltd, AT&T Inc., Audi AG, Bayerische Motoren Werke (BMW) AG, BT Group (BT Security), Capio, Inc., Cisco Systems, Inc., Cognata, Continental AG, Daimler AG, Ford Motor Company, General Motors, Honda Motor Company Ltd, Hyundai Motor Company, Intel Corporation, Karamba Security, Lear Corporation, Nebula Systems, Ltd, Nissan Motor Corporation, Symantec Corporation, Tesla Inc., TriLumina Corporation, Volkswagen AG and Volvo Group. These companies are mainly involved in new product developments and product range expansion to strengthen their position.

Request for customization of this research report at https://www.gminsights.com/roc/2714

Partial chapters of report table of contents (TOC):

Chapter 2 Executive Summary

2.1 Automotive cybersecurity market 360º synopsis, 2018 – 2030

2.2 Business trends

2.3 Regional trends

2.4 Security trends

2.5 Type trends

2.6 Application trends

Chapter 3 Automotive Cybersecurity Industry Insights

3.1 Introduction

3.2 Impact of COVID-19 outbreak

3.3 Impact of the Russia Ukraine war

3.4 Industry evolution

3.5 Industry architecture

3.6 Automotive Cybersecurity industry ecosystem analysis

3.7 Cybersecurity life cycle for vehicle protection

3.8 Types of automotive cyberattacks

3.9 Connected cars

3.10 Technology & innovation landscape

3.11 Regulatory landscape

3.12 Patent analysis

3.13 Investment portfolio

3.14 Industry impact forces

3.14.1 Growth drivers

3.14.2 Industry pitfalls & challenges

3.15 Growth potential analysis

3.16 Porter’s analysis

3.17 PESTEL analysis

Former Exelon Cybersecurity Executive Named New COO of Fortress Information Security

February 22, 2022 Published by Roboticulized.com

Betsy Soehren-Jones has been named Chief Operation Officer (COO) of Fortress Information Security, the nation’s leading supply chain cybersecurity provider for critical infrastructure organizations. Soehren-Jones has been one of the leading forces in the development of an industry-wide cybersecurity risk exchange. Coming to Fortress is an opportunity for Soehren-Jones to further drive adoption of the tools critical infrastructure companies need to address the next generation of cybersecurity problems.

As the new COO, Soehren-Jones is responsible for Fortress’ energy business including sales and marketing as well as the Human Resources, Public Policy, Sales, and Strategy organizations serving the Critical Infrastructure, Manufacturing, and Department of Defense business lines. She will focus on the expansion of Fortress’ information exchange, the Asset to Vendor (A2V) Library. A2V currently hosts information on over 40,000 vendors and products utilized by over 40% of the U.S. power grid.

In her Security Strategy role at Exelon, Soehren-Jones was one of the first to implement the industry model for cyber risk assessment. This model produced critical data that allowed the Exelon executive team to make appropriate security strategy business decisions. Soehren-Jones shared her experiences with the Supply Chain Committee for the Edison Electric Institute (where she was the Co-Chair) as well as at the North American Transmission Forum (NATF), where she was the Committee Lead for Supply Chain. Based on Soehren-Jones’s thought leadership, both organizations were able to develop standards for evaluating cyber security attributes of devices and the exchange of information to the electric utility industry.

“Securing the grid is a top priority for utilities, but in an interconnected world – challenges are coming from all different directions,” said Soehren-Jones. “Through its partnership with both power companies and utility company vendors that participate in the Asset to Vendor network (A2V), Fortress is uniquely positioned to be the source for security products and services across our industry. While I enjoyed working with one power company on security issues, the opportunity to work with a company that shares the vision for securing the industry was too good to pass up.”

“From the moment I met Betsy, I realized we had a shared purpose – securing America’s cyber supply chains and that the only way to accomplish that was to build trust with suppliers so information could be securely and confidentially exchanged,” said Alex Santos, Co-founder and Chief Executive Officer of Fortress Information Security.

Soehren-Jones holds a Bachelor’s in Psychology from the University of Illinois and a Master’s in Public Policy Administration from Northwestern University.

Cybersecurity strategies shift as Canadian businesses invest in digitization during COVID-19 pandemic

December 4, 2020 Published by Roboticulized.com

Most (97%) Canadian businesses (96% globally) say their cybersecurity strategies will shift as a result of the increased digitization during COVID-19 pandemic according to PwC Canada’s Digital Trust Insights report. PwC surveyed more than 3,000 business and technology executives around the world, including a significant number of Canadian respondents, who tell us what’s changing and what’s next in cybersecurity, privacy and resilience.

“Traditional approaches to cyber are struggling to keep up with the pace and scale of digitization and automation. And they’re slowing down business strategies and impacting both the top and bottom line. So it’s really not surprising that nearly all Canadian executives say their cybersecurity strategies will shift as a result of COVID-19.” says Saj Nair, Partner & National Leader for Cybersecurity, Privacy & Financial Crime, PwC Canada.

Rethink the cyber budget process
Almost half (56%) of the Canadian respondents (55% globally) expect to increase their cyber budgets, however only very few (34%) of Canadian executives (44% globally) are really confident their cyber budgets are being assigned and spent correctly. As organizations digitize, getting the most value out of every cyber dollar spent will become even more critical, not just because of our current economic climate, but also because every new digital process can become a vulnerability for cyber attack.

Level the playing field with attackers
Leading organizations are exploring innovative and advanced methods to protect their expanding digital ecosystems as increased adoption of cloud, automation and Internet of Things (IoT) systems can’t be protected with traditional IT Security methods. The top three cybersecurity approaches that Canadian organizations have implemented, and are currently realizing the most benefits from, are security orchestration and automation (19%), modern identity and access management (17%) and integrated cloud and network security (17%).

Build resilience for any scenario
Cybersecurity’s role now and into the future will be strengthening the resilience of their organizations. Almost half (57%) of Canadian executives (40% globally) plan to increase resilience testing to make sure, if a disruptive cyber event occurs, their critical business functions will stay up and running.

Talent: Future-proof the security team
In the next year, 42% of Canadian respondents plan to add full-time cybersecurity personnel to their organization. Many recognize the challenges in attracting and retaining good cyber talent, and so not surprisingly an overwhelming majority (94%) of Canadian respondents (93% globally) use or plan to use managed services.

Digital Resilience Centre
To further enable their clients on their digital trust journey, PwC Canada has opened its first Digital Resilience Centre in Vaughan, Canada. The Centre provides an end-to-end digital trust framework to help organizations innovate, experience, and operate across the threat management lifecycle. The Centre helps organizations unify their defences against digital threats by bringing together thought leadership and capabilities across cybersecurity, privacy, anti-fraud, anti-money laundering, physical security and safety. Within the Centre is the Digital Resilience Sandbox, an immersive lab where clients can see, touch and experience the latest technologies, such as industrial systems, robotics, IoT, artificial intelligence (AI), cloud and mixed reality, and simulate offensive and defensive tactics on them. Clients can experience what an adverse event on their digital ecosystem would look like and test various methods to prevent, detect and react to these threats. Other similar centres exist in Israel, India and the US.

Kaspersky Commended by Frost & Sullivan for Delivering Customer-Focused, Holistic Cybersecurity Solutions

November 10, 2020 Published by Roboticulized.com

Based on its recent analysis of the global industrial (OT/ICS) cybersecurity market, Frost & Sullivan recognizes Kaspersky with the 2020 Global Company of the Year Award for advancing its vision of creating a truly superior industrial cybersecurity solution. Kaspersky is a leader in analyzing market trends and developing customized solutions that effectively address key pain points within the industrial environment. It has made significant strides over the past five years by incorporating unique technologies such as Machine Learning for Anomaly Detection (MLAD) and Kaspersky Threat Intelligence Feeds in its solutions.

In response to the convergence of IT and OT systems, it launched the Kaspersky Industrial CyberSecurity solution. The solution includes a wide range of products and services such as Kaspersky Industrial CyberSecurity for Nodes to protect industrial endpoints and Kaspersky Industrial CyberSecurity for Networks for asset and communication discovery for situational awareness, and early industrial attack and anomaly detection. In addition, it offers security awareness and training, threat intelligence, security and vulnerability assessments, and managed security services. Its detection engines generate different events, while its correlation engine correlates these atomic events into aggregated events that help eliminate unnecessary alerts.

“Kaspersky Industrial CyberSecurity is uniquely placed to address unmet needs such as protecting legacy operating systems on industrial hosts and offering comprehensive network and asset visibility along with well-rounded attack visibility and protection,” said Gautham Gnanajothi Global Research Director. “Its Growth Center, Future Technologies, and Innovation Hub departments are perfectly positioned with best-in-class strategic frameworks to assess, develop, and deliver innovative security offerings to support industrial/ OT end users along their digital transformation journey.”

Significantly, the company has two dedicated research teams; one to support its industrial solutions and one for broader market-focused cybersecurity megatrends. The Kaspersky Industrial Control Systems – Cyber Emergency Response Team (ICS-CERT) for industrial solutions specializes in collaborating with regulators and official standards organizations to develop best practices, and research potential and existing threats across industrial automation systems and the industrial Internet of Things (IIoT). Meanwhile, the Global Research & Analysis Team (GReAT) focuses on wider cybersecurity megatrends and uncovers cyber-espionage campaigns, major malware, ransomware, and underground cyber-criminal trends across the world.

“The company has established its dominance in a yet uncontested market with emerging technology-based products such as the IoT secure gateway product based on its proprietary operating system KasperskyOS,” noted Gnanajothi. “Leveraging superior technical performance, customer service focus, and client relationship, Kaspersky is all set to dominate the industrial (OT/ ICS) cybersecurity market in the long term.”

“The protection of industrial organizations is one of our key business priorities. While these organizations enhance their OT security, our goal is to provide them with the solutions and expertise required for their level of maturity. We also understand that complex measures are crucial to ensuring any protection is effective, so Kaspersky’s portfolio also includes security services and training to improve expertise among IT security teams and OT engineers, as well as employee awareness. This Frost & Sullivan award confirms that we’re on the right track, so we’re extremely proud to receive such recognition,” commented Georgy Shebuldaev, Head of Growth Center, Kaspersky.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

Tag: CyberSecurity

International Experts Share Cybersecurity Tips at Hong Kong Forum

Automotive Cybersecurity Market to cross USD 2 Bn by 2030, Says Global Market Insights Inc.

Former Exelon Cybersecurity Executive Named New COO of Fortress Information Security

Cybersecurity strategies shift as Canadian businesses invest in digitization during COVID-19 pandemic

Kaspersky Commended by Frost & Sullivan for Delivering Customer-Focused, Holistic Cybersecurity Solutions

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