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Cyber security revenues in 2018 were $160.2 billion and will jump an enormous $11.2 billion during 2019, as the focus moves to GDPR adherence and adherence to similar legislation. Growth slows to around $9.8 billion per annum after this but then spikes once again in 2023/4 as AI based Cybersecurity escalates, reaching $223.7 billion.
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Half of all UK businesses (49%) believe they have unknown third-party devices on their networks, an increase of 110,000 since last year.
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Third instalment of 2019 Security Report highlights the cloud and mobile attack vectors used to target enterprises: nearly 1 in 5 organizations experienced a cloud security incident in the past year.
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Despite concerns, organisations lack the budget (75 per cent) and training (80 per cent) to combat threats.
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44% of decision makers are spending a day each week dealing with cybersecurity issues.
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By 2022, Gartner, Inc. predicts that 70 per cent of organisations using biometric authentication for workforce access will implement it via smartphone apps, regardless of the endpoint device being used. In 2018, this figure was fewer than 5 per cent.
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By combining Okta, the leader in identity access management; SailPoint, the leader in identity governance; and CyberArk, the leader in privileged access security; organizations now have a unified solution to securely manage and govern all users.
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