Broadcom Launches Secure Fibre Channel HBA, Boosting Data Encryption To Combat Rising Cyber Threats – Broadcom (NASDAQ:AVGO)

Broadcom Inc AVGO announced Emulex Secure Fibre Channel Host Bus Adapters (HBA) on Wednesday. This cost-effective, easy-to-manage solution encrypts all data as it moves between servers and storage.

The cost of ransomware attacks continues to rise, with attacks in 2024 costing an average of $5.37 million per attack.

Also Read: Apple’s iPhone Dependence Remains, But Services, Wearables Offer Growth Potential: Analyst

Upcoming generative AI and quantum computers magnify the risk if…