New Report Shows AI in Cybersecurity Market Reaching Record Levels | Leading Companies include Intel Corporation, IBM Corporation, Gen Digital Inc.

The AI in the cybersecurity market is experiencing rapid growth, with a valuation of $19.2 billion in 2022 expected to reach $154.8 billion by 2032, growing at a rate of 23.6% between 2023 and 2032. The services segment is expected to see the highest growth, driven by the increasing adoption of managed security services. AI … Read more

Cisco strengthens cybersecurity initiative with acquisitions and recruitment of new talent

Cisco strengthens cybersecurity initiative with acquisitions and recruitment of new talent

Cisco is heavily investing in security with a platform-based vision and new leadership, key acquisitions, and strategic alignment with the cybersecurity market. Despite its dominant position in network security products, Cisco was late in introducing its SASE offering, Secure Access, due to a lack of a unified solution. To address this, Cisco hired Tom Gillis … Read more

Australia Joins Forces with AWS for $2B Cybersecurity Enhancement

Australia Joins Forces with AWS for B Cybersecurity Enhancement

The Australian Government has partnered with Amazon Web Services (AWS) to enhance cybersecurity capabilities with a $2 billion investment over the next decade. The collaboration includes establishing a top-secret AWS cloud infrastructure in Australia to securely store and analyze sensitive intelligence data. This initiative is expected to create up to 2,000 local jobs and strengthen … Read more

Rob Greer | Comprehensive hybrid cloud cybersecurity Solutions

Rob Greer | Comprehensive hybrid cloud cybersecurity Solutions

In a recent interview with cybersecurity expert Rob Greer from Broadcom Inc., the discussion centered around the importance of maintaining comprehensive security measures in today’s hybrid cloud environment. Greer emphasized the need for businesses to prioritize cybersecurity in order to protect sensitive data and ensure smooth operations in the cloud. According to Greer, the hybrid … Read more

Study finds triple growth in hybrid multi-cloud adoption among financial services – FutureCIO

Study finds triple growth in hybrid multi-cloud adoption among financial services – FutureCIO

The sixth annual Financial Services Enterprise Cloud Index (ECI) survey and research report by Nutanix shows that IT decision-makers in the financial services industry are expecting the adoption of hybrid multi-cloud solutions to triple in the next three years. Alongside this trend, data security, ransomware protection, AI strategy implementation, and cost reduction are top priorities … Read more

Oracle relocating headquarters to Nashville and increasing emphasis on cybersecurity efforts – Fierce healthcare

Oracle, a prominent technology company, recently announced that it will be relocating its headquarters from California to Nashville. This move comes as part of Oracle’s efforts to strengthen its focus on cybersecurity. The company aims to expand its presence in a city that is quickly becoming a hub for technology and innovation. With this relocation, … Read more

Cisco says AI and cybersecurity are top priorities for 50 countries in the tech race

Cisco says AI and cybersecurity are top priorities for 50 countries in the tech race

Artificial intelligence and cybersecurity are among the top technology priorities for over 50 countries, according to Cisco Systems. However, many countries are facing challenges in filling the skills gap needed to achieve their goals in these areas. Guy Diedrich, senior vice president and global chief innovation officer at Cisco, highlighted the growing importance of generative … Read more

Government’s $2 Billion Investment in Amazon Web Services to Enhance Cybersecurity Capabilities

Government’s  Billion Investment in Amazon Web Services to Enhance Cybersecurity Capabilities

The Australian federal government is embarking on a significant investment plan to enhance the country’s cyber capabilities, partnering with Amazon Web Services (AWS) to establish a top-secret (TS) sovereign cloud in Australia. This strategic partnership will bring about at least $2 billion in investment over the next decade, creating up to 2,000 local jobs. The … Read more

IBM and Microsoft strengthen collaboration on cybersecurity – TipRanks.com

IBM and Microsoft strengthen collaboration on cybersecurity – TipRanks.com

IBM and Microsoft have announced a new collaboration focused on cybersecurity to help clients enhance their security operations in the hybrid cloud. The partnership aims to simplify and modernize security operations, as well as manage and protect identities in the cloud environment. By combining IBM Consulting’s cybersecurity services with Microsoft’s security technology portfolio, the companies … Read more

IBM and Microsoft Team Up to Create Cybersecurity Alliance – TipRanks.com

IBM and Microsoft Team Up to Create Cybersecurity Alliance – TipRanks.com

IBM and Microsoft have partnered to provide enhanced cybersecurity solutions, focusing on simplifying and modernizing security operations as well as protecting identities in hybrid cloud environments. This collaboration involves combining IBM Consulting’s security software with Microsoft’s security technology portfolio to offer a unified threat detection and prevention solution. The companies also plan to utilize AI … Read more