The Cyber-Threat is Storming


Sujith Vasudevan, Managing EditorThe advanced digital economy and widespread adoption of technology in the workplace have made the existing cyber vulnerabilities irresistible to attackers. The North Asian countries have been at the receiving end of some of the strongest attacks. For instance, according to Japan’s National Police Agency, the country witnessed an 87 percent increase in ransomware attacks in the first half of 2022. Japanese entities experienced 114 damaging ransomware attacks in the first half of the year—up 87 percent from the year before.

With a dynamically growing technology landscape, sufficing the constant need to digitally transform organizations, especially while the hybrid work culture prevails, and ensuring cyber security has only become more arduous; to say, nothing of the business realm’s need to transform digitally and constantly improve customer experience. Unfortunately, it’s a perfect milieu for cyber-attackers to thrive.

As phishing or social engineering attacks, ransomware, and DDoS attacks continue to pose more significant threats to businesses, organizations and leaders must aggressively watch the segment’s dynamic trends to stay ahead. From Extended Detection and Response (XDR) to Security Process Automation, Secure Access Service Edge (SASE), Zero-Trust Network Access (ZTNA), and Cyber Insurance, there are several trends that drive the cyber security solutions market. It’s quite evident that times are tough for business leaders worldwide. But many have shown the competitive spirit to keep weathering the storm. This issue is dedicated to them.

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