logo cloud security expo

10 - 11 October 2018
Marina Bay Sands Expo and
Convention Centre, Singapore

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PRACTISE SAFE TECH

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Industry News

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  • Business is good for UK technology as it topped the European investment tables, spearheaded by London.

    In the first full year since the Brexit vote, happy venture capitalists plunged £2.99 billion into tech firms in the UK in 2017; nearly twice what was invested the year before.

  • IoT requires a very broad set of skills, ranging from electronics for sensors, actors and SOCs, to wireless transmission, field bus protocols, messaging and networking, to data centre technologies including data storage, AI, machine learning, API management, mobile/web UIs and legacy application integration and to other areas including end-to-end security, OTA, CI, CD. No one person can have all these skills at once, so be ready to collaborate with others.

  • Search engine Shodan has announced a tool to help businesses hunt out and block traffic from malware command-and-control servers.
  • Demand for new identity and access management services are increasing as a result of the growth in cloud adoption worldwide, according to new research by consulting firm Frost & Sullivan.
  • In 2017, the IT security market will continue to evolve to meet a new and ever-changing range of cybersecurity threats. Meanwhile, the market for cybersecurity products and services is booming, but is also changing, with security functionality increasingly being delivered as a service from the cloud. Ovum estimates that spending on cybersecurity protection in 2016 by businesses will exceed $37 billion. In Asia-Pacific, firms are estimated to shell out $6.8 billion in 2016, with related services spend estimated at 5x more. 
  • The Asia-Pacific cyber security market is expected to grow from USD 17.19 billion in 2015 to USD 30.39 billion by 2020, at a CAGR of 12.1% from 2015 to 2020. Cyber security is the protection of systems, networks, and data in cyberspace, which helps in safeguarding organization’s properties against cybercrimes. With the exponential growth and sophistication of cyber-attacks in the last few years, strict compliance and security packages are in demand to protect confidential data of the government, military, public data, banking financial service and insurance (BFSI), hospitals, and other business enterprises. As the frequency of sophisticated attacks on enterprises is growing, the cyber security market is expected to gain traction in the next five years.
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