The average cost of application breaches in UK businesses has risen to £5.89m per incident, according to the 2018 Application Protection Report from F5 Labs and Ponemon Institute.
Every minute, businesses spend up to $171,233 to protect themselves from cyber threats. Yet, in the same 60 seconds, 1,861 people fall victim to cybercrime, losing $1,138,888. (source: RiskIQ, Evil Internet Minute, based on proprietary and third-party research)
IT too complicated
More than seven out of 10 consumers feel technology has become too complicated over the past five years, causing them to neglect basic IT security. In a survey of 1,000 consumers by Lifeline IT, three quarters admitted to not regularly backing up their laptop or computer. Over half (54%) do not trust cloud storage and only four out of 10 feel confident their entire digital life is securely backed-up.
An incredible year
Futuresource describes 2017 as an ‘incredible’ year for the Video Wall Display market, which saw a 47% increase in sales to $6.4 billion. LCD video walls grew by 45.8% and Narrow Pixel Pitch (NPP) LED grew by 50%. RPC-centric displays (Rear Projection Cubes) showed a minor decline of 8%.
Analysis of personal data requests made to 103 companies operating in Europe shows that 70% failed to respond to requests within the one month time limit stipulated by the General Data Protection Regulation (GDPR), claims Talend.