Despite facing an increasingly volatile semiconductor industry plagued by ongoing macroeconomic and political issues, the secure microcontroller (MCU) market should fare well in the long term. While the forecasted total available market has contracted, especially in the smart home, retail, advertising, and supply chain spaces, secure MCU shipments will only be temporarily adversely affected. According to a new global technology intelligence firm ABI Research report, the secure microcontrollers market will grow to US$2.2 billion by 2026.

Three factors influencing growth in security spending are the increase in remote and hybrid work, the transition from virtual private networks (VPNs) to zero trust network access (ZTNA) and the shift to cloud-based delivery models, according to Gartner, Inc.

In its new whitepaper, Connected & Protected: The Vulnerabilities and Opportunities of IoT Security, global tech market advisory firm ABI Research explores how the exponential growth in IoT connections will usher in a new era of connectivity and productivity along with a slew of new threat vectors and vulnerabilities.

One year ago, COVID-19 was declared a global health emergency, impacting all sectors virtually overnight. With the pandemic hitting this benchmark, Forrester analysts are available for interviews to discuss how specific sectors have been impacted these past months worldwide, as well as what 2021 will look like as we keep adjusting to this “new normal.”

A new whitepaper from Parks Associates reports 40% of US broadband households have trialed at least one OTT video service during the COVID-19 crisis, while one-third of smart home device owners have increased usage of these products.

Security spending in critical infrastructure has been little impacted by the Covid-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased demand for secure remote connectivity.

International research firm Parks Associates finds 67% of security system owners, which equates to 20% of all US broadband households, h

According to analysts at Ponemon Research, the cost of a data breach has risen 12% over the past 5 years1 and now costs $3.92 million on average. These rising expenses are representative of the multiyear financial impact of breaches, increased regulation and the complex process of resolving criminal attacks.

As businesses become increasingly concerned about the impact cybersecurity can have on business outcomes, security leaders should harness that increased support to improve their organization’s resilience while elevating their own standing, Gartner Inc. says.

Consumer demand for OTT content and online video continues to increase, and content delivery network providers such as Akamai have developed solutions that ensure the highest quality and security for clients and their end user, according to Peter Chave, principal architect for Akamai, in a podcast interview with BizTechReports in which he discussed advances in online video fidelity and the horizon beyond quadrature amplitude modulation (QAM).

“A very determined cyber-criminal has very high odds of getting into your system.  The new war is about planning for a cyber security breach and being able to detect, respond, isolate and eradicate that breach. Many companies are practicing good cyber hygiene.  But for the very advanced hacks—you have to detect them.” – Bryce Austin, CEO of TCE Strategy