Artificial Intelligence
Security Analytics Market is Booming as Businesses are Pushed to Face the Reality of cybercrime and Secure their Sensitive Data
Westford, USA, Aug. 03, 2022 (GLOBE NEWSWIRE) — The need for security analytics is on the rise as businesses strive to protect their data from increasingly sophisticated cyber threats. It can help identify and respond to attacks in real time, as well as predict and prevent future attacks. With the ever-growing volume of data, traditional security solutions are no longer adequate. Security analytics provides the ability to sift through large data sets quickly to find the needles in the haystack.
Organizations are starting to realize the value of security analytics and are investing more in this area. A recent study by SkyQuest Technology found that 70% of organizations plan to increase their investment in security analytics over the next two years. On the other hand, the study also found that around 38% of the security professionals believe that they already have well-established security analytics. In the last few years, the global security analytics market has witnessed a considerable rise in the cybercrime activities. In fact, the people and companies around the world had lost around $315 million in 2015, which went on to increased to $5 billion in 2017, which is 15X higher than the initial value. As per a recent study by SkyQuest Technology, the number is expected to reach around $10.5 billion by 2025. This represents why businesses are highly running after security analytics solution.
To get the most out of security analytics, organizations have started investing in data management capabilities. This includes things like data quality control, normalization and enrichment. A good data management strategy will ensure that security analytics tools have the accurate and timely data they need to be effective.
SkyQuest Technology has done a detailed study on the security analytics market and prepared a thorough report that majorly covers market analysis as per application, demand, opportunities, market trends. Moving further, the report also provides in depth insights company share and their SWOT analysis. This would help the market participant in understanding how their competitors are performing and what strategies they are utilizing to stay ahead in the highly competitive security analytics market.
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SkyQuest Carried a Study on Security Analytics Market and Findings are Fascinating
SkyQuest Technology in its recent survey find that cyber threats continue to evolve and become more sophisticated, organizations are recognizing the importance of security analytics in identifying and responding to these threats. Security analytics can help organizations detect abnormal or suspicious activity, understand the scope and impact of an incident, and quickly respond to mitigate damage.
According to a recent study on security analytics market, 70% of organizations plan to increase their investment in security analytics over the next two years. This is a significant increase from previous years, when only 33% of organizations had plans to increase investment in this area. The study found that the primary drivers for this increased investment are the need for better visibility into network traffic and data (61%), improved detection of advanced threats (59%), and faster response times to incidents (58%).
Organizations are also planning to invest in security analytics tools that will enable them to automate responses to incidents (46%) and improve their overall security posture (45%). These investments will help organizations keep pace with the ever-changing threat landscape and protect their critical assets from increasingly sophisticated attacks.
Big Data, AI, and Machine Learning Start-Ups in Security Analytics Eating up Market Share of Existing Players
There is no denying that big data, artificial intelligence (AI), and machine learning are having a major impact on the security analytics market. Start-ups that are focused on these cutting-edge technologies are eating up market share from existing players who have been slow to adapt.
This is particularly apparent in the area of threat detection and response. Start-ups such as Cybereason, Cylance, and Darktrace are using AI and machine learning to deliver next-generation solutions that are far more effective than traditional approaches. As a result, they are winning deals from established vendors such as Symantec, McAfee, and Palo Alto Networks.
The same is true for other security applications in the global security analytics market such as access control, identity management, and vulnerability management. Start-ups like Okta, Auth0, and SentinelOne are leading the way with innovative solutions that offer superior performance and value.
SkyQuest Technology has carried out a study that covers every aspect about how start-ups are coming up with innovative solution to create their space and overcome the market challenges posed by market leaders. This would give market participant a detailed analysis about their tactics and how they are slowly taking market share of established players.
Browse summary of the report and Complete Table of Contents (ToC):
https://skyquestt.com/report/security-analytics-market
Threat Intelligence is On the Rise, But Why?
Threat intelligence is a hot topic in the security analytics market these days. Many organizations are looking to implement threat intelligence programs in order to better protect themselves against cyber-attacks. But what exactly is threat intelligence? And why is it on the rise? Threat intelligence can be defined as “the actionable knowledge of threats that can be used to inform and guide security decisions.
There are many reasons why threat intelligence is on the rise. One is that the number and sophistication of cyber-attacks is increasing. For instance, every day around 2, 200 cyberattacks are carried out around the globe, which translate to around 1 in 39 seconds. In 2021, around 8,000 major cyber-attacks were carried out around the globe that inflicted loss of around $3 billion. It has also been found that North America was hotspot for the attackers as around 1,800 of them were took place in the US alone. China was the second with around 1,100 attacks.
As businesses in the security analytics market become more reliant on digital systems and data, they become more attractive targets for attackers. Another reason is that traditional security methods are no longer as effective as they once were. Firewalls, antivirus software, and other perimeter defense systems can no longer keep out all the threats.
A recent study by SkyQuest Technology found that 60% of organizations are looking to increase their investment in threat intelligence over the next few years. This is unsurprising, given the ever-evolving nature of cyber threats. As attackers become more sophisticated, organizations need to be able to keep up with the latest threats and understand how they can impact their business.
Threat intelligence can be used in a number of different ways, such as identifying new attacks, understanding attacker motivations, and improving detection and response capabilities. By understanding the threats that they face, organizations can be better prepared to defend themselves against them.
SkyQuest Technology has published a report on security analytics that studied the current market dynamics, market trends, value chain, company share analysis. The report also provides insights about porter’s five. This report is prepared keeping the market participants in the mind to provide them with insights about how the security analytics market is changing and what are the current trends that are shaping the market growth.
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User and Entity Behavior Analytics is Trending in Security Analytics Market
Global security analytics market is growing at a rapid pace, and user and entity behavior analytics (UEBA) is one of the hottest areas in the market. Security vendors are incorporating UEBA into their products to provide greater visibility into user behavior and trends.
Organizations are under constant attack from sophisticated cyber criminals who are constantly evolving their methods. In order to keep up with the latest threats, organizations need to be able to detect anomalous behavior that could indicate malicious activity. User and entity behavior analytics can help organizations do just that. By monitoring user activity and looking for patterns of behavior that deviate from the norm, UEBA can help organizations detect threats that other security technologies might miss.
As per SkyQuest Technology, most security vendors offer some form of UEBA, and the competition in the market is only going to intensify in the coming years. Organizations should consider UEBA as they look to bolster their security analytics capabilities.
For better understanding SkyQuest Technology conducted a survey on UEBA in security analytics market. The survey, which was conducted in October 2021, found that 42 percent of respondents said they were planning to implement or expand their use of UEBA within the next 12 months. This represents a significant increase from the 29 percent who said they were using UEBA in 2017. Moreover, the survey also found that UEBA is being used by 38% of organizations for security analytics, ranking it second only to log management (which was used by 41% of respondents). This is a significant increase from last year, when only 26% of organizations said they were using UEBA.
Top Players in Global Security Analytics Market
- IBM(US)
- HPE(US)
- Cisco (US)
- Broadcom (US)
- Splunk (US)
- RSA Security (US)
- McAfee (US)
- FireEye (US)
- Juniper Networks (US)
- LogRhythm (US)
Related Reports in SkyQuest’s Library:
Global Digital Asset Management (DAM) Market
Global Engineering Services Outsourcing Market
Global Video Live Streaming Solutions Market
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: [email protected]
BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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Artificial Intelligence
Malaysia Data Center Market to Witness $3.97 Billion Investment Opportunities by 2029, Get Insights on 34 Existing Data Centers and 33 Upcoming Facilities across Malaysia – Arizton
CHICAGO, April 18, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Malaysia data center market is growing at a CAGR of 13.92% during the forecast period.
To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Malaysia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 3.97 Billion (2029)
Market Size (Area)
883 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
163 MW (2029)
CAGR Investment (2023-2029)
13.92 %
Colocation Market Size (Revenue)
USD 1.23 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Over the next few years, Malaysia is poised to witness significant growth in data center investments, driven by the influx of operators like AirTrunk, Equinix, Princeton Digital Group, and other leading companies. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country’s data centers.
The wholesale colocation sector is projected to experience a revenue surge fueled by major cloud players like Microsoft, Google, and AWS. These companies have unveiled plans to establish dedicated cloud regions within Malaysia, with expected timelines for deployment within the next one to two years. This trend underscores Malaysia’s growing importance as a regional hub for data infrastructure and cloud services.
Malaysia is among the top expensive markets globally for developing data centers. Malaysia’s data center construction cost in 2023 stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Investment Opportunities in the Malaysia Data Center Market
In November 2023, ST Telemedia Global Data Centres announced its plans to develop a new data center campus in Johor. The construction of the first building is likely to begin soon and become operational by 2025. The company formed a joint venture with Basis Bay to develop a new data center campus with two buildings, Cyberjaya DC.2 and STT Kuala Lumpur 1 in Cyberjaya, Selangor.In October 2023, EDGNEX Data Centres by DAMAC announced its plans to enter the APAC market for the first time; the company is considering a facility in Cyberjaya, Selangor. The expected investment can cross the $52 million mark.In October 2023, Infinaxis Data Centre Holdings, the joint venture between Gaw Capital Partners and A3 Capital, announced the construction of its first data center facility in Cyberjaya. The facility will have 10 data halls and will likely be operational by Q2 2025.In September 2023, EdgeConneX announced its plans to expand its footprint in Malaysia with the development of three data centers sites across Bukit Jalil, Kuala Lumpur, and Cyberjaya. The company plans to develop data centers in partnership with Cyberview.To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Market Trends
According to IRENA, in 2022, hydroenergy accounted for around 69% of the renewable energy capacity in Malaysia, followed by solar energy, which contributed about 21%, along with a 10% contribution by bioenergy.Malaysia aims to achieve the target of net-zero carbon emissions by 2050. To make this goal a reality, WWF-Malaysia is partnering with Boston Consulting Group to develop an independent joint study on the country’s optimal net zero pathway.The government of Malaysia has established a green tariff scheme to support its carbon-neutrality target. Under the scheme, subscribers can get electricity from solar or hydro sources instead of fossil fuel sources.Mergers, acquisitions, joint ventures, and partnerships are key strategies employed by operators to expand their portfolios and global footprint. For example:
In December 2023, Chindata Group merged with BCPE Chivalry Merger Sub, a wholly owned subsidiary of BCPE Chivalry Bidco, completing its transition to a private company from a public one.November 2023 saw ST Telemedia Global Data Centres, in a joint venture with Basis Bay, announcing plans to develop a new data center campus with two buildings in Cyberjaya, Selangor.A3 Capital and Gaw Capital Partners formed a joint venture in February 2023 to establish Infinaxis Data Centre Holdings to develop and operate data centers across Malaysia and Southeast Asia.MN Holdings, an engineering services and solutions company, signed a Memorandum of Understanding (MoU) in April 2023 with Shanghai DC-Science, outlining an investment of approximately $600 million to develop a data center site at the Sedenak Tech Park, Johor.Why Should You Buy This Research?
Market size is available regarding investment, area, power capacity, and Malaysia colocation market revenue.An assessment of the data center investment in Malaysia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Malaysia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in MalaysiaFacilities Covered (Existing): 34Facilities Identified (Upcoming): 33Coverage: 9 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in MalaysiaColocation Market Revenue & Forecast (2023-2029)Wholesale vs. Retail Colocation Revenue (2023-2029)Retail Colocation PricingWholesale Colocation PricingThe Malaysia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.Buy this Research @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Post-Purchase Benefit
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Tower and Dry CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IV GeographySelangorJohorOther StatesVendor Landscape
IT Infrastructure Providers
Cisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMInspurLenovoNetAppData Center Construction Contractors & Sub-Contractors
Advance Power EngineeringAsima ArchitectsAVO TechnologyB-Global TechCTC-GlobalCSF GroupCyclect GroupDSCO GroupGamudaGCM TechnologiesHSS EngineersISGKienta Engineering ConstructionLSK EngineeringMES GroupM+W Group (Exyte)MN HoldingsNakanoNTT FACILITIESPowerware SystemsS5 EngineeringShaw ArchitectSunway Construction GroupUnique CentralSupport Infrastructure Providers
ABBCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKOHLER PowerLegrandMitsubishi ElectricNarada Power SourcePiller Power SystemsRittalRolls-RoyceSchneider ElectricSiemensSocomecSTULZTraneVertivData Center Investors
Bridge Data CentresEdge CentresGDS ServicesIRIX (PP TELECOMMUNICATION)Keppel Data CentresNTT DATAOpen DCTM OneVantage Data CentersYTL Data Center HoldingsNew Entrants
AirTrunkAmazon Web Services (AWS)EdgeConneXEquinixFutureData (Cyclect Group + TSG Group)Googlei-BerhadInfinaxis Data Centre HoldingsMN Holdings + Shanghai DC-ScienceMicrosoftNEXTDCPrinceton Digital GroupRegal OrionSingtelST Telemedia Global Data CentresYondrTo Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Key Questions Answered in the Report:
What factors are driving the Malaysian data center industry?
How big is the Malaysia data center market?
How many MW of power capacity will be added across Malaysia during 2024 to 2029?
What is the growth rate of the Malaysia data center market?
Which states are included in the Malaysia data center market report?
Get the Detailed TOC @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
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We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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