Artificial Intelligence
BlueVoyant Research Reveals U.K. Organisations Are Increasing Their Focus on Supply Chain Cybersecurity Risk
97% have been negatively impacted by cybersecurity breaches in their supply chain in the past year as cyber risk visibility proves a key pain point
LONDON, Dec. 7, 2023 /PRNewswire/ — BlueVoyant, a cybersecurity company that illuminates, validates, and mitigates internal and external risks, today published the findings of its fourth annual global survey into supply chain cyber risk management. The U.K. results show that reducing supply chain cyber risk remains a persistent problem. A concerning 97% of surveyed U.K. organisations report suffering negative impacts from a breach in a third party or supplier partner in the last year, a figure that has remained the same for the past three years.
While U.K. businesses have struggled to move the dial on supply chain cybersecurity to date, the combined survey findings show evidence of growing focus. Increasing board oversight, growing budgets, and rising third-party monitoring frequency are reasons to anticipate a positive shift in the future.
The study was conducted by independent research organisation, Opinion Matters, among 2,100 chief technology officers (CTOs), chief security officers (CSOs), chief operating officers (COOs), chief information officers (CIOs), chief information security officers (CISOs), and chief procurement officers (CPOs), with 300 respondents from the U.K., in organisations with more than 1000 employees across a range of industries. It covered 11 countries across North America, Europe, and Asia Pacific.
Supply Chain Cybersecurity and Risk Visibility Problems Persist
Key findings from U.K. organisations include:
The average number of supply chain/third-party originated breaches reported in the U.K. stood at 3.91, a slight drop from 4.26 in 2022 but still higher than 2021’s figure of 3.57. Twenty-five percent of respondents had suffered between 6 and 10 breaches, a rise from last year’s figure of 21%.Sixty-eight percent say that supply chain/third-party cybersecurity risk is either not a priority or only somewhat of a priority, a rise from 62% who said this in 2022.Risk awareness remains almost static. 44% of U.K. respondents saying that supply chain/ third-party cyber risk is not on their radar, compared with 43% in 2022.37% of U.K. respondents say they have no way of knowing if an issue arises with a third-party/supplier’s cybersecurity. This figure is consistent with last year’s responses and is considerably higher than the global average of 26%.There are signs that monitoring frequency is improving. This year, 46% say they monitor third-party supplier risk monthly or more frequently, an increase from 39% who reported this frequency last year.Reporting frequency is rising. There is a growing requirement to brief senior management teams more regularly on third-party cybersecurity risk. Forty-four percent brief monthly or more frequently, among whom 8% brief daily. This is an increase on last year when 39% briefed monthly or more frequently and 5% briefed daily.Joel Molinoff, BlueVoyant’s global head of Supply Chain Defence, said: “U.K. businesses are still struggling to make progress on reducing supply chain and third-party cyber risk. Awareness and prioritisation remain low and breach frequency is persistently high. However, there are positive signs around rising monitoring rates and increased frequency of senior leadership briefings that may signal the start of a more determined and dynamic approach.”
U.K. Budgets Are Recovering, Driven by High Profile Supply Chain Cyber Breaches
More U.K. organisations report budget growth this year, with 87% expecting budgets to rise, and the average expected increase at 57%. Last year, only 79% expected budgets to rise and the average increase was lower, at 51%.
The survey found that high-profile breaches are exerting an upward influence on budgets, with 51% of U.K. respondents expecting them to lead to more budget for internal resources to help protect against supply chain security issues and 52% believing it will result in more budget for external resources.
High-profile supply chain breaches have also prompted increased scrutiny and oversight from 42% of boards among the surveyed U.K. companies.
Pain Points Around Visibility and Managing Supplier Performance
Among the global research cohort, the top three pain points are internal understanding that third-party/suppliers are part of the company’s cybersecurity posture (19%); working with third-party suppliers to improve their performance (17%); and meeting regulatory requirements and ensuring third-party cybersecurity compliance (16%).
However, U.K. respondents reported a different range of pain points. The most common issue is getting up to date visibility into the organisation’s current risk position, reported by 22% in the U.K. compared to 15% globally. The second-most prevalent issue also relates to visibility, as 20% of U.K. respondents reported blind spots where the organisation doesn’t have the resources and visibility to spot emerging risks (16% globally). The third most common issue for U.K. respondents is understanding how to penalise third parties/suppliers when they don’t respond or remediate issues (19%).
On a related note, it seems U.K. businesses are prepared to be more proactive than global peers when it comes to managing supplier security performance; 22% say they work with the third-party/supplier each step of the way to rectify identified issues, compared to 19% globally.
Automation
Automation can help relieve the burden of managing cyber risk across large and complex supply chains, but most still prefer a mix of in-house or external analyst resources with automation used in certain areas. Fifty-four percent of U.K. respondents are taking this approach, while only 20% are using automation technology wherever possible.
Molinoff concludes: “U.K. organisations have identified clear pain points around supply chain risk visibility and managing supplier performance. They must now focus their energies on deploying methods that proactively illuminate and reduce cyber risk, delivering continuous coverage to eliminate blind spots and enabling supplier collaboration to remediate threats as soon as they emerge. With increasing budgets for internal and external support and growing focus among senior leaders, we expect to see investment in intelligent risk management solutions start to pay dividends. There is undoubtedly scope to introduce more automation and AI-powered solutions to manage third-party cybersecurity risk, and this is an area that U.K. companies should explore.”
Learn more about the full global BlueVoyant research report: The State of Supply Chain Defence: Annual Global Insights Report, including analysis across countries and vertical sectors.
About BlueVoyant
BlueVoyant combines internal and external cyber defense capabilities into outcomes-based, cloud-native cybersecurity solution by continuously monitoring your network, endpoints, attack surface, and supply chain, as well as the clear, deep, and dark web for threats. The full-spectrum cyber defense products and services illuminate, validate, and quickly remediate threats to protect your enterprise. BlueVoyant leverages both machine-learning-driven automation and human-led expertise to deliver industry-leading cybersecurity to more than 900 clients across the globe.
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Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Artificial Intelligence
CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review
CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).
The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
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