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Information Security: At the onset, set the philosophy and strategy right, says N. Raman, Group GM CISO, ONGC – Express Computer

The enterprises should set right, the security philosophy instead of focusing on security solutions, products, softwares, etc. The technicality of security should not be primary. In many occasions, information security is taken as an afterthought, whereas it should be seen as a business and a board function and not a technical function. Security is a board function nowThe information security and cyber security should be integrated. It should be embedded right from conceptualising to the disposal stage, for e.g. zero trust is currently a widely discussed topic, says N. Raman, Group GM CISO, ONGC.Usually, on an ongoing basis, for e.g the operations department implements a solution for cost reduction or improving efficiency and then it is being brought to the IS department, as an afterthought for the sake of compliance. This is not the right approach. There is a mad rush for acquiring solutions to immediate challenges and then gaps remain, when compared to regulatory requirements, which is a big challenge, says Raman.The corporate ecosystem is growing up to the realisation about CISO being a board function and relatively more important than other corporate functions.

To listen to more views from N. Raman, Group GM CISO, ONGC, click on the below link.

Gaining New Insights into the Data Movement with Modern Network and Edge

Balancing growing digitisation and security requirementsONGC comes under the Critical Information Infrastructure (CII) category. Recently, requirements have come-in to integrate the operations technology (OT) with the internet. This is a major challenge as it amounts to security repercussions, says Raman. There is a demand from the government for growth in digitisation to ramp up business productivity, coupled with the onslaught of security regulations of unprecedented nature. Its imperative to balance the both, which is also a major challenge for government organisations. The benefits of cloud computing is driving government adoption of cloud in one of the many options that cloud is offered however it has its own share of security challenges too. The current staff is also ill equipped to handle the changing technology landscape. IS initiatives at ONGCThe oil major is setting up an information security operations centre (ISOC), which will be operationalised soon. Moreover, threat gathering is an area that is being done with the help of the Govt, and IS vendors. In case of breach incidents reported in the media, the remedial measures should not be taken on the basis of paper cuttings. One has to see the full picture and have a look at the hashes, IPs and domains, etc. Additionally, we are also getting feeds from National Critical Information Infrastructure Protection Centre (NCIIPC), CERT-in and MHA. Security feeds play a major role and provides insights about the global cyber threat scenario, says Raman. The processes are being put in place in this direction.ONGC is also in the process of laying out an initial set of baseline guidelines from the regulatory bodies for securing the OT systems. Initiatives on the people part of the people, process, technology triad are being taken. The endpoint security is of paramount importance and thus the VAPT tests will soon be exercised. In an already established process of simulating the exercise of sending phishing emails, the plan is to continue with the programme. The regulatory regime issues lengthy guidelines and regulations, which equally applies to the OT systems, thus the company is mulling on simplifying some specific guidelines on OT. Even, globally, the regulators have not come to a crystalline and conclusive regulatory approach. On the adoption of cloud computing, Raman says, it is more suited to the customer focussed industries, where demand elasticity is higher compared to the oil industry. Its also important that the skills of the employees are upgraded to matchup to manage the cloud system and we are in the process of getting skill certifications. Even the world over, our kind of organisations hasnt gone for cloud adoption because of lack of demand elasticity, concludes Raman.

N. Raman, Group GM CISO, ONGC was expressing his views during a vRoundtable organised by Express Computer partnering with Forcepoint

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Information Security: At the onset, set the philosophy and strategy right, says N. Raman, Group GM CISO, ONGC - Express Computer

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Cloud Security Alliance’s New Internet of Things (IoT) Security Controls Framework Allows for Easier Evaluation, Implementation of Security Controls…

SEATTLE--(BUSINESS WIRE)--The Cloud Security Alliance (CSA), the worlds leading organization dedicated to defining standards, certifications and best practices to help ensure a secure cloud computing environment, today announced Internet of Things (IoT) Security Controls Framework Version 2 and the accompanying Guide to the Internet of Things (IoT) Security Controls Framework. Created by the CSA IoT Working Group, the updated Framework includes several significant changes, most notably the development of a new domain structure and infrastructure. Together with the companion piece, the Framework will make it easier for organizations to evaluate and implement security controls within their IoT architecture.

Enterprises are finding themselves in a position where they must not only adopt new IoT technologies but plan for accessible, secure, and resilient deployments. Not an easy task given how quickly these technologies and new threats are evolving, said IoT Working Group Co-chair and lead author Aaron Guzman, product security lead, Cisco Meraki. The Framework provides a starting point for organizations looking to better understand and implement security controls within their IoT architecture.

The IoT Security Controls Framework, first released in early 2019, introduced 155 base-level security controls required to mitigate many of the risks associated with an IoT system that incorporates multiple types of connected devices, cloud services, and networking technologies. Today, it continues to be used by system architects, developers, and security engineers in evaluating their implementations' security as they progress through the development lifecycle to ensure they meet industry-specified best practices.

As the IoT market continues to grow, so, too, is an overall reliance on IoT-generated features and data. With this framework and guide, it was our intention to provide enterprises with direction on how to create a safe IoT environment with security that both addresses the unique risks involved with IoT and employs appropriate implementation mitigation measures, said Brian Russell, IoT Working Group Co-chair and one of the papers lead authors.

The most significant changes in Version 2 include:

Applicable across many IoT domains, ranging from systems processing only low-value data with limited impact potential to highly sensitive systems that support critical services, the Framework lets system owners classify components based on the value of data being stored and processed and the potential impact of various physical security threats. Once identified, security controls can be allocated to specific architectural components, including devices, networks, gateways, and cloud services.

The CSA IoT Working Group develops frameworks, processes and best-known methods for securing these connected systems. Further, it addresses topics including data privacy, fog computing, smart cities and more. Individuals interested in becoming involved in future IoT research and initiatives are invited to visit the Internet of Things Working Group join page.

The IoT Security Controls Framework complements the Cloud Controls Matrix, CSA Enterprise Architecture, and other best practices as part of a holistic approach to securing the cloud ecosystem. The Framework and accompanying guide are free resources and are available for download now.

About Cloud Security Alliance

The Cloud Security Alliance (CSA) is the worlds leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud from providers and customers to governments, entrepreneurs, and the assurance industry and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at http://www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.

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Shipping needs to raise its cyber game. – Lloyd’s Register

The shipping industry is lagging behind other industrial sectors in the all-important field of cyber security. Ben Densham, Chief Technology Officer of Nettitude, the cyber security services provider of Lloyds Register, warns of a rising incidence in attacks, with ransomware and targeted cyber assaults both becoming more common.

As the pace of shippings digital transformation accelerates, the threat surface is expanding all the time, he warned. and the onset of the pandemic has coincided with a marked increase in malicious attacks. The combination of circumstances provides more opportunities for hackers and, as a result, all parties in maritime must exercise utmost vigilance.

As well as being directly impacted and disrupted by events such as ransomware, Densham noted that hackers who find their way into digital systems are targeting increasingly complex supply chains through sophisticated methods. He drew attention to the recent high-profile cyber-attack on SolarWinds, a US federal software contractor, widely thought to have been state-sponsored.

Hackers were able to plant malicious code in software which then lay dormant for a number of weeks before being triggered to attack government departments, federal agencies, many Fortune 500 companies and even the mighty Microsoft itself.

On taking over as US President on January 20, Joe Biden ordered an immediate investigation into the SolarWinds incident, the full extent of which is still not clear.

So far, shipping is not thought to have been affected by the SolarWinds attack but Densham pointed out that growing sophistication across the hacking community needs to be met with the utmost security diligence.

He and his colleagues, who also provide cyber security services in other key sectors including financial services, defence, government and healthcare, are concerned that attention to cyber safety in shipping and ports is simply not keeping pace.

Densham highlighted similar sectors including logistics and offshore. Both of these industries are on the leading edge of digital development, he said, and there are a lot of lessons around cyber security that can be learnt from these sectors.

In contrast, many shipping companies view digital defence as merely a compliance issue, rather than a constant and dynamic threat that needs to be managed.

Whilst the IMOs cyber initiatives are helpful, Densham explained why, on their own, they are not sufficient to meet the rapidly developing threat environment.

The IMO guidelines set the overall future direction for the industry. But cyber security needs to be dealt with at pace and with agility. Were talking here about highly motivated and mentally agile hackers set on causing cyber disruption, he said. It is a fast-moving scene which can change by the minute. We see this every day just ask one of our financial services clients and the backdrop is very different now, compared with 12 months ago..

When it comes to autonomous vessels, marine and offshore autonomous development is advancing, Densham stated. But there are both lessons to be learnt from other sectors such as autonomous vehicles and cyber security needs to be seen intrinsically and not as an afterthought or bolt on to a development programme.

Densham revealed that one of Nettitudes most sought-after services from clients are requests from companies seeking to test whether or not their cyber defence systems are sufficiently robust. This usually involves Nettitude specialists taking on the role of the threat actor, seeking to identify gaps in security systems or other weaknesses.

Some shipping companies, he said, already have teams of in-house Offensive Penetration Testers, sometimes known as hackers, employed specifically for this purpose thereby demonstrating the type of proactive approach that is necessary. However, for many, it is merely a compliance issue and another box to tick, he said.

Densham singled out cruise lines and navies as leaders in the maritime cyber security field.

Cruise liners are effectively floating cities, he commented. They need to be secure across many digital arenas, including personal data, health, finance, retail, inventory management, always-on internet services, ship operation, and so on.

Cruise lines dynamic approach sets a good example, Densham said. Being ready for an attack is key, not merely protected by yesterdays systems.

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Victims of SolarWinds Cyberattack Face Investigation Costs, Liability Issues – Bloomberg Tax

While the customers impacted by the recent SolarWinds Corp. cyberattack are rightly being described as victims, they are nonetheless facing significant costs stemming from the incident.

SolarWinds customers will need to determine whether any of their data was accessed or exfiltrated. Making that determination requires a digital forensics investigation, typically involving a third-party security vendor.

The forensics bill depends on factors such as the number and types of devices and systems on a network, the geographic distribution of the network, and whether the customer already had a contract with a security vendor to provide such services in the event of a security incident.

If investigators determine that certain categories of personal information of residents of U.S. states or certain foreign countries was accessed or exfiltrated from a SolarWinds customer, the victim will need to provide notices to affected individuals. It is considered a best practice to offer credit repair and monitoring services and call centers to assist affected individuals.

Depending on its contracts, the victim company also may be required to notify its business customers and vendors and to reimburse them for expenses they incur in investigating and mitigating the effects of the breach and providing notifications. It may also be required to indemnify them for third-party lawsuits and regulatory proceedings.

The victim company may also be required to notify regulators or state attorneys general. Such agencies may issue fines if their investigations find that the companys cybersecurity practices were not adequate or that the company did not notify within a required time frame. Additionally, the victim company may incur substantial costs in defending consumer, business partner, or shareholder derivative lawsuits.

Furthermore, after it has been determined that an adversary has accessed a network, there is a debate about whether any device on the network can be trusted and remain in use. Many IT security practitioners recommend fully rebuilding a network that has been breached by malware.

Once the security incident has occurred, there are limits to what a company can do to minimize its liability. It can work cooperatively with its business partners to reduce the likelihood that they will sue. But other costs, such as class action suits, regulatory fines, or legal fees are considerably less controllable.

Not surprisingly, the best time to address potential liability for a security incident is before it happens. All companies, regardless of whether they were victims of the SolarWinds breach, should consider taking the following proactive measures:

In fact, many statutes and regulatory frameworks, such as the New York SHIELD Act, the Massachusetts Standards for the Protection of Personal Information, the rules and guidelines issued under the federal Gramm-Leach-Bliley Act, and New Yorks Department of Financial Services Cybersecurity Regulation, require risk assessments, written security plans, and the use of reasonable cybersecurity measures.

Also, the California Consumer Privacy Act gives private litigants a right to sue if their personal information is exfiltrated as a result of a companys failure to use reasonable security measures.

What security measures are reasonable is heavily driven by the risk assessment. Recognized standards such as ISO 27001, the National Institutes of Standards and Technology Cybersecurity Framework, or the Center for Internet Security Critical Security Controls can be used to determine what is reasonable. Using an accredited outside vendor to certify compliance can help establish the proper diligence.

Common best practices include network segmentation, appropriate logging, use of intrusion detection systems, multi-factor authentication, use of current encryption standards in connection with data at rest and in transit, strong password requirements, use of password managers, regularly backing up data and testing the restoration of data, patching and vulnerability management, and regularly testing security controls and incident responses. Data retention policies also should not be overlooked , since data that a company has not retained cannot be the subject of a data breach.

Educating employees about risks and best practices is also important. Additionally, companies should foster close multi-stakeholder coordination and communication about security. Representatives from the security organization, legal, IT, procurement, and product or sales groups should be included in the discussions.

Companies have exposure to significant potential liability arising from the SolarWinds security incident and a short set of options for limiting that liability. The best time for a company to limit its liability for security incidents is before they happen.

This column does not necessarily reflect the opinion of The Bureau of National Affairs, Inc. or its owners.

Write for Us: Author Guidelines

Andrew Baer is chair of the Technology, Privacy & Data Security group at Cozen OConnor where he focuses his practice on cutting-edge technology transactions on both the buy-side and sell-side, cloud computing, data privacy, security compliance, software, and transactions in the digital advertising ecosystem.

Christopher Dodson is an attorney at Cozen OConnor, where he focuses his practice on privacy, technology, and regulatory law. He works extensively with clients on issues rated to compliance with the GDPR, CCPA, and privacy and data security laws.

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Global IT Security Spending Market with (Covid-19) Impact Analysis: Growth, Latest Trend Analysis and Forecast 2025 KSU | The Sentinel Newspaper -…

A recently published report titled Global IT Security Spending Market 2020 by Company, Regions, Type and Application, Forecast to 2025 by MarketsandResearch.biz broadly analyzes the markets critical aspects such as the vendor landscape, market dynamics, and regional analysis. The report offers end to end industry from the definition, product specifications, and demand till forecast prospects. The report comes out as a compilation of key guidelines for players to secure a position of strength in the global market. The report states global IT Security Spending industry developmental factors, historical performance from 2015-2025. The segmental market view by types of products, applications, end-users, and top vendors is given. In addition, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Market Landscape Analysis:

The report provides comprehensive research that focuses on overall consumption structure, development trends, and sales of top countries in the global IT Security Spending market. The research study deeply analyzes the global IT Security Spending industry landscape and the prospects it is anticipated to create during the forecast period from 2020 to 2025. Key segments are studied about different factors such as consumption, market share, value, growth rate, and production. The report analyzes region-wise revenue and volume for the forecast period of 2015 to 2025.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/132565

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

Market competition by top manufacturers as follows: Check Point Software Technologies, Symantec, Fortinet, Cisco Systems, Palo Alto Networks, EMC, Akamai Technologies, McAfee, Juniper Networks, Trend Micro, Dell SonicWALL, IBM, Avast Software, Microsoft, F5 Networks, Citrix Systems, AVG Technologies, Imperva, Hewlett-Packard, Barracuda Networks, Panda Security, Trustwave Holdings, Radware, Sophos

Based on product types, this report focuses on the status and outlook for product types, consumption (sales), market share, and growth rate for types, including: , Internet Security, Endpoint Security, Wireless Security, Cloud Security

Based on application, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including: , Commercial, Industrial, Military and Denfense, Others

Global IT Security Spending market segment by regions, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

The report delivers marketing type analysis, market supply chain analysis, international trade type analysis, and traders or distributors by region with their contact information. The description of the products comprises the various ex-factors, production & consumption rates, and other factors about the products. The global IT Security Spending market report additionally focuses on investigating product capacity, product price, profit streams, supply to demand ratio, production and market growth rate, and a projected growth forecast.

Guide For Report Investment:

ACCESS FULL REPORT: https://www.marketsandresearch.biz/report/132565/global-it-security-spending-market-2020-by-company-regions-type-and-application-forecast-to-2025

Moreover, the report minutely studies all such factors which are essential to be known by all major industry players operating into this market or new players planning to enter this global IT Security Spending market. The report examines the global IT Security Spending market breakdown and anticipates the market volume related to volume and value.

Customization of the Report:

This report can be customized to meet the clients requirements. Please connect with our sales team (sales@marketsandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketsandresearch.bizWeb: http://www.marketsandresearch.biz

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Orange Business Services Flexible SD-WAN Supports Getinge With Increased Agility to Aid the Health Industry – BioSpace

Jan. 27, 2021 09:00 UTC

PARIS--(BUSINESS WIRE)-- Getinge, a leading global supplier of medical technology products and systems, chose Orange Business Services to deploy a software-defined wide area network (SD-WAN). The solution has supported the Sweden-based multinationals network performance, while increasing security and supporting its cloud-first strategy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210127005045/en/

Flexible SD-WAN from Orange Business Services has helped Getinge build a resilient, secure cloud-based infrastructure that tackles moving business challenges in an unpredictable marketplace. (Photo: Business Wire)

The Orange Flexible SD-WAN solution connects more than 100 Getinge sites globally, simplifying the management and operation of its infrastructure. Additionally, the network provides flexibility, scalability and end-to-end visibility, improving both the user and customer experience.

Due to the global pandemic, Getinge has adapted parts of its production and support models related to the production of advanced ventilators and associated devices. Flexible SD-WAN enabled the company to better support rapid changes in the marketplace and fully support its increasingly distributed workforce. Orange also provides cloud and internet security.

SD-WAN: an essential tool for a cloud-first strategy

A cloud-first strategy can impact the network. Flexible SD-WAN offers secure access to the cloud, enabling traffic to flow to the internet from the closest link. The Orange SD-WAN solution provides Getinge with efficient, secure and fully automated end-to-end network orchestration, from end-users to cloud-based applications at an attractive price-performance ratio.

Flexible SD-WAN from Orange Business Services has helped us build a resilient, secure cloud-based infrastructure that lets us tackle moving business challenges in an unpredictable marketplace. Due to rapidly changing traffic patterns in the network we needed a future-proof solution that enabled us to effectively support the healthcare industry with devices they are most in need both during the current pandemic and beyond, said Ludovic Batal, CIO, Getinge.

Getinge is on a strong transformational path with its SD-WAN infrastructure. We are pleased that the company chose Orange as its partner on this exciting journey in moving its operations to the cloud. Providing efficient, flexible and secure networking services is key to this transformation, says Fabrice de Windt, senior vice president, Europe, Orange Business Services.

About Getinge With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs over 10,000 people worldwide and the products are sold in more than 135 countries.

About Orange Business Services Orange Business Services is a network-native digital services company and the global enterprise division of the Orange Group. It connects, protects and innovates for enterprises around the world to support sustainable business growth. Leveraging its connectivity and system integration expertise throughout the digital value chain, Orange Business Services is well placed to support global businesses in areas such as software-defined networks, multi-cloud services, Data and AI, smart mobility services, and cybersecurity. It securely accompanies enterprises across every stage of the data lifecycle end-to-end, from collection, transport, storage and processing to analysis and sharing.

With companies thriving on innovation, Orange Business Services places its customers at the heart of an open collaborative ecosystem. This includes its 27,000 employees, the assets and expertise of the Orange Group, its technology and business partners, and a pool of finely selected start-ups. More than 3,000 multinational enterprises, as well as two million professionals, companies and local communities in France, put their trust in Orange Business Services.

For more information, visit http://www.orange-business.com or follow us on LinkedIn, Twitter and our blogs.

Orange is one of the world's leading telecommunications operators with revenues of 42 billion euros in 2019 and 257 million customers worldwide at 30 September 2020. Orange is listed on the Euronext Paris (ORA) and on the New York Stock Exchange (ORAN). In December 2019, Orange presented its new "Engage 2025" strategic plan, guided by social and environmental accountability. While accelerating in growth areas, such as B-to-B services and placing data and AI at the heart of innovation, the entire Orange Group will be an attractive and responsible employer.

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210127005045/en/

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These 6 Bad Habits That Could Put Your PCs Security Under Threat – PC-Tablet

Falling into bad habits unconsciously inculcated over time is all too easy, especially when those habits either make your life a little easier or maybe just make you think that they have made your life easy. Many individuals casually practice bad cybersecurity habits without ever realizing that they are falling victim to different cybersecurity threats.

When it comes to cybersecurity most people either get overconfident or laid back and these silly little mistakes can cost way more than they ever expect. With the lack of coverage about cybersecurity it is only natural to forget about the tons of threats lurking on the web ready to prey on your PC, after all, if it is out of sight, its out of mind. However, it cannot be ignored that cybercriminals also use human traits and habits to facilitate cybercrimes.

Habits like creating a poor password, taking shortcuts, not updating your PC, and so on can be dangerous for your data and PC. For starters, you can take simpler steps like getting yourself a trusted online security solution. This can ensure your internet security and take care of your online privacy and personal information, thus keeping your PC safe. The first steps towards being cyber secure are of utmost importance and once this is done you can work on other fronts as well. Another important step will be recognizing the bad habits and, hopefully, avoiding them.

So, here is a list of bad habits that can put your PCs security under threat:

Most people seek convenience rather than security when it comes to passwords. This results in people keeping passwords like 12345678 or qwerty123, all this constitutes bad password practices. Even if you may have a good password, there are some things that you should always keep in mind like:

Delaying application of security patches is one blunder mistake that individuals, as well as companies, often tend to do. This may lead to stressful maintenance cycles and inconvenient interruptions or threats to your system. By relying on security automation, you will be able to eliminate tasks that require manual effort and the skill required to do it. It will also reduce the risks of human error.

Software flaws or vulnerabilities are always exploited by cybercriminals who use this as an opportunity to infect your computers with malware. These infections can also happen without you being aware of them. You could have been the victim of a drive-by-download that contains a website that has an exploit kit used to look for software vulnerabilities on your system. And if any vulnerability is found, it takes advantage of the same and automatically installs malware. To avoid this, it is best to always keep your computers and other devices up to date with the latest updates and patches.

Cybercriminals never rest and are always on the lookout for new cybercrime opportunities. Phishing and identity theft tactics are continually being updated to keep up with the new technologies. Not knowing enough about your security can land you in a lot of trouble. But this too can be managed. It is better to get into the habit of keeping up to date with the latest cybersecurity advancements. To make your work easier, you could also get yourself trusted identity protection that keeps your personal data secured. Being up to date about these cybersecurity issues and protecting your online privacy and personal information should always be your priority.

Most individuals overlook the need for strong email security measures relying on whatever built-in security has been provided by their respective e-mail client. This can be a mistake you may not want to commit as it makes cyber threats like malware download or a malicious website link into emails. Cyber risk assessment is imperative and may help you in such cases.

Not using 2FA (two-factor authentication) could probably be the stupidest thing to do. It is really easy to set up and its multi-layered security, consists of an OTP along with a memorized password. Using such a combination makes it really difficult to hack your accounts. 2FA is a simple, easy to use and mostly an efficient tool that provides layered security and should not be ignored.

Bailing out on cybersecurity simply for the sake of convenience or taking shortcuts can work once or twice but it is a potential threat that may make you regret it later. Bad or vague cybersecurity habits can lead you into unknown, unintentional, and uninvited trouble, thus, it is better to gradually learn safer cybersecurity habits and educate yourself about online safety.

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DDoS Attacks Increased Rapidly During the COVID-19 Pandemic as Hackers Exploited New Tools and Techniques – CPO Magazine

Report by A10 Networks says that Distributed Denial of Service (DDoS) attacks continuous growth became a significant cybersecurity threat and nuisance in 2020. The firms threat intelligence report says that DDoS attacks became more intense and sophisticated during the COVID-19 pandemic as organizations struggled to support the remote workforce during the work from home period.

The group says it observed over 200,000 compromised devices and analyzed their behavior and the exploits employed to hijack the gadgets.

The A10 research team observed attack agents controlled by botnet command and control (C2) through the deployments of honeypots and scanning DDoS attack amplification sources.

The researchers noted that DDoS attacks increased during the COVID-19 crisis as threat actors exploited the pandemic to execute large and small-sized attacks on various victims, including healthcare, education, and government.

Consequently, the research group witnessed an expanding attack landscape in 2020 caused by the COVID-19 pandemic. The report states that DDoS attacks continue to be the biggest nuisance during the COVID-19 pandemic and in the foreseeable future. Most notably, A10 Networks witnessed an increase in DDoS weaponry by 12% within the second half of 2020.

Rich Groves, Director of Security Research at A10 Networks says that the increase in the number of DDoS weapons and connected devices, the 5G network rollout, and the use of new exploits and malware by attackers, made it very easy for these IoT devices to be compromised.

5Gs improved internet connection speeds led to increased internet traffic, ultimately leading to an increase in the number of attacks.

A10 report also correlated with Amazon and Googles observations indicating that DDoS attacks peaked at 2.3 Gbps on amazon web services and 2.5 Gbps on Googles cloud platform. Akamai also blocked 809 million packets targeting the Akamai platform on June 21, 2020.

The high volume of online shopping occasioned by COVID-19 pandemic also led to increased DDoS attacks during the holiday shopping season.

The team discovered changes in the DDoS weapon choice used by threat actors during the DDoS attacks experienced during the COVID-19 pandemic. The previously-preferred DDoS weapon Portmap dropped in popularity to the third position during the second half of 2020.

Simple Services Discovery Protocol (SSDP) became the most preferred DDoS weapon used in 2,581,384 attacks, while SNMP (1,773,694) took the second position. ODNS Resolver (1,706,338) and TFPT (1,409,121) occupied the fourth and fifth positions respectively.

A10 researchers noted exponential growth in DDoS attacks from botnets located in India. Botnets are compute nodes including routers, IP cameras, servers and computers, IoT devices, etc., infected with malware and used to carry out DDoS attacks.

The report authors noted that botnets provide the ultimate flexibility to DDoS attackers as they can be sourced from different locations across the globe, depending on the attackers requirements.

A10 network researchers found 130,000 unique IP addresses exhibiting scanning behavior resembling that of the Mirai botnet in the first two weeks of Sept. 2020. The research tracked a total of 846,700 botnet agents during the period.

A leading Indian broadband provider was the single largest contributor of DDoS activity, according to the report. The broadband provider was associated with up to 200,000 unique sources of Mirai-like activity at the height of the campaign.

India hosted about a third (32%) of botnet agents, followed by Egypt hosting almost a quarter (24%) of hijacked devices. China (17%) emerged as the third source of DDoS botnets while Brazil (2%) and Taiwan (2%) tied at the fourth position. Top ASNs hosting botnet agents include Hathway India (26%), Telecom Egypt (24%), China Unicom (11%), China Telecom (4%), and MTNL India (3%).

The research notes that although DDoS attacks were globally distributed, they frequently originate from certain countries. The report also found that those countries hosted the majority of DDoS weapons. In determining the top sources of DDoS weaponry, the researchers analyzed the autonomous system number (ASN), a group of IP addresses under a single administrative operator. They observed that large numbers of weapons belonging to their users can remain connected to their network and play a role in attacking other systems.

China displaced the United States as the leading DDoS weaponry source, pushing it to the second position. The country hosts 2,000,313 DDoS weapons compared to the United States 1,900,812. South Korea (1,140,497) maintained its third position while a new entrant, Brazil (756,540), occupied the fourth position, pushing Russia (679,976) one step down to the fifth position. The remaining 7,291,999 DDoS weapons resided in other countries across the world.

Top organizations hosting DDoS weapons include China Telecom (767,898), Korea Telecom (703,639), China Unicom CN (665,053), Taiwanese Chungwha Telecom (286,973), and CANTV Venezuela (286,019).

The amplification of DDoS attacks involves sending small requests to the victims IP address, causing the servers to reply with large amplified responses.

DNS, NTP, SSDP, SNMP, and CLDAP UDP-based services are usually exploited during these types of attacks.

In the second half of 2020, A10 Network researchers observed more than 2.5 million unique systems exploiting SSDP services. In total, the researchers tracked more than 11.7 million amplification attacks.

For SSDP-based attacks, the top countries were South Korea with 436,165 unique sources, followed by China (320,828) and Venezuela (289,874).

The United States (557,280), China (291,717), and Russia (97,512) topped SNMP unique amplification sources.

The researchers advised organizations to carry out various security operations to rule out the possibility of compromise. A10 network researchers advised businesses to check their network traffic and drop connections they do not need.

A10 Networks said #DDoS attacks increased during the pandemic as #hackers exploited new tools, 5G networks, and the rising numbers of #connecteddevices. #cybersecurity #respectdataClick to Tweet

Updating IoT devices, employing DDoS baselining, artificial intelligence (AI) and machine learning (ML) techniques was also encouraged.

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DDoS Attacks Increased Rapidly During the COVID-19 Pandemic as Hackers Exploited New Tools and Techniques - CPO Magazine

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The Week That Will Be – Lawfare

Event Announcements (More details on the Events Calendar)

Monday, January 25, 2021, at 1:00 p.m.: The Brookings Institution will host a webcast on the future of federal court reform. Keynote remarks will be made by Eric Holder, former U.S. attorney general. Susan Hennessey, senior fellow in Governance Studies and Lawfare executive editor, will moderate a panel discussion with Daniel Epps, law professor at Washington University in St. Louis; Christopher Kang, co-founder and chief counsel of Demand Justice; Marin K. Levy, law professor at Duke University and Molly E. Reynolds, senior Brookings fellow, about existing reform proposals. You can register here.

Monday, January 25, 2021, at 2:30 p.m.: The Atlantic Council will host a discussion on the future of the domestic terrorism threat. Thomas S. Warrick, a nonresident senior fellow at the Atlantic Council, will moderate the conversation with Charles Marino, CEO of Sentinel Security Solutions; Mary McCord, law professor at Georgetown; Michael McGarrity, vice president of Global Risk Services and Francis X. Taylor, executive fellow at the Global Policy Initiative at the University of Notre Dame, about the new administrations response to confront white supremacy and domestic terrorism. You can register here.

Wednesday, January 27, 2021, at 9:00 a.m.: The Hudson Institute will host an online event about the future of US-Nigeria relations. Amb. John Campbell, former U.S. Ambassador to Nigeria, and James Barnett, research fellow at the Hudson Institute, will discuss contemporary Nigerian politics and the challenges of post-colonial state building. The event will stream live here.

Wednesday, January 27, 2021, at 10:00 a.m.: The Senate Foreign Relations Committee will hold a hearing on the nomination of Linda Thomas-Greenfield to be the next U.N. ambassador.

Wednesday, January 27, 2021, at 2:00 p.m.: Brookings will host a webcast on air and missile threats to the United States. Moderated by Frank A. Rose, Brookings senior fellow, the expert panel features Rear Adm. Archer Macy, Jr., former director of the Joint Integrated Air and Missile Defense Organization; Laura Grego, senior scientist at the Union of Concerned Scientists and Tom Karako, senior fellow at the Center for Strategic and International Studies. The panel will discuss how the Biden administration and U.S. allies should respond to these threats. You can register here.

Wednesday, January 27, 2021, at 3:00 p.m.: The Senate Veterans' Affairs Committee will hold a hearing on the nomination of Denis McDonough to be the next secretary of veterans affairs.

Thursday, January 28, 2021, at 12:00 p.m.: The Atlantic Council will host an online event to discuss a paper written by Brian OToole, non-resident senior fellow at the Atlantic Council, on the complexities of sanctions relief and the prospects for U.S. diplomacy with Iran under the Biden administration. The discussion will be moderated by Barbara Slavin, director of the Future of Iran Initiative at the Atlantic Council, and will feature OToole; Kelsey Davenport, director of nonproliferation policy at the Arms Control Association; Kenneth Katzman, senior analyst at the Congressional Research Service and Ali Vaez, Iran project director for the International Crisis Group. You can register here.

Thursday, January 28, 2021, at 2:30 p.m.: Stanford Universitys Freeman Spogli Institute will host a webinar about the global implications of Chinas Belt and Road Initiative. The speakers include Jonathan Hillman, senior fellow for Strategic and International Studies at Stanford; Glenn Tiffert, research fellow at the Hoover Institution; Min Ye, associate professor at Boston University and Michael Bennon, research scholar at the Stanford Center on Democracy, Development and the Rule of Law. You can register here.

Friday, January 29, 2021, at 12:00 p.m.: The Public International Law and Policy Group (PILPG) will host an online roundtable on the Rohingya genocide. Professor Milena Sterio will moderate a panel discussion with Yasmin Ullah, a Rohingya social justice activist; Sandra Hodgkinson and Drew Mann, senior peace fellows at PILPG; Gregory Noone, PILPG senior legal advisor; and Dean Michael Scharf, PILPG co-founder and managing director. The expert panelists will discuss how the Biden administration can focus address the crimes committed against the Rohingya and will share their experiences working to document atrocities committed in Myanmar. You can register here.

Employment Announcements (More details on the Job Board)

The following are job announcements of potential interest to Lawfare readers. If you have an announcement to add to the page, email us.

Post-Doctoral Teaching Fellow, The Fletcher School and Tufts Department of Computer Science

Tufts University has an opening for one two-year teaching postdoctoral position in cybersecurity policy beginning in September 2021. The postdoc will be housed at The Fletcher School, which offers a rich array of talks and discussions that will enrich the fellowship year.

Tufts University has initiated a Masters program in Cybersecurity and Public Policy, combining the efforts of The Fletcher School and the School of Engineerings Department of Computer Science (CS) that began in Fall 2020. As part of the growing program in cybersecurity and public policy (CSPP) at Tufts, The Fletcher School and the Department of Computer Science offers courses in security and in cybersecurity policy, and this will provide interesting opportunities for the postdoctoral scholar. Outside of Tufts, the Boston area offers a rich array of talks and other opportunities for enrichment in cybersecurity, policy, and related areas.

The postdoc will largely focus on their own research in cybersecurity policy. Their responsibilities will include participating in the development of the MS program by teaching recitations in two of the introductory technology courses: Computer Science for Future Policymakers, How Systems Work, and How Systems Fail. These teaching responsibilities will largely focus on policy aspects of the technology being studied, and will help prepare the postdoc for teaching technically informed cybersecurity policy. Faculty at Tufts will work with the postdoc to enable their teaching this interdisciplinary material. Additionally, there will be a number of associated activities for the CSPP program (e.g., panel discussions, symposia); it is expected that the postdoc will participate in these and other related special events.

Qualifications:

Review of applications will begin immediately and will continue until the position is filled.

Application materials include: a cover letter explaining your background and interest in the area, CV, a writing sample if available (an example of a preferred sample would be a communication to a non-technical audience), a list of three recommenders (names and contact information), a description of research interests, and graduate school transcript (if PhD is within the last three years). These materials should be submitted to FletcherCyberTeachingPostDoc2021@tufts.edu.

An employee in this position must complete all appropriate background checks at the time of hire, promotion, or transfer.

Equal Opportunity Employer minority/females/veterans/disability/sexual orientation/gender identity.

Post-Doctoral Research Fellow, The Fletcher School and Tufts Department of Computer Science

Tufts University's Program in Cyber Security and Policy is offering two two-year postdoctoral positions in cybersecurity policy beginning in September 2021. Area of specialization is open but several different directions are of particular interest. Current Tufts faculty conduct research in surveillance and privacy, home IoT and privacy and security issues, cybersecurity incident liability, and impact of legal responses to cybersecurity interests. In addition, research in international and military use of cyber technologies, as well as government regulation of security tools are of strong interest. An aspect of this fellowship is improving cross-disciplinary background and skills in privacy policy. Thus, it is expected that the postdoc appointee will spend some effort gaining technical background to understand technical aspects of privacy and/or security.

The postdoc will be housed at The Fletcher School, which offers a rich array of talks and discussions that will enrich the fellowship years. In fall 2020 Tufts University initiated a masters program in cybersecurity and public policy combining the efforts of The Fletcher School and the School of Engineering, Department of Computer Science; there are a number of associated talks, seminars, and other activities. It is expected that the postdoc will participate in these, which include an annual student paper symposium in cybersecurity policy each spring. The Fletcher School and Tufts School of Engineering' Department of Computer Science offers courses in security and in cybersecurity policy, and this will provide additional interesting opportunities for the postdoctoral scholar, who may participate in some teaching. In addition, the Boston area offers a rich array of talks and scholars in cybersecurity, policy, and related areas.

Qualifications:

Review of applications will begin immediately and will continue until the position is filled.

Application materials include: a cover letter explaining your background and interest in the area, CV, a writing sample (if available); a list of three recommenders (names and contact information), a description of research interests, and graduate school transcript (if PhD is within the last three years). These materials should be submitted to CyberResearchPostdoc2021@tufts.edu.

An employee in this position must complete all appropriate background checks at the time of hire, promotion, or transfer.

Equal Opportunity Employer minority/females/veterans/disability/sexual orientation/gender identity.

Intern, Lawfare

Lawfare is now accepting spring internship applications, through the Brookings Institution. The internship will be conducted remotely. Apply here.

Thinking about a career in public policy? Committed to improving the world we live in? Think Brookingsone of the most influential, most quoted and most trusted think tanks!

Interns spend approximately 10 weeks remotely working alongside leading experts in government and academia from all over the world. Brookings also offers students the opportunity to intern in departments such as communications, human resources and central operations management. The mission of the Internship Program is to provide students with a pre-professional learning experience that offers meaningful, practical work experience related to their field of study or career interest. Students engage in career exploration and development as well as learn new skills.

Interns will have the opportunity to attend virtual meetings, local think tank events, professional development workshops, and public Brookings events. In addition, interns will have the opportunity to network with other interns throughout the Institution.

This externally sponsored internship, beginning in January 2021, is an opportunity for undergraduate students in their junior or senior year and graduate students with an interest in government, political science, international relations, and law to apply principles and theory learned in the classroom in a professional environment. Lawfare will provide the selected intern with a set stipend amount.

To learn more about Brookings research programs, click here.

Lawfare has emerged as the internets indispensable resource for information and analysis on the law of national security. Devoted to Hard National Security Choices, the site features top-quality writing and analysis from experts on developing stories in the national security arena, relevant legislation, and judicial opinions. It is a digital magazine that includes a podcast, a book review, research tools, a daily news roundup, an events calendar, and exhaustive coverage of events other media touch only glancingly.

The intern will assist with running and maintaining Lawfare, a website devoted to serious, non-ideological discussion of national security legal and policy issues and will have an opportunity learn a variety of research skills such as writing, research and blog maintenance. Learning will fall into three main categories:

Writing: Work with Associate Editors to monitor national security and foreign policy developments, and 4-5 times per week, co-write Todays Headlines and Commentary; work with Associate Editors to co-write The Week that Will Be, a weekly feature that outlines upcoming events, academic announcements, and employment announcements; work with the Associate Editor to co-write a deep-dive analytical piece on a relevant national security law and policy issue; Sole-author The Week that Was, a weekly piece that provides a guide to the weeks Lawfare.

Research: Provide research support to the Lawfare editorial team as needed.

Maintaining the blog: Tag and categorize Lawfare posts; track relevant Congressional hearings; track and add relevant events to the Events Calendar.

Education/Knowledge/Skills:

Undergraduate students in their sophomore, junior, or senior year and graduate students working towards a degree in government, political science, international relations, and law are encouraged to apply.

Our most successful interns have very strong writing, analytical, and research skills, as well as excellent verbal and organizational skills.

This is a remote only opportunity. This internship requires you to be located in the U.S. for the duration of the internship.

Successful completion of a background investigation is required for interning at Brookings.

Brookings requires that all applicants submit a cover letter and resume. Please submit your resume as instructed and add your cover letter as an attachment when you apply. You are required to submit/attach a separate cover letter for each internship you apply to. Your cover letter should highlight your educational experience and skills, along with an explanation of how this internship will contribute to your professional goals. Please address your cover letter to Hiring Manager.

Selected applicants will additionally be required to submit two letters of recommendation or provide two professional references.

Applications will be accepted until November 22, 2020. Applications not completed and submitted by the application deadline date will not be considered. Your application is considered complete when you receive an email confirming that your application was successfully submitted.

As you are applying, please be sure to click here to learn more about the Brookings Internship Program, deadlines, and directions on how to successfully submit your internship application(s).

Brookings welcomes and celebrates diversity in all its forms. We welcome applications that reflect a variety of backgrounds based on ideology, race, ethnicity, religion, gender, sexual orientation, gender identity or expression, disability, veteran status, first generation college goers, and other factors protected by law. Brookings is proud to be an equal-opportunity employer that is committed to promoting a diverse and inclusive workplace.

The Congressional Innovation Scholars Program

JOB DESCRIPTION

The Congressional Innovation Scholars fellowship program will place you among the top tech decision makers in the United States government at a time when technology is reshaping society in fundamental ways. Even if you've never considered working in government, the Congressional Innovation Scholars program will allow you to make change at the highest levels and at a scale unparalleled in the private or public sectors.

Applications for the 2021 Scholars Program are now open and will close at 11:59 pm ET on February 5, 2021. Click here to apply now. Sign up for our newsletter and follow us on Twitter for more updates.

We are bridging the divide between Congress and the technology sector by placing tech savvy people like you-- who are have recently finished, or are on track to finish a Master's program or PhD-- to work with Members of Congress and Congressional Committees in order to build capacity in Congress, train cross-sector leaders -- who can understand the challenges of government and in the technology community -- and keep Congress up to date about the latest challenges and opportunities relating to technology.

RESPONSIBILITIES

As a Congressional Innovation Scholar you will:

Work with TechCongress to choose a placement with a Member or Congress or Congressional Committee and report directly to a senior staffer (like a Legislative or Staff Director) in that office from June 2021 through April 2022.

Perform duties similar to other Congressional staff by applying your experience in technology to a variety of work, including:

Researching relevant policymaking (on issues like encryption, autonomous vehicle regulations, facial recognition privacy, health IT, election security, disinformation, open data, cyber/data security and many others)

Helping educate Members and staff about these issues.

Writing legislation.

Preparing for and organizing Committee hearings, markups, or investigations.

Building coalitions with partners and other groups.

Support TechCongress by writing about and presenting on your experience periodically, and represent TechCongress and the Congressional Innovation Scholars at meetings or events.

ELIGIBILITY

What were looking for in our Scholars:

Recently finishing (or projected to finish by June 2021) a technical degree program (Master's, PhD, or done with PhD coursework and still completing your dissertation), or early on in your career.

Tech savvy, with experience working in or studying the technology sector.

Great interpersonal and communications skills.

Some technical ability.

Ability to explain technology to those that arent as familiar with technology tools or concepts.

Track record of success taking initiative and working with others.

Ability to thrive in a fast-paced, collaborative environment.

Committed to helping get Members of Congress and Congressional staff up to speed on technology issues.

No experience working in or with government? Great! We're not looking for that. The Congressional Innovation Scholars program is an opportunity to expose technology leaders like you to Capitol Hill. It is first and foremost and educational experience, giving you a one-of-its-kind education into how Congress and the government works.

BENEFITS

Scholars earn a stipend equivalent to $60,000 annually during the 10 month program ($5000/mo.). Benefits include reimbursements for healthcare (up to $400/mo.), fellowship travel (up to $1,500), relocation to DC (up to $2,500), and up to $2,000 for accommodation for the first month of the fellowship in the Washington DC area to ease the transition during COVID-19.

FREQUENTLY ASKED QUESTIONS

Whats the difference between the Congressional Innovation Scholars program and the Congressional Innovation Fellowship?

The Congressional Innovation Scholars program is a fellowship exclusively for individuals that have recently finished, or are on the cusp of finishing a technical degree program. The Congressional Innovation Fellowship is meant for mid-career professionals, who on average join with eight to fourteen years of professional experience. The model of the Congressional Innovation Scholars program our orientation, your placement in Congress, and your work on Capitol Hill is virtually identical to the Congressional Innovation Fellows program.

What level of schooling do I need to be eligible for a Scholars Fellowship?

You should be in or have recently completed a graduate-level or PhD-level program. Recent graduates with Bachelor's degrees are not eligible.

What if Im in the middle of my studies?

The explicit goal of the Congressional Innovation Scholars program is to serve as a pipeline for you into the ecosystem of public interest technology, and remain in government or the nonprofit sector. In short: we want this program to be the pathway to a job immediately after the ten-month fellowship finishes. You are eligible to apply if you are in the middle of a Masters, PhD or other graduate-level program but please know that we are looking for those individuals who desire to stay in government or public policy and have the ability to do so.

What if I want to stay on in Congress after the program is finished?

Thats great! Thats exactly what were trying to accomplish. We spend a large portion of the program helping you build your network in Washington and on Capitol Hill in order to position you to find full-time employment after the program finishes.

What kind of education qualifies?

Any graduate-level or PhD-level program in computer science, engineering, data science, informatics, IT, cybersecurity, or other technical field. If you studied in one of these fields as an undergrad, or worked in a technical field and are now pursuing a law or public policy degree, that will also make you well qualified.

What are start dates and terms for Scholars?

Scholars will start the second week of June. You will serve a ten-month term, through early April 2022.

What is the stipend for a Scholars Fellowship?

Scholars receive a $60,000 annual equivalent salary ($5,000 / month) paid out at the beginning of the month. The program also includes funding for travel, health care, and relocation to Washington, D.C.

Are there any benefits provided with the Scholars Fellowship?

Scholars receive health care reimbursement of up to $400 per month; a $1500 reimbursement for Fellowship travel; up to $2500 for relocation expenses; and up to $2000 for accommodation for the first month of the fellowship in the Washington DC area to ease the transition during COVID-19.

Do I need to be a U.S. citizen to apply?

You need to be a citizen, green card holder, or dreamer (Deferred Action for Childhood Arrivals (DACA)) to be eligible for the program.

Legal Fellow, Global Internet Forum to Counter Terrorism

As a newly independent non-governmental organization (NGO), GIFCT seeks a full-time Legal Fellow. Reporting directly to the Executive Director, the Legal Fellow will support an evolving portfolio of policy and legal questions before the organization related to technological innovation in a global, multi-stakeholder environment. This position is ideal for a self-motivated early-career lawyer interested in an immersive and dynamic professional experience at the helm of global technological innovation.

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The Week That Will Be - Lawfare

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Analysis: Opportunities and Restraint of the Quantum Computing Market KSU | The Sentinel Newspaper – KSU | The Sentinel Newspaper

The globalquantum computing marketis valued at $667.3 million by 2027, surging from $88.2 million in 2019 at a noteworthy CAGR of 30.0%.

Impact Analysis of COVID-19 on the Quantum Computing Market

The global market for quantum computing services is projected to experience considerable impact due to the emergence of the Coronavirus disease (COVID-19). In the fight against COVID-19, quantum computing platform has joined the force of disruptive technologies at the service to better control the global outbreak. The current coronavirus crisis provides a valuable stage for zooming in the real potential applications of quantum computing in highly-impacted and complex situations. The esteemed companies operating in global quantum computing market are trying their best to provide integrated platform amidst the shutdown. For instance, in September 2020, IBM, an American multinational technology and consulting company, announced to conduct IBM Quantum Summit 2020 to discover chemical compounds that could contribute to the fight against COVID-19 pandemic.

On the other hand, quantum computing is very helpful in the discovery of lot of drugs which is a computationally-intensive task. Quantum computing can analyze the the interaction between biomolecules, and this can be helpful in tackling infectious agents such as coronavirus and others. There can be no other better way than to model the problem on a computer and conduct extensive research on the same. For instance in March, D-Wave announced that they are offering quantum computers free to anyone working on the coronavirus crisis for research and other work related to covid19. Therefore, there are many companies expirenced upsurge in growth, throughout the pandemic period. These type of factors may lead lucrative opportunities for the investors in the forecast period.

Quantum Computing Market Analysis:

The enormous growth of the global quantum computing market is mainly attributed to the increasing integration of quantum computing platforms in healthcare. Companies such as 1QB Information Technologies Inc., QxBranch, LLC, D-Wave Systems Inc. are working in the field of material simulation to enhance the accessibility, availability, and usability of quantum computers in material simulation applications. In addition, these players are following strategic collaborations, business expansion and technological innovations to acquire the largest share in the global industry. For instance, in October 2020, Cambridge Quantum Computing announced that they are opening Ph.D. internships with multinational pharmaceutical companies for drug designing through quantum algorithms. These key factors may lead to a surge in the demand for quantum computing services in the global market.

Lack of knowledge and skills may create a negative impact on global quantum computing services throughout the analysis timeframe. This type of factors may hamper the quantum computing market growth during the analysis period.

The global quantum computing industry is growing extensively across various fields, but fastest growing adoption of quantum computing is in agriculture. Quantum computing offers software solutions for agriculture in large businesses and startups all over the world to develop innovative solutions in agriculture. For instance Quantum, a software and data science company launched a software named AgriTech, ths software helps farmers to monitor crops, agricultural fields and it will respond quickly to all the issues related to agriculture. These factors may provide lucrative opportunities for the global quantum computing market, in the coming years.

The consulting solutions sub-segment of the quantum computing market will have the fastest growth and it is projected to surpass $354.0 million by 2027, with an increase from $37.1 million in 2019. This is mainly attributed to its application in blind quantum computing and quantum cryptography playing a major role to secure cloud computing services. Moreover, the consulting solutions segment for quantum computing technologies covers broad range of end-user industries including automotive, space & defense, chemicals, healthcare, and energy & power, and others.

Moreover systems offering sub-segment type will have a significant market share and is projected to grow at a CAGR of 26.7% by registering a revenue of $313.3 million by 2027. This growth is mainly attributed to many government authorities across the developed as well as developing economies that are heavily investing into quantum computing technologies. For instance, in February 2020, the Indian government announces that they are going to invest $1120 million in quantum computing research. This type of government support and scheme is expected to flourish the research for technology under the National Mission of Quantum Technology and Application project. Such government support may bolster the segmental growth, in the analysis period.

Machine learning sub-segment for the quantum computing industry shall have rapid growth and it is anticipated to generate a revenue of $236.9 million by 2027, during the forecast period. This growth is mainly attributed to higher applications of quantum computing in the broad range of areas such as drug discovery, multi-omics data integration, and many among others. These factors may offer lucrative opportunities for the segment, during the forecast timeframe.

The banking and finance sub-segment will be the fastest-growing segment and it is expected to register a revenue of $159.2 million by 2027, throughout the analysis timeframe. The enormously growing quantum computing in the finance sector across the globe has advanced with developments in smartphone technology and computer processing. In addition, the quantum computing platform helps speed up the transactional activities in cost-effective ways. Hence, the quantum computing platform is extensively attracting the interest of BFSI firms that are seeking to boost their data speed, trade, and transactions. Such factors are projected to upsurge the growth of the segment, during the projected timeframe.

The quantum computing market for the Asia-Pacific region will be a rapidly-growing market and it has generated a revenue of $18.1 million in 2019 and is further projected to reach up to $150.3 million by 2027. The demand for quantum computing services is surging in the Asia pacific region, specifically because of the strategic collaboration and development. For instance, in December 2019, D-Wave Systems came in a partnership with Japans NEC for building of quantum apps and hybrid HPC for exploring the capabilities NECs high-performance computers and D-Waves quantum systems. Such partnerships may further surge the growth of market, during the analysis timeframe.

The Europe quantum computing market shall have a dominating market share and is anticipated to reach up to $ 221.2 million by the end of 2027 due to its higher application in fields such as development and discovery of new drugs, cryptography, cyber security, defense sector, among others. In addition, the use of quantum computing will also have positive consequences in development of AI as well as in machine learning. For instance, in July 2019, Utimaco GmbH, software & hardware provider came in partnership with ISARA to utilize post quantum cryptography; this partnership will help their users to have secured and encrypted communication that cannot be decrypted by other computers. These initiatives may create a positive impact on the Asia-pacific quantum computing market, during the forecast period.

Key Market Players

Porters Five Forces Analysis for Quantum Computing Market:

About Us:Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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Analysis: Opportunities and Restraint of the Quantum Computing Market KSU | The Sentinel Newspaper - KSU | The Sentinel Newspaper

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