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Global Internet Security Market to Reach $66 Billion by 2025 – Analysis By Component, Technology, Application … – Business Wire (press release)

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Internet Security Market Analysis & Trends - Industry Forecast to 2025" report to their offering.

The Global Internet Security Market is poised to grow at a CAGR of around 9.5% over the next decade to reach approximately $66.18 billion by 2025.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025.

The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

Current Market Trends:

Report Highlights:

Companies Mentioned

Key Topics Covered:

1 Market Outline

2 Executive Summary

3 Market Overview

4 Internet Security Market, By Component

5 Internet Security Market, By Technology

6 Internet Security Market, By Application

7 Internet Security Market, By Geography

8 Key Player Activities

9 Leading Companies

For more information about this report visit http://www.researchandmarkets.com/research/shzqx6/global_internet

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Global Internet Security Market to Reach $66 Billion by 2025 - Analysis By Component, Technology, Application ... - Business Wire (press release)

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Communist Party Pushes China’s Internet Censors to ‘Ensure Political Security’ – Wall Street Journal (subscription)


Wall Street Journal (subscription)
Communist Party Pushes China's Internet Censors to 'Ensure Political Security'
Wall Street Journal (subscription)
BEIJINGThe Chinese Communist Party's powerful disciplinary wing is taking aim at the country's internet censors for not pushing a party-line agenda, saying they were irresolute in implementing the policies of President Xi Jinping and not trying ...

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Australian government is not interested in encryption backdoors: Turnbull – ZDNet

(Image: APH)

Malcolm Turnbull has told Parliament that the Australian government is not going to demand the creation of encryption backdoors, and is instead going to focus on collaboration and receiving greater assistance from social media and telecommunications companies.

"This is not about creating or exploiting backdoors, as some privacy advocates continue to say, despite constant reassurance from us," the prime minister said on Tuesday.

"We need even stronger cooperation from the big social media and messaging platforms in the fight against terrorism and the extremism which spawns it.

"Encryption ... is a vital piece of security for every user of the internet. Protecting all of us as we go about our lives from shopping, to banking, to chatting online. However, encrypted messaging applications are also used by criminals and terrorists."

Turnbull said that despite the "strong libertarian tradition" of companies based in Silicon Valley, the privacy of a terrorist cannot be more important than public safety, and said it is balancing community safety with civil liberties.

"The government has a proven track record of getting a track record between ensuring the safety and security of the people, and defending the liberties and freedoms of that are integral to our way of our life."

Under the Liberal government, with the support of the Labor opposition, the Telecommunications (Interception and Access) Amendment (Data Retention) Act 2015 was passed in March 2015 and mandated the collection of customers' call records, location information, IP addresses, billing information, and other data to be stored for two years by telecommunications carriers, accessible without a warrant by law-enforcement agencies.

Turnbull said metadata had been used to break up 12 disruptions of terror plots since 2014.

"Metadata has proven vital in nearly every serious criminal investigation conducted today, from organised crime, child sex offences, to counterespionage, cybersecurity, and counterterrorism," he said.

Following the recent WannaCry incident, Turnbull said the government has created a taskforce to quickly respond to online security threats and incidents.

In response, Opposition Leader Bill Shorten said the resources of the Australian Signals Directorate and the Australian Cyber Security Centre should be used to protect small and medium businesses from attacks, and called on big internet companies to do more.

"The big internet companies have very quickly become an essential part of our free, democratic society, but they need to realise this is a two-way relationship," he said. "They need to be part of our society in the sense of working with us, as well as taking from us.

"They need to see this fight as their fight, not just our fight. Not just a fight where they help when asked, but a fight in which they come to us with ideas."

Shorten said social media companies are in a position to tackle the "underbelly of terror propaganda", and are involved in the process of content being put online.

"We need them to be proactive, not reactive. Terrorism does not self-police, so we cannot rely on a self-policing system," he said.

The Labor leader called for the tracking of electronic currencies, such as bitcoin.

In 2014, the Australian Transaction Reports and Analysis Centre, the Australian government agency responsible for countering money laundering and the financing of terrorism, said it was able to track each conversion transaction from bitcoin into or out of Australian dollars.

"Australia is very fortunate among its international counterparts in that we are one of the few countries which currently collects all international funds transfers into or out of Australia," John Schmidt, CEO of Austrac, told Senate Estimates at the time.

"At some point, a person will be purchasing bitcoin using Australian dollars, for example, and then, if they are dealing in substances or services, will want to convert those bitcoins back into the legitimate currencies of wherever they are, so they can gain the benefit of them.

"Because we get the international funds transfers instructions, it is possible using other intelligence sources to identify transactions where people are purchasing bitcoins."

Turnbull said the government would be looking to pass its Telecommunications Sector Security Reforms in this sitting period of Parliament.

The reforms force telco carriers and carriage service providers (CSPs) to do their best to protect their networks from unauthorised access or interference for the purpose of security, with carriers and CSPs to notify the Attorney-General's Department of any changes to their services, systems, or equipment that could have a "material adverse effect" on their ability to comply with this duty.

Over the weekend, British Prime Minister Theresa May and French President Emmanuel Macron said Facebook and Twitter could see hefty fines if they fail to remove extremist and terrorist content.

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Germany to change law on encryption – The Times (subscription)

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Laws to enable security services to see messages before they are encrypted by providers such as WhatsApp are being drawn up in Germany because of concerns over secret communications by Islamist terrorists.

Angela Merkels government believes the same balance of eavesdropping and privacy should exist in the digital age as in democratic societies in the analogue era of letters and phone calls. Mrs Merkel aims to put digital security on the agenda for next months G20 summit she is hosting in Hamburg.

Theresa May has also called for a global approach to regulating digital providers, saying during the election campaign that there should be no safe space for terrorist ideologies.

Germany is known as one of the most protective countries for personal privacy because of

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Turnbull govt wants to force companies to break encryption – iTnews

The Australian government wants to introduce laws that would force technology companies to ensure their systems are capable of decrypting communications.

The plan is a response to the use of encrypted communications channels by terrorists, and follows in the footsteps of the United Kingdom's moves to force communications operators to make sure they canhand over encrypted messages to law enforcement agencies.

The UK's new 'technology capability notices' were proposed following the Westminster terrorist attack. They impose obligations on operators of communications services to ensure they are technically able to hand over decrypted data in "near real time" to the government.

The Australian government over the weekend revealed its intention to pursue a similar path, but is yet to work out much of the detail of its plans.

Attorney-General George Brandis specifically called out the UK's technical capability notices when revealing the government's plan to "lift the legal obligations on device makers and social media companies to co-operate with authorities in decrypting communications".

He said current Commonwealth legislation 'doesn't go far enough' to impose obligations of "co-operation" on technology companies.

"Now I should also say of course, that in the first instance the best way to approach this is to solicit the cooperation of companies like Apple and Facebook and Google, and so on, and I think there has been a change of the culture in the last year or more," Brandis said.

"There is a much greater conscious proactive willingness on the part of the companies to be cooperative but we need the legal sanction as well."

He insisted the government had no intention of forcing technology companies to introduce backdoors in their products.

"A technical capability notice ... subject to tests of reasonableness and proportionality, imposes upon them a greater obligation to work with authorities where a notice is given to them to assist in breaking a communication," Brandis told Sky News.

"So thats not backdooring."

But it is unclear how the government expects technology companies to break encryption.

The UK's new laws have been fiercely criticised as being vague and giving communications providers no option but to build backdoors into their systems.

End-to-end encryption prevents the operators of Signal, WhatsApp, Telegram and Apple's iMessage, among others, from being able to simply hand over messages: the keys to decrypt the information are held by those involved in the communication.

Because of this some have taken the UK law as an attempt by the government tooutlaw end-to-end encryption.The UK government has avoided answering questions on the matter.

Brandis suggested to the Sydney Morning Heraldthat one option would be to "improve warrant-based access ... at the sender or receiver ends". However, this can largely only be achieved through compromise of an end user device, or the application.

"At one point or more of that process, access to the encrypted communication is essential for intelligence and law enforcement," Brandis told the SMH.

"If there are encryption keys then those encryption keys have to be put at the disposal of the authorities."

Brandis said the details of the plan would be nutted out at the Five Eyes conference in Canada in two weeks' time.

He indicated the government had not yet decided whether warrants would be needed to access decrypted information, but again referenced the UK technical capability notice model.

A notice works as a first step to "prepare the ground" in case an operator receives an interception warrant, ensuring they have the technical ability to comply. It does not, of itself, require an operator to conduct an interception.

"Thats a discussion that we need to have," Brandis said.

"The point at which a power is only exercised under warrant as opposed to a power that resides without the requirement for a warrant in law enforcement and intelligence will always be a part of this discussion and thats one of the issues that will be on the table at Five Eyes in Ottawa in a fortnights time."

He claimed Australians would not be concerned at the privacy implications involved in the government's plan because the "Facebook generation ... put more and more of their own personal data out there".

"I think that there is an entirely different attitude of privacy among young people than there was perhaps a generation or two ago. And I think the social media companies are regardful of that as well. So let the civil liberties point of view be heard, let legitimate privacy considerations always be had regard to," Brandis said.

"But I think where the community is at at the moment is to prioritise their concern about giving law enforcement and intelligence agencies the tools they need to thwart terrorism, and everyone knows that the internet and cyberspace are important vectors for terrorists."

Privacy and civil liberties advocates have warned that moves to decrypt communications would simply push terrorists onto other technology platforms whilst having negative consequences for financial transactions, online commerce, and security of personal data.

A UK public bills parliamentary committee highlighted several technical issues with the legislation and said it should include a specific threshold that recognises it is unreasonable to hand over decrypted content from end-to-end encrypted channels.

"The damage to security may be done as soon as a company finds itself having to comply with such a notice and install a back door, whether or not it subsequently has to provide data under warrant," the committee said.

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Terrorists are using encryption. Our laws need to keep up with the … – The Sydney Morning Herald

As we learn details from investigations into recent terrorist attacks in Tehran, London, Jakarta and Manchester, a common theme is emerging of terrorists using commercial encrypted communications services to plan, support and commit terrorist attacks.

In Australia, the heads of ASIO and the Australian Federal Police have warned of the challenges of "going blind" in their attempts to lawfully keep up with criminal use of rapidly evolving communications technology - a sentiment echoed by their "five eyes" intelligence-sharing partners in the United States, UK, Canada and New Zealand.

The answer isn't just in keeping up with technical intrusion methodologies the modern-day equivalent of wire tapping. This will, of course, always continue to play a part for intelligence agencies. But encrypted communications bring challenges and unintended consequences on another scale from these previous technical interceptions.

The recent "Wannacry" ransomware attack demonstrates the hazards of the back-door approach: information on technical vulnerabilities, first identified by western intelligence agencies, wasobtained by others and used for criminal purposes - harming both public services and business.

Concerns about privacy are another reason to rethink how we go about dealing with this challenge.

In an age where most freely give much of their personal information to global corporations, the paradox of public demands for privacy from government is well known. But it is incumbent on governments in liberal democracies to protect human rights and privacy, in balance with the public interest.

The importance of secure and confidential communication to support a free press is also critical for legitimate governments. This sets a high benchmark for balancing privacy with the complex and global challenge that encrypted communications poses to security.

We must be focused on the principles, not the technology. Communications have evolved substantially from the phone, fax and telegraph technology of the time when much of Australia's existing telecommunications security legislation was introduced. But the principles remain the same.

Where an individual or group is using any form of communications to support terrorism or other designated criminal activity, this may be intercepted by specified authorities and under appropriate authority.

For Australia and the "five eyes" community in particular - and other liberal democracies - this means that both our laws and practices need to be updated to work in partnership with the communications sector to ensure access when needed to prevent and prosecute criminal activities, including terrorism.

Just as the telecommunications sector already works closely with intelligence and law enforcement to access "wires" and call data, so the globalised communications sector is the key to dealing effectively with terrorist use of current and evolving communications and data technology.

This means that these companies - whether headquartered in Australia or overseas - must maintain visibility and access to the service they are providing.

Most businesses understand their shared responsibility for security - including corporate responsibilities to not facilitate crime - they just need to be involved as partners with government in working out how to best do this. This is where a multilateral approach is key: few of the major business players are Australian.

The laws regulating access to communications data would be, in principle, the same as those currently in place for other forms of telecommunications intercepts: companies ensuring data is available to access if required, warrants being issued by the appropriate authority such as the Attorney-General, with both time limits and regular scrutiny and review through the Inspector-General of Intelligence and Security, the Independent National Security Legislation Monitor, parliamentary committees and others.

Encrypted communications are yet another valuable innovation for our society and our economy. As our technology evolves, our policies, practices and laws need to evolve with them.

Jacinta Carroll ishead of the Australian Strategic Policy Institute's Counter-Terrorism Policy Centreand a former national security official in the federal government.

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Terrorists are using encryption. Our laws need to keep up with the ... - The Sydney Morning Herald

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Bitcoin Altcoin Trader Price Analysis

In our Bitcoin Altcoin trader price analysis we can see the bull is back, and hes firmly in charge.

Bitcoin hit an almost 2-year high this week, reaching as high as ZAR 9,000 in trading.In US dollar markets it Bitcoin almost broke through its key overhead resistance at USD 600 per bitcoin.

We reported in our pricing and market analysis recently that the long term pattern was certainly bullish. While a breakout was not surprising, its speed and ferocity were, somewhat.

Bitcoin was trading at around ZAR 8,000 when was last took a look at the market for our readers. It is interesting to note that consolidating in a triangle pattern came before a large increase. This was then followed quickly by reduced volumes.

The price then increased to around the ZAR 8,700 mark, before retracting to support and charging again to stiff overhead resistance at just under ZAR 9,000.

On US dollar markets the $600 level has proved tough to crack. If the price does eventually, and convincingly, break this resistance, the bull would be expected to charge on to, in Rand terms, at least ZAR 10,000+. Remembering of course that South Africa markets usually trade at a significant premium to US Dollar market.

Needless to say, US$ 600 is a key mark to watch on major US Dollar exchanges. Currently these markets are very volatile, and trading in what is becoming a short term established range of US$ 560 580 per Bitcoin.

Besides Bitcoin Altcoin trader news showsEthereumis also grabbing attention. Ethereum has firmly established itself as the number two player in the blockchain space. It is consistently trading above a billion dollar market cap. It is also the focus of a lot of developer attention. Both are signs of a healthy and growing ecosystem.

Ethereum tokens (ETH) started the trading week strongly. While they are not traded on any Rand markets yet, on US Dollar markets they charged toward strongresistance at $15. The price is currently correcting slightly. And it looks like US$15 will prove to be the key resistance level to watch.

We at iceCUBEDX are always excited to deliver Bitcoin Altcoin trader news to our clients. This is especially true in a bull market like this. with so much profit to be made.

Further, we have some excited announcements in terms of Bitcoin Altcoin trader news, through June and July. So, stay tuned.

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Raoul Pal: Bitcoin Is Mania And Not A Store of Value… I Sold-Out … – Forbes


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Raoul Pal: Bitcoin Is Mania And Not A Store of Value... I Sold-Out ...
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A Mysterious New Cryptocurrency Is Surging After Being Endorsed by Putin – Vanity Fair

Ethereum founder Vitalik Vuterin speaks at TechCrunch in December of 2015.

By John Phillips/Getty Images.

After catching the eye of both the Singapore government and Russian President Vladimir Putin, Ethereumthe second-biggest cryptocurrency in the world, after Bitcoincontinues to skyrocket. On Monday morning, the cryptocurrency was trading at a record-high level of $407.10, more than a 5,000 percent rise since the beginning of 2017, when it was trading at $7.98.

Ethereums founder, Vitalik Buterin, recently met with Putin during the St. Petersburg International Economic Forum, a signal that the country may be interested in using digital currency to move its economy beyond gas and oil. The digital economy isnt a separate industry, its essentially the foundation for creating brand-new business models, Putin said at the forum. (Russian entities, like the state development bank VEB, have agreed to use Ethereum to help implement blockchain technology in the country). As investors look for a place to put their assets amid mounting geopolitical instability, some are turning to cryptocurrency. Singapores government has released a report saying it has carried out a test using ethereum blockchain technology to create a national digital currency. Regulators in Japan are issuing new rules that make cryptocurrencies like Ethereum a valid form of payment. And companies such as Toyota and Microsoft, which are members of an organization called the Enterprise Ethereum Alliance, are throwing their weight behind the cryptocurrency, too.

Ethereum, which has a total valuation of $36 billion, trails only Bitcoin (valued at $49 billion) in terms of market capitalization. Bitcoin has been rallying all year, reaching a high of above $3,000 for the first time on Sunday as a growing number of people turn to virtual currencies as a safer, faster way to exchange money. But Ethereums rally may still have a ways to go: Pavel Matveev, the co-founder of banking start-up Wirex, tells CNBC that Ethereums price could reach $600 by the end of the year.

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Europe’s First Cryptocurrency Fund Launching From Zug Valley – ETHNews

News business and finance

For the first time, Europeans will have the option to trade in a diversified index fund based on cryptocurrencies.

On June 12, 2017, from Zug, Switzerland, Crypto Fund AG announced it is launching the Cryptocurrency Fund, based on the Cryptocurrency Index, to be registered with FINMA (Swiss Financial Market Supervisory Authority), and will be first investment vehicle of its kind to manifest in the European market.

The Cryptocurrency Index is calculated by an index provider known for investing in virtual currencies with significant market caps, including Ether, bitcoin, Ripple, and other cryptocurrencies. The index's diversification reduces volatility for investors reacting to the surge of emergent currencies in the marketplace, and its growth rate easily outpaces that of traditional equities and securities markets.

Jan Brzezek, CEO of Crypto Fund AG and former president of UBS Asset Management and UBS Group EMEA, spoke of the differences between the new fund and predecessors, which failed to gain approval from regulators:

"We recognized the growing demand of qualified investors for a regulated and transparent gateway to cryptocurrencies and realized that we need a proven and recognized legal framework allowing qualified investors to invest in cryptocurrencies. Unlike the Winkelvoss-ETF, which was rejected by the SEC, we use the regulated and proven Swiss fund structure according to KAG [Swiss Collective Investment Schemes Act], where the asset manager, the fund management company and the custodian bank are legally separate from each other. The Fund will be highly diversified and will not list on an exchange and exclusively target qualified investors.

In March 2017, the U.S. Securities and Exchange Commission (SEC) rejected an application by the Gemini Exchange founders, Cameron and Tyler Winklevoss, to launch the first ever bitcoin exchange traded fund (ETF). However, since then, the SEC reopened the matter for public commentary and continues to deliberate on the fate of the fund. The SEC is also currently considering a similar application of an Ether-based ETF proposed by EtherIndexEtherTrust.

For this endeavor, Brzezek has teamed up with Dr. Tobias Reichmuth, who acts as chairman of the board for Crypto Fund AG and is the founding investor. In addition, FinTech expert Marc P. Bernegger joins the board, providing his expertise.

Reichmuth expressed that desires to invest in cryptocurrency come from across the board. He said:

"Private and institutional investors alike show a keen interest for cryptocurrencies as a deflationary value storage medium independent of central banks. Access via a regulated vehicle, to execution and safe storage were so far missing. The Cryptocurrency Fund will be the first regulated fund globally which provides a safe and easy access to the rapidly growing cryptocurrency world.

Bernegger noted that it is no coincidence Zug Valley was chosen as a base, citing regulatory clemency and overall regional stability.

"The term Crypto Valley has quickly gained acceptance and demonstrates the concentration and growth of Cryptocurrency companies and foundations in the region of Zug and Zurich. It is also important to mention that Switzerland with its good reputation in asset management and stable regulation has already accepted virtual currencies as an asset class. In addition, the Swiss mountains offer safe and tested warehouses for digital assets.

Crypto Fund AG is advised by the law firm MME Legal, which specializes in blockchain technology and token offerings. The fund is slated to launch in Q4 2017 and an initial dialogue with FINMA has been established.

Jeremy Nation is a writer living in Los Angeles with interests in technology, human rights, and cuisine. He is a full time staff writer for ETHNews and holds value in Ether.

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