The Era Of GDPR Is Here, Cloud Revenues Reached $180 Billion In 2017 And More In This Weeks News

Admin Globaldots
image 2 Min read

The era of GDPR

The deadline for complying with the EU’s GDPR (General Data Protection Regulation) is approaching as the law comes into effect on May 25, 2018. GDPR will lay down mandates for how companies collect, store, delete, alter and otherwise process the personal data of EU citizens. For each organization that does not comply with these laws there will be a heavy fine. The penalties for those in breach of the new regulations are significant: a tiered approach to fines, with the maximum being up to 4% of annual global turnover or €20 Million (whichever is greater).

Image Source

Read more: Bizety

Cloud revenues growth reaches 24% year-on-year

Cloud is now the new normal for enterprises as stated by Synergy Research Group. IaaS and PaaS services claimed the larges growth rates at 47%, with enterprise SaaS falling behind with a rate of 31%. In total the revenues reached $180 billion last year. What’s also a fact is that cloud service markets grew three times more faster than spend on the hardware and software used for cloud infrastructure.

“We tagged 2015 as the year when cloud became mainstream and 2016 as the year when cloud started to dominate many IT market segments. In 2017 cloud was the new normal”
– John Dinsdale (Chief analyst and research director at Synergy Research Group)

Read more: CloudPro

Complacency in the European DDoS mitigation market?

The new European survey from CDNetworks released recently shows a sharp increase in DDoS investment and an overwhelming confidence in DDoS resilience in UK and DACH regions, despite 54% of business in Europe suffering successful attacks in the last 12 months.

Some more information:

 49% have invested in DDoS mitigation technologies for the first time in the last 24 months.
 Almost two-thirds (64%) are likely to invest more next year than in the last 12 months.
 9% will be investing in DDoS mitigation for the first time in the next 12 months.
 The average annual spend is £24,200, with one-fifth of businesses investing more than £40,000.

Image Source

Read more: information age

Meltdown and Spectre bugs explanation

These two new and scary security issues that affect nearly every computer are complex to wrap your hear around, especially if you’re not tech-savvy. The Cloudflare team have written an article explaining how these bugs take advantage of very technical systems that modern CPUs have implemented to make computers extremely fast. These vulnerabilities concern security experts because they have their roots in the very design of the processor that powers your gadget.

Image Source

Read more: Cloudflare Blog, Popular Science

1 billion Indian citizens are now susceptible to identity theft

The Aadhaar database that contains personal data on over one billion Indian citizens was recently breached very easily by a journalist at Indian publication celled The Tribune. This leaves the majority of Indian citizens vulnerable to identity theft and intrustions of privacy.

Image Source

Read more: Hacking Threat



There’s more to see

slider item
Your Innovation Feed

eBook: Don’t Fortify, Amplify: The New Cloud Security Stack

Steven Puddephatt 25.11.21

2021’s Security leaders deal with everything from cloud-native insider threats to staying one step ahead of the unknown. While the cloud is made to amplify and speed up core business processes, the pressure to fortify cloud-borne assets from possible cyber threats painfully slows things down.  GlobalDots harnessed its 17-year cloud security experience to rethink cloud […]

Read more
slider item
Identity & Access Management (IAM)

How IT can Breeze through Onboardings without Additional Hirings

Dror Arie

Which IT Nuisance Would You Automate First? Employee onboarding is one of the heaviest, most complex operations on a company’s IT. This is especially true in fast-growing companies that may see multiple onboardings per day. And, of course, the wider a company’s software tools array, the more accounts to create and permissions to manage. In […]

Read more
slider item
Cloud Workload Protection

GlobalDots Partners with CWP Innovator Lacework

Li-Or Amir 23.11.21

In its constant endeavor to enrich its cloud security offering with the latest innovation, GlobalDots has recently introduced security unicorn Lacework to its vendor portfolio. Founded in 2015, Lacework offers a cloud security monitoring platform which brings together some of today’s top needs: Workload protection, container & K8s security, compliance monitoring. Last weekend (Nov. 18th, […]

Read more

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.
Contact us
figure figure figure figure figure