E-Business
Cyber Security Deal Tracker Covering More Than 200 Deals
MarketsandMarkets cyber security deal tracker now covers more than 200 deals, with various industries and technologies.
The company tracks the behavior of the market by identifying the type of significant deals signed in 2014 and 2015.
The key vendors in the cyber security market include IBM, Symantec, McAfee, Dell, Hewlett-Packard, BMC Software, and CA Technologies.
This report is instrumental in helping the stakeholders, such as cyber security software vendors, network operators, infrastructure providers, IT developers, channel partners, managed cyber security service providers, third-party system integrators, value-added resellers, government, regulatory and compliance agencies, investors, and venture capitalists, to plan their cyber security strategies and investments.
Deals done by cyber security vendors are analyzed by industry, technology, region, deal type, and vendor.
The deals are tracked by the deal tracker for various industries in technological markets globally. Hence, the deal tracker provides an updated view on the deals to its clients.
Cyber security is instrumental in providing authentication to the information exchange between multiple communication systems.
They provide endpoint protection to systems, storage, and virtual machineries to provide multi-layered defense.
Endpoint security solutions provide high-end protection to multiple applications not only against single-layer attacks but also against various other online threats.
The cyber threat landscape is very complex and involves a significant number of cyber security deals, which provide a comprehensive knowledge base on the threat management landscape.
The deals in the cyber security market also help in identifying and procuring contract information of cyber security vendors and their distinct competencies in cyber security. The deals are further classified into the following categories:
Network security is a set of technological tools which consist of policies, security concepts, guidelines, risk management approaches, and professional services.
Network security products are defined by their capability to provide access management, authentication procedures, detection and responses to threats, and security updates or patch management.
Endpoint security is a policy-based client/server security approach to protect enterprise network at the very first level of breach, when accessed.
A centrally managed server hosts the security program and the client program is installed on each endpoint device.
The endpoint security solution monitors the activities on connected devices to identify intrusions or threats and mitigate the potential risks or report unwanted activates for zero-day detection.
Cloud security software provides security to cloud-based services or cloud computing architectures. The various services provided by the cloud security vendors include cloud data loss prevention, cloud database security, and virtualization security.
Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.
According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.
AI code assistants provide for more capabilities than only code development and completion, notes the research firm.
According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.
Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.
“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”
Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.
Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.
NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.
“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD
- The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
- The single GMPC has multiple use cases:…
— NIMC (@nimc_ng) April 12, 2024
It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.
“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.
NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.
NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme
Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.
“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.
“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.
“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.
“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.
“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.
Bankers, Officials Colluding to Re-loot Recovered Abacha’s Fund- EFCC
ClaimBuddy Bags $5m to Streamline Insurance Claims for Hospitals, Patients
Recapitalisation: UBA Seeks Shareholders’ Nod to Raise Capital
FemyWalsh Set to Launch FM Radio in Lagos
Wema Bank Launches Anti-Fraud Campaign to Protect Customers
Moniepoint Emerges Lead Sponsor of Payments Forum Nigeria – PAFON 1.0
See Full List of Fake Loan Apps Blacklisted By CBN
FIRS Files Tax Evasion Charges against Binance
AXA Mansard Empowers Female SMEs with Financial, Digital Skills
IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
News1 day agoNAFDAC Alerts Nigerians to EU Ban on Dex Soap
News1 day agoHistory as Nigeria Launches Mew 5-in-1 Meningitis Vaccine
News1 day agoEFCC Discovers Fraudulent COVID Funds, World Bank Loan in Poverty Ministry
E-Business1 day agoNew National ID Card to Be Issued Via Banks- NIMC
E-Financial1 day agoExtradition Efforts Underway as Arjarwalla, Fugitive Binance Executive Located in Kenya
E-Financial16 hours agoMasterCard, Onafriq Partner to Bring New Payments Suite to Africa
E-Financial16 hours agoEdun Hails SecureID Over Digitization Efforts
News13 hours agoBankers, Officials Colluding to Re-loot Recovered Abacha’s Fund- EFCC