Latest Internet & Cybersecurity News
Global Cybersecurity Spending to Hit $240 Billion in 2026
Gartner forecasts global cybersecurity spending reaching $240 billion in 2026, a 12.5% increase, driven by ransomware averaging $5.08 million per breach and AI-powered attacks. Enterprises are rebuilding defenses against quantum threats with cryptographic overhauls urged by NIST.
IDC projects even higher spending at $308 billion, focusing on AI-driven platforms and zero trust.
Quantum 'Harvest Now, Decrypt Later' Attacks Top Concerns
87% of organizations rank quantum 'harvest now, decrypt later' attacks as a top worry, per Gigamon research, pushing cryptographic agility. Quantum Secure Encryption launched QPA v2 to identify encryption vulnerabilities and provide fix plans.
Adversaries are already collecting encrypted data for future quantum decryption.
Massive 350 GB Data Theft from EU Commission's Cloud
350 GB of data stolen from the European Commission’s cloud infrastructure in Brussels, a significant blow to EU systems. The breach compromises critical infrastructure that has been targeted for some time.
Investigations continue into the full impact.