Skip to main content

Ransomware Protection Market Perform In Upcoming Years Based on Market Size, Share & Region by 2026

Ransomware protection refers to security against malicious cryptovirology software that prevents users from accessing their data or threaten to make their private information public unless a ransom is paid for the same. Utilization of cryptocurrencies such as Bitcoin and Ukash makes the tracking down of transaction extremely difficult, providing another hurdle for the anti-cybercriminal bodies to take appropriate actions against them.

Download PDF To explore detail study @
https://www.coherentmarketinsights.com/insight/request-pdf/1060

Growing incidence of phishing attacks across the globe fueling growth of ransomware protection market

Some of the worst incidences of ransomware attacks reported in 2017 included the NotePetya, WannaCry, Locky, CrySis, and Nemucod. This has led to losses of several million dollars in revenue. For instance, according to TechRepublic Cybersecurity Insider press release in October 2017, the outbreak of NotPetya cost Merck (pharmaceutical company) over US$ 300 million in Q3 alone, and is expected to cost near about the same amount in the following quarter. Requirement to reduce high financial losses due to loss of high valued and confidential information has spurred global demand for these solutions for data security and is anticipated to fuel the ransomware protection market over the forecast period.


Growing digitization, cloud adoption and IoT will present significant growth opportunity for the ransomware protection market participants over the forecast period
Adoption of advanced solutions such as cloud operated robotic systems in manufacturing industries, autonomous and connected automotive infrastructure, smart cities and smart healthcare infrastructures are among the major developments that will depend on internet connectivity and data communication. Security threats from any form of malware can lead to substantial obstruction in the operation of these systems. Requirement to address these issues and thwart any threats from ransomware attacks will provide strong growth prospects to the ransomware protection market players.

These malwares are commonly delivered through unauthorized mail attachments or links which can bypass the conventional security firewalls and antivirus applications. Owing to these delivery modes of malwares, requirement of threat intelligence and web filtering solutions are expected to witness highest demands over the near future in the solution segments. Advanced internet infrastructure and high inclination of consumers towards faster adoption of technologies such as cloud computing in the U.S. has made the country increasingly vulnerable to such threats. Moreover, presence of significant number of fortune companies in the country makes it highly vulnerable to malicious attacks. This inadvertently creates a highly conducive environment for growth of the ransomware protection market.

Chief participants in the ransomware protection market include Microsoft Corporation, Sophos Ltd., Trend Micro Incorporated, Symantec Corporation, Kaspersky Lab, Malwarebytes Corp, McAfee Inc., Avast Software, Cisco System Inc., and Webroot Inc.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Nanotech Sensor! Latest Update You Need To Know

Nanotech Sensor Scientists have developed a nanotech sensor that can turns molecular fingerprints into bar codes, according to a study published on June 7, 2018.  This study was conducted by the scientists at the EPFL’s School of Engineering and at Australian National University (ANU). Until now, infrared spectroscopy was the commonly used method to detect and analyze organic compounds. However, it required complicated procedures and large, expensive instruments, which made device miniaturization challenging. This led to the discovery of a compact and sensitive nanophotonic system that can identify a molecule’s absorption characteristics without using conventional spectrometry. Source :  https://www.coherentnews.com/scientists-develop-nanotech-sensor-that-turns-molecular-fingerprints-into-bar-codes/
Post a Comment
Read more

Top Technologies Shaping Future of Cybersecurity!!

The threat of Cyber attacks are growing day by day across the world hence led big concern on  Cybersecurity. Cyber security includes- Application security, Information security, Network security, Disaster recovery/business continuity planning, Operational security and End-user education Types of cybersecurity threats: Ransomware  Malware  Social engineering Phishing  Artificial Intilligence and Blockchain are the Technologies that will help the cybersecurity to boost. AI-based attacks that will operate completely independently, adapt, make decisions on their own and more.  Blockchains are moving from the realm of just fueling cryptocurrencies like Bitcoin to providing smart contracts, identity management, and multiple ways of proving integrity of data. They may also hold the key to defending against IoT attacks.
Post a Comment
Read more

Food and Beverage Robotic System Integration Market Competitive Research And Precise Outlook 2018 To 2026

The global food and beverage robotic system integration market for pick and place application is estimated to be valued at US$ 17.5 million in 2017 and is projected to reach US$ 40.1 million by 2025. Robot system integration is a method of programming and supplying industrial robots for performing manufacturing tasks autonomously. The global food and beverage robotic system integration market for pick and place application is estimated to generate revenue of US$ 17.5 million in 2017 from US$ 15.8 million in 2016. The market is expected to generate revenue of US$ 40.1 million by 2025, exhibiting a CAGR of 10.91% over the forecast period. Request sample copy here @ https://www.coherentmarketinsights.com/insight/request-sample/1381 Among end-use industry, the bakery and confectionery segment held a dominant position in the market and is project to retain its dominance throughout the forecast period. The segment is estimated to generate revenue of US$ 5.03 million in 2017 and is ex...
Post a Comment
Read more