Cyber Magazine June 2024 | Page 124

“ More technology doesn ’ t always mean more security . Businesses should first leverage what they already have in place before looking at new solutions ”

ASHLEY WOODHALL FOUNDER , PRACTICAL INFOSEC
is targeted in these instances , meaning every programme that is developed will have the same vulnerabilities . This commonality ensures open source software will always be a target for bad actors .”
Significant growth in the antivirus software market The escalating number of cyberattacks is driving significant growth in the antivirus software market , with projections indicating steady expansion in the coming years . In 2022 , the global antivirus programme industry was valued at US $ 4.06bn , with anticipated growth fuelled by rising cyber threats , increased connectivity , and data privacy concerns . The market is forecasted to reach US $ 5.1bn by 2028 , driven by factors such as ransomware protection , integration with endpoint security and IoT security concerns .
The proliferation of IoT devices further amplifies the need for robust antivirus solutions , as these interconnected devices create new avenues for cyberattacks . With over 10
124 June 2024