Security and Risk Management

The cybersecurity landscape continues to evolve with rising cyber threats prompting organizations to significantly increase their investment in security measures. According to a report by SNS Insider, the GCC in Cybersecurity market was valued at USD 10.59 billion in 2023 and is projected to reach USD 30.37 billion by 2032, exhibiting a compound annual growth rate of 12.46%. This growth is fueled by the increasing frequency and sophistication of cyber-attacks, driving the need for Global Capability Centers to protect critical data and infrastructure.

As cybersecurity breaches continue to lead to substantial financial losses, with the average cost of a breach hitting $4.88 million per incident in 2023, the importance of investing in training is undeniable. INE Security, a leader in cybersecurity training and certifications, is launching advanced training strategies to address growing cyber threats and shape the future of technical training in 2025 and beyond.

As AI adoption accelerates, the need for robust tools to secure these rapidly evolving technologies has become urgent. To bridge the gap between innovation and implementation in AI cybersecurity, SANS Institute is launching the AI Cybersecurity Hackathon. This month-long event, running from February 15 to March 15, 2025, aims to inspire cybersecurity professionals, ethical hackers, and developers to create open-source tools that address emerging AI security challenges.

Dream, an AI-driven company focused on cyber resilience, has secured a $100 million Series B investment led by Bain Capital Ventures, bringing its valuation to $1.1 billion. This funding will enable Dream to enhance its product capabilities and expand its global presence. Founded by experts in cybersecurity and government leadership, Dream aims to reshape the way nations and critical infrastructure address complex cybersecurity challenges in the face of sophisticated attacks.

BestDefense.io, a leader in comprehensive cybersecurity solutions, has announced a strategic partnership with First Biometrics, a pioneer in advanced biometric security systems. This collaboration is set to transform the cybersecurity landscape by delivering state-of-the-art solutions that address today’s most pressing cyber threats, with an emphasis on safeguarding critical infrastructure across industries.

Acronis, a global leader in cybersecurity and data protection, is pleased to announce the appointment of Peter Graymon as General Manager for the Nordics. In this role, Graymon will lead Acronis’ regional team to drive business growth, strengthen partner and customer relationships, and further expand the company’s presence in the Nordic market.

IT-Harvest has been selected for the 2025 Google for Startups Growth Academy: AI for Cybersecurity, a prestigious program recognizing 16 global startups leveraging AI-driven cybersecurity innovations.

Palo Alto Networks® , a global leader in cybersecurity, has announced the appointment of Helle Thorning-Schmidt, former Prime Minister of Denmark, and Ralph Hamers, former CEO of UBS Group AG and ING Group, to its Board of Directors. Their addition reinforces the company’s commitment to global expansion and strategic leadership in cybersecurity.