December 1, 2022 8:11 AM
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Accelerated by COVID-19, the digital economy is booming in incredible ways: more organizations are embracing digital transformation, migrating workloads to the cloud, exploring artificial intelligence (AI)-powered solutions for real-time business insights, and much more.
But there’s bad news, too: a soaring increase in the number of touchpoints across mobile and web interfaces has broadened the attack surface, causing a sharp rise in data breaches that threaten both businesses and individuals. At the current rate of growth, damage from cyberattacks will amount to about $10.5 trillion annually by 2025 — a 300% increase from 2015 — according to estimates by Cybersecurity Ventures.
But enterprises are now rising up to fight in the never-sleeping, always-on cybersecurity war zone with new technologies like confidential computing and quantum computing. While quantum computing will unlock powerful analytic and AI-processing capabilities, it also opens the door to serious security vulnerabilities, due to the ability ...