Global cybercrime damages will grow to $6 trillion annually by 2021, up from $3 trillion annually in 2015, predicts market research firm Cybersecurity Ventures.

Whilst there are plenty of new security solutions on the market, “there are traditional methods of network security that have stood the test of time and remain an industry standard”, such as network segmentation, says security management tech firm Tufin.

“There is a reason network segmentation remains an accepted best practice by security experts and industry regulators. Simply put, it’s effective. In fact, the Department of Homeland Security (DHS) says that network segmentation is a necessary step in an organisation’s network security strategy.”

This infographic, created by Tufin, looks at the current threat landscape and how network segmentation can help keep organisations secure from today’s sophisticated cyberattacks.

network-segmentation-infographic

Source: Tufin


Banking Technology Awards 2017 are now open for entry!

Know any innovative products, inspirational projects, skilled teams or visionary leaders that deserve a special recognition this year? Nominate them for a Banking Technology Award!

Deadline for submitting the nominations is 25 August 2017.

Banking Technology Awards 2017 banner

@banking
techno