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Thanks for being a subscriber to Thematic Signals+. Here are some of the things we’ve been reading lately. Enjoy!
- Team Tematica
Cyber Security & Data Privacy
Securing individuals and organizations against cyber threats and privacy violations:
“… a recent survey revealed that 85% of organizations have fallen prey to ransomware in the past five years. And this crime pays: The predicted global cost of ransomware attacks has climbed steeply with a more than 4x increase between 2017 and 2021 to an estimated $20 Billion, and may be up to 265 Billion by 2031. Indeed, modern ransomware attacks are so profitable that criminal groups like BlackByte, Conti, and REvil are continually developing new and innovative ways to systematically attack organizations while simultaneously increasing the difficulty of detection and prevention.”
- Beating Ransomware in the Midgame: Detection Best Practices in 2022
“The Conti ransomware operation has claimed responsibility for a cyberattack on wind turbine giant Nordex, which was forced to shut down IT systems and remote access to the managed turbines earlier this month… Nordex is one of the largest developers and manufacturers of wind turbines globally, with more than 8,500 employees worldwide.”
- Wind turbine firm Nordex hit by Conti ransomware attack
“The Department of Energy (DOE), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency (NSA), and the Federal Bureau of Investigation (FBI) are releasing this joint Cybersecurity Advisory (CSA) to warn that certain advanced persistent threat (APT) actors have exhibited the capability to gain full system access to multiple industrial control system (ICS)/supervisory control and data acquisition (SCADA) devices, including:
Schneider Electric programmable logic controllers (PLCs),
OMRON Sysmac NEX PLCs, and
Open Platform Communications Unified Architecture (OPC UA) servers.
DOE, CISA, NSA, and the FBI urge critical infrastructure organizations, especially Energy Sector organizations, to implement the detection and mitigation recommendations provided in this CSA to detect potential malicious APT activity and harden their ICS/SCADA devices.”
- APT Cyber Tools Targeting ICS/SCADA Devices
“The global data privacy software market is projected to grow from $2.36 billion in 2022 to $25.85 billion by 2029, at a CAGR of 40.8% in forecast period.”
- Data Privacy Software Market Size, 2022-2029
Digital Infrastructure & Connectivity
The Buildout and upgrading of our Networks, Data Storage Facilities, and Equipment:
“According to Omdia’s forecast, 5G is expected to double to 1.3 billion connections in 2022, nearly double again in 2023 to 2 billion connections, and reach 4.8 billion by the end of 2026… the number of 5G commercial networks has reached 216, according to data from TeleGeography and 5G Americas. That number is expected to reach 330 by the end of 2022 and 352 by the end of 2024, representing strong 5G network investment growth in many regions throughout the world.”
- 5G Forecast: 1.3 Billion by Year-End 2022
“The global data center construction market size was USD 59.7 billion in 2021. It is estimated to reach USD 163.2 billion by 2030, registering a CAGR of 13.47% during 2022-2030… According to the Cloud Infrastructure Report 2021, 57% of respondents said more than half of their infrastructure is in the cloud, and 64% believe they will be fully in the public cloud in the next five years… the regulations around privacy concerns have compelled many vendors to increase data center construction within Europe.”
- Data Center Construction Market Analysis by Emerging Growth Factors and Revenue Forecast to 2030
“The UK’s communications infrastructure is set to move into the ultrafast broadband lane. With the current UK broadband network not upgrading fast enough and rapidly becoming insufficient for services like online streaming and the Internet of Things (IoT), the UK Government has laid out its pledge to ensure that a third of premises have fast fibre broadband by 2025. As such, it is investing £5bn in Project Gigabit, designed to bring fibre broadband to more than a million hard-to-reach homes and businesses.”
- Reshaping the future of fibre: The opportunity for AltNets
“…5G will not be enough to support the metaverse, said Cathy Hackl, who is known as the “Godmother of the metaverse” and is the chief metaverse officer at the Futures Intelligence Group. “When you're talking about the metaverse and telcos, you're talking about multiple, I mean, millions of billions of devices together looking at content in virtual spaces in the physical world,” she told Euronews Next. “You need latency, lower latency, you need more bandwidth. You're talking about seamlessly blending the physical world with the virtual world. And that in itself is going to take more than 5G. That's going to take 6G, WiFi 6, and edge computing”
- 5G won’t be enough: How are telecom companies building the metaverse with Big Tech?
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