The cybersecurity industry is experiencing strong demand due to the need for secure networks and cloud-based applications in a growing hybrid workplace environment, coupled with a surge in data breaches. But factors such as global economic slowdown, and high costs related to expansion and hiring are set to hurt growth and profitability. Major players, including Qualys and Varonis Systems, are seeing growth, despite these challenges, due to the continuing digital transformation trends.
A Trojan-Proxy, hidden in cracked software available on unauthorized websites, has been identified by cyber security researchers. The Trojan, capable of compromising devices, is distributed