The cybersecurity industry is currently benefiting from a heightened demand for secure networks and cloud-based applications. However, these gains may be limited by the current global economic slowdown and geopolitical issues, which is causing firms to pull back on their technology investments. Elevated costs related to hiring and marketing to increase market share may also affect profits. Despite these challenges, some companies, like Qualys and Varonis Systems, are still seeing growth from these cybersecurity trends.
Infostealers Dominate as Lumma Stealer Detections Soar by Almost 400%
Cybersecurity firm ESET reported a 369% increase in detections of the Lumma Stealer infostealer malware in the second half of 2024. The malware targets two-factor
