DataHorizzon Research has published a report predicting the growth of the application security testing market from $8.7 billion in 2022 to $40.6 billion by 2032. The rising digital transaction rates and increased cyber threats are pushing market growth, with managed services and web security contributing significantly. North America is currently the top region, though the Asia Pacific is emerging quickly due to rising digital security spending.
Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has