The global security as a service (SECaaS) market is projected to grow at a compound annual growth rate of 14.5% from 2023-2028, reaching US$ 33.0 billion by 2028. Factors driving this growth include rising demand for cloud-based security, growing online threats, compliance regulations, COVID-19-induced remote work security concerns, and technological advancements in the sector. Large enterprises and the financial and government sectors are key adopters of SECaaS.

Hackers are selling counterfeit phones with crypto-stealing malware
Kaspersky has identified thousands of low-cost Android smartphones sold online that come with preinstalled malware programmed to steal cryptocurrency details. The devices are infected with