The email encryption software market segment is expected to cover more than 25% industry share in 2026 due to the rising uptake of security software to protect data from malware, identity thefts and phishing.

Selbyville, Delaware, Jan. 08, 2020 (GLOBE NEWSWIRE) --

Global Market Insights, Inc. has recently added a new report on encryption software market which estimates the global market valuation for encryption software will cross US$ 20 billion by 2026. The industry growth is attributed to supportive government initiatives to combat cybercrimes and the rising instances of data breaches globally. The growing implementation of disk, email, and mobile encryption capabilities in security suites provided by the cybersecurity vendors to address the evolving threats will augment market growth.

The email encryption software market is expected to hold a share of over 25% in 2026 due to the rising uptake of security software to protect data from malware, identity thefts, and phishing. As email is one of the widely used communication methods used by enterprises, the demand for email data protection software to secure various aspects of email systems including content, media attachments or email access increases. The software encrypts data in transit and at rest and also supports multi-factor authentication for additional security, ensuring that sensitive information is always protected in line with regulatory compliance.

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The on-premise deployment model segment held over 70% of the market share in 2019 and is projected to maintain a dominant position over the forecast timeline. The enterprises prefer an on-premise deployment model approach due to the high security associated with managing sensitive data in-house and gain access to cryptography keys for enhanced security. However, with the growing popularity of cloud platforms to store enterprise data due to high scalability and cost benefits, the demand for cloud-based encryption software is expected to accelerate over the forecast timeline.

The retail sector will also observe the heavy uptake of encryption over the projected timeframe owing to the need to protect customer data throughout a retailers operations. The sector is witnessing a huge usage of third-party services to support online transactions, optimizing customer experience on their websites. This has led to a rise in the number of data breaches, exploiting sensitive customer information such as credit card & bank account details and personal credentials. According to a report published by Thales eSecurity, a cybersecurity provider, around 75% of the U.S. retailers have experienced a breach in 2018 as compared to 52% in 2017, exceeding the global average. The demand for cybersecurity solutions will rise significantly from 2020 to 2026, preventing theft & customer information compromise.

Browse key industry insights spread across 260 pages with 269 market data tables and 26 figures & charts from the report, Encryption Software Market Size, By Component (Software [Endpoint Encryption, Email Encryption, Cloud Encryption], Service [Training & Consulting, Integration & Maintenance, Managed Service]), By Deployment Model (On-Premise, Cloud), By Application (IT & Telecom, BFSI, Healthcare, Retail, Government & Public Sector, Manufacturing), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 2026 in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/encryption-software-market

Latin America encryption software market is expected to grow at a CAGR of over 18% from 2020 to 2026 due to the rising number of cyberattacks on the business-critical infrastructure, growing usage of digital platforms among enterprises to conduct business transactions, and supportive government initiatives to promote cybersecurity. The rapidly evolving threat landscape has compelled public & private enterprises to promote digital security to safeguard sensitive business information. The government agencies in the countries including Mexico, Brazil, and Argentina are introducing cybersecurity strategies to respond to a wide array of cyberattacks.

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Some major findings of the encryption software market report include:

The competition in the encryption software market is characterized by strategic partnerships, new product launches, and geographic expansion. For instance, in November 2019, Sophos partnered with Telefonica UK (O2) to provide its products & services to Telefonicas customers in the UK. The partnership enables the customers to gain access to Sophos Central cloud-based security platform to secure their organizations. The companys products & services also enable customers to minimize cybersecurity risks by using behavioral analytics and machine learning to identify known & unknown threats. In August 2018, Kapalya, a Hawaii-based cybersecurity startup, introduced a data protection solution to secure data at rest and data in transit on private & public clouds and mobiles. The platform allows users to work on any device, ensuring end-to-end encrypted file sharing.

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Partial chapters of report table of contents (TOC):

Chapter 3. Encryption Software Industry Insights

3.1. Introduction

3.2. Industry segmentation

3.3. Industry landscape, 2015 2026

3.4. Evolution of encryption software

3.5. Encryption software industry architecture

3.6. Encryption software industry ecosystem analysis

3.7. Technology & innovation landscape

3.7.1. Quantum cryptography

3.7.2. Honey encryption

3.7.3. Lattice based cryptography

3.8. Regulatory landscape

3.8.1. North America

3.8.1.1. ENCRYPT Act of 2019 (U.S.)

3.8.1.2. Gramm-Leach-Bliley Act of 1999 (U.S.)

3.8.1.3. Personal Information Protection and Electronic Documents Act [(PIPEDA) Canada]

3.8.2. Europe

3.8.2.1. General Data Protection Regulation (EU)

3.8.2.2. Data Protection Authority (DPA) regulations on the transmission of personal data by e-mail (Denmark)

3.8.3. APAC

3.8.3.1. National Law on Cryptography (China)

3.8.3.2. Guide to securing personal data in electronic medium (Singapore)

3.8.4. Latin America

3.8.4.1. Law No. 9,296 of July 24, 1996 (Government Access to Encrypted Communications, Brazil)

3.8.4.2. National Directorate of Personal Data Protection (Argentina)

3.8.5. MEA

3.8.5.1. Policy of Control and Licensing of Commercial Encryption Items (Israel)

3.8.5.2. Regulation of Interception of Communications and Provision of Communication-related Information Act, 2002 (RICA- South Africa)

3.9. Industry impact forces

3.9.1. Growth drivers

3.9.1.1. Stringent regulations on cybersecurity and data privacy compliances

3.9.1.2. Rising concerns over securing enterprise Intellectual Property (IP) assets

3.9.1.3. Increasing proliferation of cloud and virtualization technologies

3.9.1.4. Growing trend of Bring Your Own Devices (BYOD) among enterprises

3.9.2. Industry pitfalls & challenges

3.9.2.1. Complexities in encryption key management

3.9.2.2. Easy availability of pirated and free-to-use encryption software

3.9.2.3. Regulatory restrictions on cryptography and encryption

3.10. Growth potential analysis

3.11. Porters analysis

3.12. PESTEL analysis

Browse complete report table of contents @ https://www.gminsights.com/toc/detail/encryption-software-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Encryption Software Market to cross USD 20 Bn by 2026: Global Market Insights, Inc. - Yahoo Finance

Navy Rear Adm. Grace Hopper in 1978.

Lynn Gilbert/Wikimedia Commons

Recipients of the Turing Awardwidely considered the Nobel Prize of computingmay not be household names, but their innovations have wired our lives. Tim Berners-Lee (2016 Turing Award recipient) invented the World Wide Web and the first web browser. Whitfield Diffie and Martin Hellman (2015 recipients) invented public-key cryptographythe security ingredient that permits us, for example, to enter credit card numbers online with confidence. Raj Reddy (1994) pioneered artificial intelligence, which enables computers to understand spoken language. Yoshua Bengio, Geoffrey Hinton, and Yann LeCuns (2018) breakthroughs in deep learning have enabled self-driving cars, facial recognition, and more.

Nominations for the 2019 Turing Award are due to the Association for Computing Machinerythe awarding organizationby Jan. 15. The ACM typically announces the winner(s) in March. Later in June, it will honor the recipient(s), along with winners of its other, less prestigious computing prizes, at an awards banquet in San Francisco. If you attend, youll notice something stark: Nearly all of those who have received computings top prize have been men.

Reading through the recipient list, you could easily come away with the false impression that men are responsible for nearly all computing breakthroughs. Since the Turing Awards inception in 1966, 70 computer scientists have won it, only three of whom have been women. The first female recipient didnt win until 2006it took 40 years to recognize a woman. Some hypothesize that the dearth of women Turing Award recipients reflects womens underrepresentation in the field. However, the roughly 4 percent of women recipients does not approximate the fact that women currently earn 21 percent of the Ph.D.s in computer science, down from the 1987 peak of 37 percent.

Million-dollar prizes like the Turing Award seize the publics attention. Winners are sought-after, invited to give high-profile speeches, meet with business leaders, and advise politicians. For a certain nerdy cohortone I belong tothey are heroes. In public programming emanating from the ACM Awards Banquet and beyond, they serve as role models to inspire young people. When womens contributions are overlooked, the public forgoes opportunities to derive inspiration and gain advice from an important sector of computing pioneers.

And the ACM has definitely missed opportunities to recognize pioneering women computer scientists. Grace Hopper (19061992) worked on the first commercial computer produced in the U.S., created the first complier, and invented the first English-like data processing language. The ENIAC TeamBetty Jean Bartik, Kathleen McNulty, Mauchly Antonelli, Ruth Teitelbaum, Frances Spence, Marlyn Meltzer, and Frances Holbertonwas responsible for the worlds first general-purpose computer used for calculating World War II ballistic trajectories. Sister Mary Kenneth Keller (19131985) helped develop BASIC computer code. Radia Perlman (born in 1951) developed spanning tree protocol, making the internet possible. Judy Clapp (born in 1930) developed an air defense system prototype that used radar to track and direct aircraft courses. Karen Sparck Jones*(19352007) developed inverse document frequency, the technology underlying modern search engines. Stories of women computing pioneers could fill books. In fact, they do: A few gems include Broad Band: The Untold Story of the Women Who Made the Internet, When Computers Were Human, and Grace Hopper: Admiral of the Cyber Sea.

Fostering better gender inclusivity among Turing Award recipients and in the larger computing community is not only good for womenits also good for innovation and discovery. Gender diversity in science enhances the variety of viewpoints, questions, and areas addressed by researchersleading to a gender diversity dividend. Heterogenous groups of problem-solvers have been shown to outperform groups of homogenous, high-ability problem solvers, according to one study. Participants in diverse groups have been shown to prepare better in anticipation of dissenting opinions, which provokes thought and enhances their creativity, according to other studies. As one author wrote, Diversity jolts us into cognitive action in ways that homogeneity simply does not.

Nonetheless, research shows that systemic implicit and explicit bias impede women computer scientists. Pervasive stereotypes suggesting that they do not possess innate scientific talent also undermine women. Women who are perceived as feminine or adept at interpersonal skills are often deemed ill-suited for computing.

However, there is good news: Many of the very influential men who have received the Turing would prefer for the award to be more inclusive. We have been trying to prime the pump by having the [ACM] committees pay more attention to encouraging nominations in accordance with this broad desire to have all of the people represented, said Vinton Cerf (2004), recent co-chair of the ACM awards committee, and current chief internet evangelist at Googlewhere he is working on an interplanetary internet, among other pursuits.

Recognizing more women wouldnt, by itself, reduce the institutional barriers that limit womens advancement in computing. At universities, women researchers are called on for internal service roles tending to the academic family more often than men, which constrains their research time. Lack of maternity leave and affordable child care disproportionately affect women scientists during the vital early-career stages. Also, some family-friendly policies exacerbate gender inequities among research scientists, particularly as family leave policies have been shown to reduce mens teaching loads at a higher rate than womens. On-site child care has been shown to increase mens journal publicationsbut only womens teaching duties.

Some of the institutional problems are mirrored in the process of identifying potential Turing Award winners. The ACM relies on prominent computer scientists to write letters of support nominating candidates for the award. Academic letters in the sciences, necessary for career advancement and award nominations, have been shown disproportionately to contain language raising doubts about women electing to pursue science, which corroborates an earlier study. Those who are charged with evaluating professional accomplishments often do not account for mens tendency to overestimate their abilities or womens tendency to underestimate theirs. The result is a pool of Turing Award nominees that bears striking similarities to 50 years worth of draw-a-scientist experiments, in which children asked to draw a scientist overwhelmingly draw men. To be sure, not every woman in computing experiences all of these challenges. But many experience some.

We typically receive one woman nominee [for the Turing Award] every five years. Its very disturbing, said ACM President Cherri Pancake in September at the most recent Heidelberg Laureate Forum, an annual gathering of math and computer science laureates.

We need to nominate more women, said Turing Award recipient Robert Tarjan (1986) at the time. I can think of a number of women who should be nominated. They are deserving women.

Indeed. The ACM has made some progress toward gender inclusivity with regard to the Turing in recent years. Frances Allen (2006) was recognized for her work optimizing compilersprograms that translate code from one programming language into another. That laid the foundation for automatic parallel execution, in which large computational problems are divided into smaller ones that are solved simultaneously. Barbara Liskov (2008) was honored for pioneering contributions to programming languages and system design. And Shafi Goldwasser (2012) was celebrated for paving the way for the science of cryptography and inventing methods for efficiently verifying mathematical proofs in the study of complex systems.

Nonetheless, Allen, Liskov, and Goldwasser could use company not only on a potential trip to the ACM Awards Banquet or the Heidelberg Laureate Forum, but in the publics collective conscious concerning what computer science heroes look like.

Correction, Jan. 7, 2020: This article originally misidentified Karen Sparck Jones as Katherine Spark Jones.

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Why Have So Few Women Won the Most Important Award in Computing? - Slate

The global quantum cryptography market should reach $1.3 billion by 2024 from $347.2 million in 2019, with a compound annual growth rate (CAGR) of 30.7% during the forecast period 2019-2024.

Report Scope:

The scope of this report is broad and covers global markets of quantum cryptography, which is used globally in various types of applications. The market is segmented by deployment protocol, algorithm type, component, application, end-user vertical, and by region. Revenue forecasts from 2019 to 2024 are presented for each deployment protocol, algorithm type, component, application, end-user vertical, and regional market.

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The report also discusses the major players in each of the regional markets for quantum cryptography. It explains the major market drivers of the global market of quantum cryptography, the current trends within the industry, and the regional dynamics of the quantum cryptography market. The report concludes with a special focus on the vendor landscape. It includes detailed profiles of the major global vendors in the quantum cryptography industry.

Report Includes:

86 tables An overview of the global market for quantum cryptography Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024 Assays the role of quantum cryptography to help secure private messages and communication of confidential information across different verticals Information on underlying technologies driving the industrys growth along with primary factors current trends, regulatory updates, and other macro-economic factors that can influence the market Insights into initiatives taken by government and institutions around the world to build quantum computers that can break down non quantum-based cryptography Snapshot of technological advancements in next-generation wireless network technologies Detailed profiles of key companies in the global quantum cryptography market, including Crypta Labs Ltd., Hewlett-Packard, IBM, Infineon Technologies AG, Microsoft Corp., Quintessence Labs Pty Ltd., and Toshiba Corp.

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Summary

Quantum cryptography uses quantum mechanical properties to complete cryptographic tasks. The Quantum Key Distribution (QKD) technology in quantum cryptography is based on Heisenbergs uncertainty principle. Therefore, an unauthorized third partys attempt to intercept the secret keys used for encryption will produce an irreversible change in the quantum states before they are retransmitted to the intended destination. This will cause an abnormally high error rate in the transmissions between the sender and intended recipient, alerting the recipient of the unauthorized third partys attempt to intercept the keys. Quantum cryptography is used across industries such as government and defense,banking and financial services, IT and telecommunications, and retail, among others.

The increasing number of cyberattacks, along with the pressing need to secure data and cybersecurity funding should drive the growth in the global market of quantum cryptography. Governments and institutions around the world are directing financial resources toward build quantum computers that can instantly break non-quantum-based cryptography. This also has created an increased interest in quantum cryptography as many companies are seeking to install quantum cryptographic systems to protect their data. The IT and telecommunication sector should be the largest contributor to the global market of quantum cryptography because enterprises in this segment continuously generate big data.Protection from cyberattacks is vital.

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Quantum Cryptography Market Size and Key Trends in Terms of Volume and Value 2019-2024 - Instanews247

nCipher Security CSO Pali Surdhar, on what to expect in 2020

ncipher

Mon, 01/06/2020 22:20

To paraphrase the wise fictional character Ferris Buellerthe IT security world moves at a pretty fast pace. If you dont stop and look around once in a while, you miss out on a business world rite of passage: 2020 predictions.

Below, nCiphers CSO Pali Surdhar on what we might expect in 2020, as broken down by topic area.

Consumers will continue to demand a better user experience and always on availability of their devices and applications, which will require them to give up even more PII data to applications and services. This will happen readily, despite the ongoing publicity around dubious business privacy practices. As software (or rather, APIs) continue to eat the world, security and securing software (especially embedded systems) will continue to prove challenging, leading to even more breaches. 2019 is proving to be a banner year for breaches, and theres no reason to believe 2020 will be a positive exception to the rule.

The hype around blockchain will abate, as both consumers and businesses come to understand blockchain is not a financial panacea. Keeping blockchain technology secure still entails relying on security best practices, which include secure key management and correct use of cryptography. Concurrently, well see a focus on quality over quantity: blockchain applications will become more meaningful due to a better understanding of the limitations of the system and where real benefits may be derived.

Supply chain security and assurance will increasingly take the data security spotlight. As companies seek to cut costs and increase efficiencies by collaborating with multiple third-parties, their supply chains have become even more complex. Transparency is necessary for security, but the degrees of separation within a supply chain have made this goal even more unreachable.

Security professionals will be more difficult to recruit despite the huge interest and awareness around the importance of this role. This is because the focus on security is moving up the stack. Cloud deployments are becoming more attractive and embedded hardware less so. Security in the cloud requires a different model, and budding professionals are being taught high-level languages such as python. Unfortunately, theyre then missing out on the appreciation of processor architecture necessary when working with lower level languages and embedded systems.

In 2020, cyber criminals will leverage AI and machine learning (ML) to find exploits on systems and it will lead to prolific and public data security breaches. AI and ML are powerful tools for data crunching I expect that we will start to see the development of exploit tools that are based on AI and ML. We also know that AI and ML systems can be defeated or biased to give anomalous results. Additionally, most of the data being used for AI and ML is not normally under the control of a single body. There are multiple sources and owners, so preserving the integrity data used to train intelligent systems is not an easy problem to solve. Attackers can easily exploit this loophole.

A contrived example is that your Garmin collects your health data and your insurance company finds out that you have a heart murmur and decides to increase your insurance premium so whoever controls the data can modify the outcome. The bottom line is that AI and ML are double-edged swords, and that reality will increasingly become apparent.

Click here to read more predictions from nCiphers executive team. You can also follow nCipher on Twitter, LinkedIn, and Facebook.

Blog Authored date

Wed, 01/08/2020 12:00

*** This is a Security Bloggers Network syndicated blog from Drupal blog posts authored by ncipher. Read the original post at: https://www.ncipher.com/blog/ncipher-security-cso-pali-surdhar-what-expect-2020

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nCipher Security CSO Pali Surdhar, on what to expect in 2020 - Security Boulevard

https://radiofreehpc.com/audio/RF-HPC_Episodes/Episode260/RFHPC260_QuantumQuantum.mp3In this podcast, the Radio Free HPC team looks at how Quantum Computing is overhyped and underestimated at the same time.

The episode starts out with Henry being cranky. It also ends with Henry being cranky. But between those two events, we discuss quantum computing and Shahins trip to the Q2B quantum computing conference in San Jose.

Not surprisingly, there is a lot of activity in quantum, with nearly every country pushing the envelop outward. One of the big concerns is that existing cryptography is now vulnerable to quantum cracking. Shahin assures us that this isnt the case today and is probably a decade away, which is another way of saying nobody knows, so it could be next week, but probably not.

We also learn the term NISQ which is a descriptive acronym for the current state of quantum systems. NISQ stands for Noisy Intermediate Scale Quantum computing. The conversation touches on various ways quantum computing is used now and where its heading, plus the main reason why everyone seems to be kicking the tires on quantum: the fear of missing out. Its a very exciting area, but to Shahin, it seems like how AI was maybe 8-10 years ago, so still early days.

Other highlights:

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Podcast: The Overhype and Underestimation of Quantum Computing - insideHPC

Ritika Sharma Wednesday, 08 January 2020, 06:42 EST Modified date: Wednesday, 08 January 2020, 06:42 EST

What if I say that Ethereum could provide us with a global economy up to $80 trillion? That is indeed a thoughtful idea, as gold-which has a high demand and is much precious, has a market cap of $8 trillion in the present world.

Well before we get into a discussion further, let us first notice what Andrew Keys, the former Head of Global Business Development at ConsenSys and now the managing partner at Digital Asset Risk Management Advisors (DARMA Capital), says.

Keys says that BTC and blockchain would think of individual entities of their own as Ethereum which considered to be the dial-up internet would be more or less compatible as the Broadband. According to him, while Bitcoin can be used for a particular cause, Ethereum can be used to benefit the world and the community in plenty number of ways.

The Open Source, Blockchain-based distributed computing platform, Ethereum, could digitize many of the assets such as gold, software licenses, debt, derivatives, etc. In his blog post of ConsenSys, he also mentions the by far pace of the development of Ethereum 2.0. The phase 0 of the Ethereum would be instead replaced by step 1 by the use of SHARD Chains.

Moreover, as Keys also suggests the benefits of Bitcoin as a way which could bring the peer to peer network, a consensus-building algorithm and a virtual machine for aiming a solution to the double-spent problem and the Byzantine generals problem he also says that Ethereum could kick start the decade with amazing benefits.

The Bitcoin maximalists that believe that Bitcoin is where this decentralizing technology will stop will be in for a rude awakening. Bitcoins ascension to digital gold has been astounding and has signalled the beginning of a whole new techno-economic era. But digital gold is just thata beginning. Keys Says.

Keeping the two technologies aside, Andrew also predicts Web 3.0, which is the 3rd gen of the Internet services, would also see its upliftment by taking Ethereum as a base. To create more connected and open websites, Web 3.0s elements would also see a boom in 2020.

As an instance, the Filecoin, developed by Protocol Labs, would help with the provision of space in hard disks for cryptography.

Thus, as a conclusion, it can be indeed be said that the year 2020 could be a boom in the world of blockchain technology, so let us see what the powerful asset ETH has to offer in its course of making it a superpower.

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2020 A Decisive Year For Blockchain Via Ethereum? - The Coin Republic