Industry News
Developments in Cloud Security to Eliminate Threats
Several companies that dabble with digital content on daily basis store their data on cloud. This data consists of private information of users and comprises of billions of terabytes in size. This delicate data faces threats from ransomwares and malwares. Hence, there arises the need for cloud security. Many software companies strive on making their firewalls impregnable by upgrading their security software.
CloudPassage is a security pioneer which has been awarded the first-ever patent for universal cloud infrastructure security and a leading innovator in cloud asset visibility. To help the company identify and remediate cloud risks, CloudPassage launched Halo. Its primary objective is to find a threat in any deployment in any company’s multi-cloud or hybrid cloud platform. Software Vulnerability Assessment tools and Cloud Service Management (CSM) are key differentiators for the platform. They offer insights on the threats and risks that could arise with usage of different types of cloud services in the organization. One of the key components of CloudPassage Halo is compliance monitoring. It is an automated process of identifying the arrays that informs the company when the configuration or workload strays away from the defined protocols.
The key features of CloudPassage Halo are software vulnerability assessment, file integrity monitoring, secure configuration assessment, and log-based intrusion detection. It offers automated security visibility and compliance monitoring for workloads that run in any on-premise, hybrid cloud, or public cloud environment. Furthermore, it enables monitoring while configuration of a software and reduces the vulnerability by scanning the surface for cloud workloads. It is a single platform that hosts three licensed SKUs: Halo Container Secure, Halo Cloud Secure, and Halo Server Secure.
Keysight Technologies is one of the leading companies that offer solutions to service providers, government, and enterprises ensuring cloud security. Recently, it announced that Symantec and Ixia (a Keysight Business) would extend their collaboration to upgrade their secure hybrid networks. The customers of Symantec would gain real-time visibility into their cloud database as Ixia’s CloudLens integrate with Symantec Security Analytics. This integration will lead to forming an industry-leading threat detection and forensics solution. When any enterprise stores their resources on the cloud, there is often a gap in visibility for those cloud assets. By adapting the cloud database, the IT operations organization is restricted to gain access to the infrastructure and networks that underpin its services. This leads a gap while monitoring those services.
In hybrid network system, SOC teams of enterprises require packet-level access to ensure that their cloud assets are protected. Symantec is working closely with Ixia as it is a part of the Integrated Cyber Defense Platform strategy to develop visibility architecture. This integration enables the SOC admins visibility in the cloud traffic and determine the source and scope of prominent attack or threat to the cloud infrastructure. Bryan Cardoza, product manager, Symantec stated that the recent enterprise comprises of mixed assets, including the data of infrastructure and premises, in the cloud. By operating hybrid cloud environment, this information would be prone to threats and security breaches. This integration will gain customers the full visibility of packet-levels in cloud in hybrid environment and network systems.
Comprehensive forensics and incident responses can be enabled with Security Analytics, by recording and enriching the traffic. Symantec Security Analytics is the key component of the Symantec’s Integrated Cyber Defense solutions. It works with Ixia’s CloudLens and Vision ONE for seamless traffic visibility across hybrid networks. Ixia’s Vision One network is a physical network that processes, feeds, and aggregates the traffic from several access points to Symantec Security Analytics appliances. Ixia’s CloudLens is programmed to gain visibility of the cloud environment and send traffic to Symantec’s Virtual Appliances. This traffic that is received through virtual and physical appliances is analyzed and processed. The results obtained from the analysis and then delivered through an aggregated view within Security Analytics.
A world leader in NextGen SIEM, LogRhythm, strives in empowering enterprises all over the world and reduce operational and cyber risk by quickly detecting, responding, and neutralizing the harmful cyberthreats. It has released a new Cloud-Based NextGen Security Information and Event Management (SIEM) Platform to improve the cloud security. The platform provides accurate detection and accelerated neutralization of sophisticated cyberthreats. The benefits from this platform are driven by LogRhythm’s end-to-end platform architecture. It uses patented and high-end machine-based analytics and its embedded security orchestration, automation, and response (SOAR) functionality. This ensures customers can now endorse best-in-class analyst experience offered by LogRhythm. Furthermore, it calculates the efficiency and other benefits while reducing the expenditures.
The customers of LogRhythm Cloud services require significantly lesser time to administer, deploy, and maintain the platform whilst spending more time using LogRhythm. This specially benefits the platform that is designed to reduce mean time to respond (MTTR) and mean time to deploy (MTTD) at the lowest cost of ownership (TCO). Kevin Merolla, the security manager at Chart Inc. said that the problem for solution maintenance was never an issue while working alongside LogRhythm Cloud. He could identify new cases for production instead of wasting time for setting up new hardware and software. It makes LogRhythm Cloud more valuable as it can be used across multiple other networks.
As the threat to private data increases, many companies aim to integrate cloud security. Many software companies have invested in the market of cloud security to develop new software that will put a stop to ransomwares and malwares. This has greatly profited the market of cloud security. As technology advances, more and more enterprises choose to digitalize its documents. To ensure the protection of this digital data, the need for cloud security increases at a substantial rate. The fast pace advancement of digital sector will drive the market for cloud security to new heights. After performing exhaustive research, Allied Market Research has forecasted that the global market for cloud security would rise to $8.9 billion at a CAGR of 23.5% by 2020. The fast pace advancement of digital sector will drive the market for cloud security to new heights.
By: Pratik Kirve
Pratik Kirve holds a bachelor degree in Electronics and Telecommunication Engineering and currently working as a Content Writer at Allied Analytics LLP. He has avid interest in writing articles across different verticals. When he is not following updates and trends, he spends his time reading, writing poetry, and playing football.
Industry News
Europe Sports Betting Market Size, Share & Trends Analysis Report 2024-2030 Featuring Bet365, William Hill, Betfair, Paddy Power, 888sport, Bwin, Unibet, Ladbrokes, MGM, and Betsson
The “Europe Sports Betting Market Size, Share & Trends Analysis Report by Type, Platform, Sports Type (Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Others), Country, and Segment Forecasts, 2024-2030” report has been added to ResearchAndMarkets.com’s offering.
The Europe sports betting market size is anticipated to reach USD 65.54 billion by 2030 and is expected to expand at a CAGR of 9.9% from 2024 to 2030
The globalization of sports and the integration of international leagues and tournaments into European betting markets have fueled the growth of sports betting. Major sporting events such as the FIFA World Cup, UEFA European Championship, Wimbledon, and the Olympics attract widespread attention and betting interest from European consumers, driving significant betting volumes and revenues for sports betting operators, thus driving the growth of the sports betting market in Europe.
The COVID-19 pandemic had a negative impact on the European sports betting market. The cancellation or postponement of sports events during the pandemic restrained the market growth. With major tournaments, leagues, and competitions either suspended or canceled outright, the absence of live sports events severely diminished consumer betting opportunities. It led to a significant decline in betting volumes and revenues for sports betting operators.
The presence of favorable betting policies in the region is driving the growth of the sports betting market in the region. Many European countries, such as the UK, Ireland, Denmark, and France, have progressive policies promoting a competitive and well-regulated betting market. It facilitates the entry of new operators into the market and encourages competition, leading to innovation, improved services, and better value for consumers.
Moreover, established responsible gambling initiatives and regulatory bodies in Europe, such as the European Gaming & Betting Association, help build trust and confidence among consumers by promoting responsible gambling practices, ensuring fairness and transparency in betting operations, and providing avenues for dispute resolution, to protect consumers and maintain the integrity of the betting market, thus driving the growth of sports betting market in the region.
Europe Sports Betting Market Report Highlights
- Based on the type of betting, the fixed odd wagering segment accounted for the highest revenue share of 27.7% in 2023 due to the stability and predictability of the payouts
- Based on platform, the online segment dominated the market in 2023 and is expected to grow at a significant CAGR from 2024 to 2030. It can be attributed to the collaborations between sports teams, leagues, and betting companies, thus increasing the visibility of sports betting and attracting a larger customer base.
- In terms of sports type, the football segment accounted for the largest revenue share in 2023. It can be attributed to the popularity of football in Europe due to popular football clubs like Real Madrid, Liverpool FC, FC Barcelona, and Manchester United.
- The UK held a significant share of 34.6% in 2023 and is expected to grow at a significant CAGR during the forecast period. Favorable gambling policies in the country drive the market’s growth.
Company Profiles
- Bet365
- Ali William Hill
- Betfair
- Paddy Power
- 888sport
- Bwin
- Unibet
- Ladbrokes
- MGM Resorts International
- Betsson
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 80 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $33.75 Billion |
| Forecasted Market Value (USD) by 2030 | $65.54 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Europe |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Europe Sports Betting Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Increasing number of sport events
3.2.1.2. Growing number of sporting events and leagues in Europe
3.2.2. Market restraint analysis
3.2.2.1. Lack of unified regulations
3.2.3. Market opportunity analysis
3.2.3.1. Growth in E-sports audience
3.3. Europe Sports Betting Market Analysis Tools
3.3.1. Industry Analysis – Porter’s
3.3.2. PESTEL Analysis
Chapter 4. Europe Sports Betting Market: Platform Estimates & Trend Analysis
4.1. Platform Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. Europe Sports Betting Market by Platform Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.4.1. Offline
4.4.2. Online
Chapter 5. Europe Sports Betting Market: Type Estimates & Trend Analysis
5.1. Type Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. Europe Sports Betting Market by Type Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.4.1. Fixed odds wagering
5.4.2. Exchange Betting
5.4.3. Live/In Play Betting
5.4.4. eSports Betting
5.4.5. Others
Chapter 6. Europe Sports Betting Market: Sports Type Estimates & Trend Analysis
6.1. Sports Type Market Share, 2023 & 2030
6.2. Segment Dashboard
6.3. Europe Sports Betting Market by Sports Type Outlook
6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.4.1. Football
6.4.2. Basketball
6.4.3. Baseball
6.4.4. Horse Racing
6.4.5. Cricket
6.4.6. Hockey
6.4.7. Others
Chapter 7. Europe Sports Betting Market: Regional Estimates & Trend Analysis
7.1. Regional Market Share Analysis, 2023 & 2030
7.2. Regional Market Dashboard
7.3. Regional Market Snapshot
7.4. Market Size, & Forecasts Trend Analysis, 2018 to 2030
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company/Competition Categorization
8.3. Vendor Landscape
8.3.1. List of key distributors and channel partners
8.3.2. Key customers
8.4. Company Profiles
For more information about this report visit researchandmarkets.com
Industry News
Leading online slot developer announces launch of Snoop’s High Rollers which will go live exclusively with popular crypto sportsbook and casino
Gaming Corps, a publicly listed game development company based in Sweden, has signed a major deal that will see it launch an exclusive slot game in collaboration with rap legend, Snoop Dogg. The game will drop exclusively on Roobet, the online casino where Snoop Dogg is a brand ambassador.
Snoop Dogg needs no introduction. He made his music industry debut when he appeared on Dr Dre’s 1992 album, The Chronic, and has since sold more than 50 million albums worldwide. He’s also made several movie and TV show appearances, making him one of the most iconic artists of all time.
The game is “Snoop’s High Rollers” and allows players to experience what it’s like to live life as a music legend. The soundtrack is inspired by Snoop’s early and later works and the main man has also narrated parts of the game to really bring it to life.
Snoop has also played a part in creating the gameplay, hand-picking mechanics and bonus features to really put his stamp on the game. Roobet has also got in on the action, leading to a unique online slot that will soar to the top of the charts among its players.
Snoop’s High Rollers will make its debut exclusively on Roobet, the crypto casino and sportsbook that has taken the market by storm since its launch in 2019. The casino’s team has put a comprehensive marketing strategy behind the game with plans to use it to drive new customer acquisition at scale.
“It is with much pride that we at Gaming Corps have had the chance to develop a game in close collaboration with Snoop Dogg and Roobet, where we have combined our unique gaming perspective with Snoop Dogg’s unparalleled style and charisma,” Juha Kauppinen, Gaming Corps CEO, said:-
“Our vision is to offer players an experience where music, culture and gaming merge into something extraordinary. Our close collaboration with Roobet has enabled us to do the impossible, namely world-class marketing, game release is planned for 20 of April. We’re thrilled, and discussions are already underway about several game concepts!”
Anthony Brennan, Head of Partnerships at Roobet, added: “Roobet loves pushing the envelope and never flinches at an opportunity to bring iGaming and pop culture together. Snoop loves his game, we love the game, and we’ve been delighted at the experience of building something that feels fresh in an industry full of remixes.
“We can’t say enough nice things about the Gaming Corps team, and we’re excited to hear what the gaming community has to say!”
IDnow, a leading identity verification provider in Europe, has unveiled VideoIdent Flex, a new version of its expert-led video verification service that blends advanced AI technology with human interaction. The human-based video call solution, supported by AI, has been designed and built to boost customer conversion rates, reduce rising fraud attempts, increase inclusivity, and tackle an array of complex online verification scenarios, while offering a high-end service experience to end customers.
The company’s original expert-led product, VideoIdent, has been a cornerstone in identity verification for over a decade, serving the strictest requirements in highly regulated industries across Europe. VideoIdent Flex, re-engineered specifically for the UK market, represents a significant evolution, addressing the growing challenges of identity fraud, compliance related to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes and ensuring fair access and inclusivity in today’s digital world outside of fully automated processes.
As remote identity verification becomes more crucial yet more challenging, VideoIdent Flex combines high-quality live video identity verification with hundreds of trained verification experts, thus ensuring that genuine customers gain equal access to digital services while effectively deterring fraudsters and money mules. Unlike fully automated solutions based on document liveness and biometric liveness features, this human-machine collaboration not only boosts onboarding rates and prevents fraud but also strengthens trust and confidence in both end users and organisations. VideoIdent Flex can also serve as a fallback service in case a fully automated solution fails.
Bertrand Bouteloup, Chief Commercial Officer at IDnow, said: “VideoIdent Flex marks a groundbreaking advancement in identity verification, merging AI-based technology with human intuition. In a landscape of evolving fraud tactics and steady UK bank branch closures, our solution draws on our decade’s worth of video verification experience and fraud insights, empowering UK businesses to maintain a competitive edge by offering a white glove service for VIP onboarding. With its unique combination of KYC-compliant identity verification, real-time fraud prevention solutions, and expert support, VideoIdent Flex is a powerful tool for the UK market.”
Whereas previously firms may have found video identification solutions to be excessive for their compliance requirement or out of reach due to costs, VideoIdent Flex opens up this option by customising checks as required by the respective regulatory bodies in financial services, mobility, telecommunications or gaming, to offer a streamlined solution fit for every industry and geography.
Bouteloup added: “Identity verification is incredibly nuanced; it’s as intricate as we are as human beings. This really compounds the importance of adopting a hybrid approach to identity – capitalising on the dual benefits of advanced technology when combined with human knowledge and awareness of social cues. With bank branches in the UK closing down, especially in the countryside, and interactions becoming more and more digital, our solution offers a means to maintain a human relationship between businesses and their end customers, no matter their age, disability or neurodiversity.
“VideoIdent Flex is designed from the ground up for organisations that cannot depend on a one-size-fits-all approach to ensuring their customers are who they say they are. In a world where fraud is consistently increasing, our video capability paired with our experts adds a powerful layer of security, especially for those businesses and customers that require a face-to-face interaction.”
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