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 companyâs 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 Ixiaâs 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 Symantecâs Integrated Cyber Defense solutions. It works with Ixiaâs CloudLens and Vision ONE for seamless traffic visibility across hybrid networks. Ixiaâs Vision One network is a physical network that processes, feeds, and aggregates the traffic from several access points to Symantec Security Analytics appliances. Ixiaâs CloudLens is programmed to gain visibility of the cloud environment and send traffic to Symantecâs 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 LogRhythmâs 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%Â 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
Dutch Mental Health Care Calls for Total Ban on Online Gambling Advertising
The Dutch mental health service is calling for a total ban on online gambling advertisements in the Netherlands.
Although a ban on untargeted gambling advertisements and a ban on the use of role models has been in effect since 2023, a recent research by KRO-NCRVâs Pointer shows that (illegal) gambling companies and sports tipster platforms are still enticing young people via social media such as TikTok and Snapchat.
By using influencers and terms like âfree moneyâ, they try to attract a young audience and thus lower the threshold to start gambling. This concerns both legal online casinos and online casinos that do not have a license in the Netherlands. The Gaming Authority has started an investigation based on Pointerâs findings.
Pointerâs research shows that part of the gambling industry deliberately targets young people who are often susceptible to promises such as âfast moneyâ and the influence of role models. Ruth Peetoom, chair of the Dutch mental health service, compares this approach to that of the tobacco industry, where similar marketing strategies were used to get young people to smoke.
Despite the existing advertising ban, gambling companies continue to explore the boundaries of the law, according to Peetoom. The Dutch mental health and addiction care associations in the Netherlands therefore push for a total ban on online gambling advertising and stricter rules for the duty of care of gambling providers.
With the call for a total ban, the Dutch mental health care sector hopes to prevent further normalisation of gambling behaviour among young people and to protect them from the temptation and consequences of online gambling.
Compliance Updates
UKGC: Market impact data on gambling behaviour – operator data to Oct 2024
The Gambling Commission has published further data on the gambling industry in Great Britain.
This data, sourced from operators, reflects the period between March 2020 and September 2024, inclusive, and covers online and in-person gambling covering Licensed Betting Operators (LBOs) found on Britainâs high streets.
Comparison should not be made with the industry statistics dataset, as this dataset may include free bets and bonuses and does not include data from all operators.
This release compares Quarter 2 (Q2) of financial year 2024 to 2025, with Q2 of 2023 to 2024, looking at how the market has changed in comparative periods over a year.
The latest operator data shows:
- online total Gross Gambling Yield (GGY) in Q2 (July to September) was ÂŁ1.32 billion, an increase of 11 percent from Q2 the previous year. The overall number of total bets and/or spins increased 12 percent Year-on-Year (YoY), reaching a new peak for the third consecutive quarter of 25.2 billion, whilst the average monthly active accounts2 in the quarter increased 8 percent
- real event betting GGY increased by 6 percent YoY to ÂŁ453 million. The number of bets decreased 10 percent, while the average monthly active accounts in Q2 increased 9 percent
- slots GGY increased 16 percent to ÂŁ680 million YoY. The number of spins increased 13 percent to 23.3 billion while the average monthly active accounts in Q2 increased 16 percent to 4.4 million per month. Although this is a new peak for GGY in this dataset for the slots vertical, it should be noted that one operator has re-classified some of its products into the slot vertical this quarter, which has had an impact on the vertical data
- the number of online slots sessions lasting longer than an hour increased by 9 percent YoY to 10 million. The average session length remained at 17 minutes. Approximately 6.1 percent of all sessions lasted more than one hour compared to 6.6 percent in Q2 the previous year. The number of spins per session has fallen from 147 to 142 YOY, whilst the GGY per session has fallen from ÂŁ4.20 to ÂŁ4.13 in the equivalent timeframe
- LBO GGY decreased by 1 percent to ÂŁ533 million in Q2 2024 to 2025, compared to the same quarter last year, while the number of total bets and spins decreased by 0.1 percent to 3.1 billion.
Industry News
Petra Maria Poola Joins Xace as Group Commercial Director
Xace has announced that Petra Maria Poola has joined the company as Group Commercial Director.
Petra brings a wealth of experience from the iGaming industry having formerly held roles at several iGaming companies such as Yolo, Relax Gaming and SiGMA. She will lead the commercial growth of Xace and its group companies, including crypto and iGaming focused xda.io, helping to drive strategic initiatives across banking, fintech and iGaming solutions.
In her new role, she will mainly oversee the growth of the groupâs sales, marketing and account management functions, ensuring a cohesive strategy that supports Xaceâs ambitious expansion plans.
âI am incredibly excited to start this new chapter with Xace, and work alongside such a talented team and management. Transitioning into the fintech space, while still connected to iGaming, presents an exciting opportunity for growth and learning. Iâm looking forward to applying my expertise to help Xace and its group companies achieve new heights commercially, while gaining deeper insights into the fast-evolving world of fintech,â said Petra Maria Poola.
Reuben Abel, CEO of Xace, said: âPetraâs extensive background in the iGaming sector, combined with her commercial acumen, makes her a valuable addition to the Xace team. She will play a crucial role in expanding Xaceâs market presence and enhancing its suite of services tailored to the specific needs of the iGaming and fintech industries.â
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