Is the internet becoming less secure?

There’s been no shortage of scandals surrounding internet security within recent months. A seemingly endless stream of websites appear to be hacked, with companies such as vTech, Ashley Madison and TalkTalk, to give a few high-profile examples, having their databases compromised.

These security breaches have been detrimental to the image of these companies. TalkTalk was perhaps hit the hardest, with 101,000 customers leaving on the back of the hacking scandal.

Hardware Encryption Market is Expected to Reach $296.4 Billion, Worldwide, By 2020

A new report by Allied Market Research titled, “World Hardware Encryption—Market Opportunities and Forecasts, 2014–2020” forecasts that the world hardware encryption market would garner revenue of $296.4 billion by 2020, registering a CAGR of 54.6% during the forecast period of 2015–2020. Hard disk drives are the most widely encrypted devices, accounting for the highest market share throughout analysis period. Asia-Pacific is the largest revenue generating region for hardware encryption, followed by North America and Europe.