Latest Security market data News

Ixia expects networking industry's top trends in 2012 to come from data centre, wireless, security, IPv6 and Carrier Ethernet deployments
posted on 15/12/2011

Next-Generation Data Centre 40- and 100-Gigabit Ethernet (GE): Virtualised servers will generate more traffic than 10 Gbps connections can handle. In 2012, we will see most major NEMs offer higher speeds in their top-of-rack and end-of-row switches, and major server manufacturers offer 40GE interfaces in their high-performance servers. Development will be largely fuelled by the availability of low-cost QSFP+ interfaces. Look for 100Gbsp ports on new offerings for links between core switches. Testing traffic and application delivery at 40/100Gbps speeds will be required to ensure new hardware implementations can meet scalability and quality of service (QoS) requirements. Converged Fibre Channel and Ethernet Networks: The widespread use of low-cost 10Gbps Ethernet networking, coupled with new data centre bridging (DCB) and Fibre Channel over Ethernet (FCoE) technologies, is finally making LAN/SAN convergence and its economic benefits a reality. Thus far, only Brocade, Cisco, HP and Mellan... [more]

September annual security congress in Philadelphia : (ISC)²® announces call for speakers
posted on 12/12/2011

(ISC) 2® announced today the the call for speakers for the second annual (ISC)2 Security Congress, being held September 10-13, 2012, in Philadelphia, USA. The event, being collocated with the ASIS International 58th Annual Seminar and Exhibits, will bring together security professionals from all disciplines, making it the largest security event of its kind in the world. More than 20,000 information and physical security practitioners are expected to attend the joint event. (ISC)²’s primary objective with this event is to provide top-notch information security education to all levels of professionals, as well as offer sessions to all attendees addressing the intersection of physical and logical security. “We are delighted to once again align with ASIS to host this superior event that brings together leading security professionals from all disciplines,” said W. Hord Tipton, CISSP-ISSEP, CAP, executive director of (ISC)². “The integration of physical and logical security has become crit... [more]

The retail industry loses $119 billion worldwide to shoplifting, employee theft and administrative errors
posted on 20/10/2011

According to the Global Retail Theft Barometer, the global shrink rate is 6.6% higher than the previous year, and represents the highest percentage recorded by the survey since it began in 2007. Shoplifting, employee or supplier fraud, organized retail crime and administrative errors cost the retail industry $119 billion in 2011 or 1.45% of sales. The study underwritten by an independent grant from Checkpoint Systems, Inc. monitored the cost of shrink (loss from shoplifting, employee theft and administrative errors) in the global retail industry between July 2010 and June 2011. It found that shrink increased in all regions surveyed. Customer theft, including shoplifting and organized retail crime, up 13.4%, was the primary cause in most countries costing retailers $51.5 billion or 43.2% of shrink. Dishonest employees were responsible for $41.65 billion or 35% of shrink. Unlike in Europe and Asia, employee theft in North America and Latin America surpassed shoplifting, and was respons... [more]

Retail loss from theft, fraud and error increases by over 6 percent in the UK
posted on 19/10/2011

The Global Retail Theft Barometer (GRTB) is an annual survey conducted by the Centre for Retail Research in Nottingham, UK underwritten through an independent grant from Checkpoint Systems. This study is the largest and most comprehensive survey of retail theft and crime in the world. The study covers key trends in retail shrinkage and crime in 43 countries and regions across the world Shoplifting, fraud, organised retail crime and administrative errors have cost the British high street an estimated £4.9 billion in the last year, one of the highest figures ever recorded for the UK by The Global Retail Theft Barometer. The study shows that the total amount lost by British retailers from theft, fraud and error – evaluated as a percentage of sales – has increased by 6.2% in the last 12 months. Whilst customer theft is estimated at 43.8% of total loss, theft by UK employees was also a major factor. In addition, internal error and loss from suppliers and vendors accounted for 16.2% and 3.... [more]

Global physical security market to continue to grow by nearly 4 percent
posted on 10/10/2011

Memoori Research's new report on the global physical security market - “The Physical Security Business in 2011” - contains critical intelligence for all those managing, operating and investing in physical security companies around the world. The total value of physical security world production at factory gate prices is $19.17 billion. Of this video surveillance products at $9.1bn take a share of 47%. The developed markets of North America and Europe are losing market share to Asia and particularly China, which will be the largest single market by the end of this decade. The anticipated aftershocks from the 2008 financial meltdown and current sovereign debt crisis will dampen future growth, but the industry is resilient and demand will edge forward at a rate of 3.7% (CAGR) over the next 5 year period. This growth will need to come from the enormous latent demand for security equipment waiting to be exploited in the emerging markets of the world. In a troubled economic climate the ... [more]

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