The digitalisation of the global economy will drive $6.8 tril of IT spending from 2020 to 23, said IDC. The firm predicted that 65% of global GDP will be digitalised by 2022. By Dec 2021, 80% of the firms will plan to shift to cloud-centric infra and apps 2X faster as before the pandemic. Digitalisation will enable quick responses to the business needs while creating a strong foundation enabling the business to scale faster and with greater operational flexibility, it said.
Cybersecurity firm Kaspersky, in a report, said that the Q2 of 2020 saw a 300% rise in DDoS attacks as compared to the same period last year. The figure is almost the same as it was in the Q1 of the year, Kaspersky noted. Security experts believe that just like ransomware attacks the rise in DDoS attacks was due to the COVID-19 pandemic. In a WFH environment, cybercriminals find it easier to target enterprise networks, which are usually more secure.