Global spending on cybersecurity products and services is predicted to exceed $1 trillion during the period of five years, between 2017 to 2021, with different analysts predicting the Compound Annual Growth Rate (CAGR) at anywhere between 8 to 15%.
It is not surprising to see this growth in spending, which is primarily driven by the evolving sophistication and volume of attacks as well as the surmounting costs of a successful data breach.
And yet, data breaches continue. Read more.
It is not surprising to see this growth in spending, which is primarily driven by the evolving sophistication and volume of attacks as well as the surmounting costs of a successful data breach.
And yet, data breaches continue. Read more.