1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Cloud security sector leads cybersecurity mergers and acquistion report

Discussion in 'CSO' started by RSS, Aug 4, 2015.

  1. RSS

    RSS New Member Member

    The cyber sector is white hot. According to IDC, the hot areas for growth are security analytics/SIEM, threat intelligence, mobile security, and cloud security. Corporations are investing heavily in these areas to combat cybercrime.

    The British insurance company Lloyd’s estimates that cyber attacks cost businesses as much as $400 billion a year, which includes direct damage plus post-attack disruption to the normal course of business. Some vendor and media forecasts put the cybercrime figure as high as $500 billion and more.

    How high are the real cybercrime numbers? One might shudder at the calculations. But clearly this explains the hot growth areas which are directly aligned to the cyber threats that cause the most damage... and the M&A activity as larger companies enter burgeoning cyber niches by swallowing up smaller and emerging players.

    To read this article in full or to leave a comment, please click here

    Continue reading...

Share This Page