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

Cybersecurity spending outlook: $1 trillion from 2017 to 2021

Discussion in 'CSO' started by RSS, Jun 15, 2016.

  1. RSS

    RSS New Member Member

    DISCLOSURE: Steve Morgan is founder and CEO at Cybersecurity Ventures, and Editor-In-Chief of the Cybersecurity Market Report.

    Worldwide spending on cybersecurity is predicted to top $1 trillion for the five-year period from 2017 to 2021, according to the Cybersecurity Market Report, published by Cybersecurity Ventures.

    "IT analyst forecasts are unable to keep pace with the dramatic rise in cybercrime, the ransomware epidemic, the refocusing of malware from PCs and laptops to smartphones and mobile devices, the deployment of billions of under-protected Internet of Things (IoT) devices, the legions of hackers-for-hire, and the more sophisticated cyber-attacks launching at businesses, governments, educational institutions, and consumers globally" according to the new report.

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

    Continue reading...
     

Share This Page