Spending on cybersecurity is on an explosive rise. When new ransomware attacks occur every 14 seconds followed by infiltration attempts on large volumes of data putting millions of people at risk, cybersecurity ought to be discussed. As we usher into 2020, the scope of discussion has gone beyond the upcoming security products & services to new innovations in hacking. If you haven’t woken up to combat such attacks, you could be the next target.
Before 2019 ends, the US alone would have had spent USD 45 billion and that’s not just any other market cap figure. As per IDC, global spending on cybersecurity will touch USD 103 billion.