Growing Cybersecurity Needs and Spending
As digitalisation accelerates worldwide, the threat posed by cyberattacks is also growing. This is leading companies and public bodies to increase cybersecurity investment. The illustrated trend rises from USD 120 billion in 2020 to USD 280 billion in 2024.
Ransomware, data breaches, regulatory obligations and privacy requirements have moved cybersecurity beyond an IT issue and made it an integral part of corporate strategy.
