Worldwide spending on cybersecurity is predicted to top $1tr for the five-year period from 2017 to 2021, according to the Cybersecurity Market Report, published by Cybersecurity Ventures.
Cyber-security involves many different technical and informational solutions that must be adopted and implemented to position an organization for the greatest chance of resiliency in a complex threat landscape.
It’s not a surprise that cyber crime is costly for organizations. The cost of any lost productivity, combined with the fallout of any compromised data, the impact to the organization's reputation, and the cost to clean up and recover from an attack all add up. Not to mention the cost of the time lost.