Cybersecurity

Cybersecurity has reached a mission-critical stage. Cyberattacks have increased fourfold in just the past two years. The cost of phishing attacks has almost quadrupled over the past six years, with large U.S. companies losing an average of $14.8 million annually. Proactively addressing potential vulnerabilities is imperative and will drive spending in the sector for years to come.

What we’re watching
• Rapidly emerging sub-markets
• Security awareness training (“SAT”)
• Internet of Things (“IoT”) device / edge security
• Continued relevance of hybrid
• Regulatory, compliance, and enforcement actions
• Product and market consolidation