Spending on Cybersecurity Predicted to Hit the Trillion Mark by 2021
One trillion dollars. According to the Cybersecurity Market Report released by Cybersecurity Ventures, that trillion dollar figure represents the amount of money that corporations, government agencies and small businesses will spend on cybersecurity protection from 2017-2021. This represents a tremendous investment of corporate resources spent on protecting a business, rather than building it.
In fact, according to the report, data is being mined as if it were the “world’s newest natural resource.” To read the full quarterly report, click here.