A report from Absolute Market Insights forecasts a 13.5% combined annual growth rate for the cybersecurity sector from 2019 to 2027. A different report expects the market worth to surpass $300 billion by 2024. Here are five things likely contributing to the cyberthreat management industry growth. The average cost of cyberattacks surpasses $1 million, according to Radware. Mobile malware attacks on smartphones and other mobile devices are on the rise in 2018, Kaspersky showed. Both positive increased cybersecurity budgets and more negative made cybersecurity changes make the industry grow.”]
Source: https://securityaffairs.co/wordpress/85255/security/cyberthreat-management-industry.html