The latest forecast from Gartner Inc. says worldwide information security spending will grow 7 percent to reach $86.4 billion (USD) in 2017. Information security is a subset of the broader cybersecurity market, which is predicted to exceed $1 trillion in cumulative spending over the next five years, from 2017 to 2021, according to Cybersecurity Ventures. Security services will continue to be the fastest-growing segment, especially IT outsourcing, consulting and implementation services. The world will suffer $6 trillion in cyber crime damages annually by 2021, up from $3 trillion in 2015.”]