Global spending on cybersecurity products and services, including information security will exceed $1 trillion cumulatively from 2017 to 2021, according to a report from Cybersecurity Ventures. U.S. companies in particular will need to up their spend or risk heavy fines for non-GDPR compliance. Cybercrime damages are expected to cost the world $6 trillion by 2021, up from $3 trillion in 2015. The cost of compliance is driving 50 percent of the cybersecurity market, says Robert Herjavec.”]
Source: https://www.csoonline.com/article/3242811/cybersecurity-market-slowdown-not-anytime-soon.html