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Four Reasons the Cybersecurity Field Is Rapidly Growing
Cybercrime Is Expensive. One reason the cybersecurity field is growing is that most businesses simply can’t afford a data breach. According to IBM, data breaches cost businesses an average of $3.62 million—a number that can put many companies out of business. The number of data breaches and the cost of cybercrime worldwide have also rapidly …(1)
Is the Field of Cybersecurity a Growing Industry?
Why the Cybersecurity Industry is Growing. One would think that since we have the awareness of cyber threats and cyberattacks and have many qualified professionals dealing with the problem, industries would be safe, but this is not the case because the cybersecurity industry continues to grow. Here are some reasons to explain the growth.(2)
Why Cybersecurity is a Growing Profession | Villanova University
Aug 10, 2021Job Outlook. Training and awareness are important for educating the public, but cybersecurity professionals are vital in today’s business world. They help develop new ways to combat cyber threats, and are the main line of defense against spamming, phishing, malware, viruses and other cybersecurity threats. As cyber attacks have increased, so …(3)
Cyber Security Market Overview by Size, Growth & Trends, 2029
Listen to Audio Version. The global cyber security market was valued at USD 139.77 billion in 2021. The market is projected to grow from USD 155.83 billion in 2022 to USD 376.32 billion by 2029, exhibiting a CAGR of 13.4% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with security solution …(4)
26 Cyber Security Statistics, Facts & Trends in 2022
Mar 22, 2022Cybersecurity Ventures estimates that cybercrimewill result in a total loss of $6 trillion worldwide by the end of 2021, growing by 15% per year until it reaches $10.5 trillion by 2025. 4(5)
Top Cybersecurity Statistics, Facts, and Figures for 2021
Cybersecurity is a growing concern for businesses of all sizes as cyber criminals’ increasingly sophisticated tactics continue to disrupt organizations. Gartner insight projected that businesses would spend more than $123 billion on security in 2020 and projects that figure to grow to $170.4 billion by 2022.. However, hackers still manage to compromise corporate data and systems with …(6)
3 growing trends in cybersecurity | Security Magazine
Jan 19, 2022While nobody knows with certainty what the future has in store, the three trends below have surfaced in the cybersecurity industry, based on the types of attacker behaviors SOC and threat research teams have seen and recent conversations with companies across industries. The next trends in cybersecurity include a big focus this year on API …(7)
Cybersecurity in 2022 – A Fresh Look at Some Very Alarming Stats
Jan 21, 20225 Key Ransomware Statistics: Ransomware cost the world $20 billion in 2021. That number is expected to rise to $265 billion by 2031. In 2021, 37 percent of all businesses and organizations were …(8)
Top 6 Reasons Cybersecurity Is Important – University of Tulsa
Dec 1, 2021The International Information System Security Certification Consortium – known as (ISC)² – predicts the cybersecurity workforce needs to grow by 145% to meet growing demand around the globe. The current talent shortfall amounts to approximately 4 million unfilled jobs, which doesn’t bode well for individuals, businesses and governments.(9)
The Future of Cybersecurity: What Will it Look Like in 2031?
Nov 2, 2021Data Breaches and the Threat Landscape. Much like AI, data breaches are expected to be more prevalent in 2031 than they are in 2021 — which is both unfortunate and scary. As more data and …(10)
7 Big Reasons for Cybersecurity Demand – StartaCyberCareer.com
We hear so much about cybersecurity and about cybersecurity attacks that seem to happen almost weekly. At no time in recent memory has any career field seemed to get so much attention and seemed to grow at such a fast pace. … Consider also that IoT, or the internet of things, is now a reality and growing. This means that many security cameras …(11)
What is Cybersecurity? | IBM
Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. Also known as information technology (IT) security, cybersecurity measures are designed to combat threats against networked systems and applications, whether those threats originate from inside or outside of an organization. In 2020, the average cost of a data breach was USD 3.86 …(12)
The future of cybersecurity and AI | Deloitte Insights
Dec 7, 2021As organizations struggle with security breaches, AI-enabled cybersecurity can help security teams anticipate cyber attackers’ moves and act in advance. … APIs are a growing security concern. Gartner predicts that by 2022, API abuses will become the enterprise’s most frequent attack vector. 10.(13)
What is Cyber Security and Why is it Important? – SNHU
Dec 3, 2021Cyber security consists of all the technologies and practices that keep computer systems and electronic data safe. And, in a world where more and more of our business and social lives are online, it’s an enormous and growing field with many types of job roles. According to the Cyber Security & Infrastructure Security Agency ( CISA ), “Cyber …(14)
5 Reasons for Cybersecurity Industry Growth – Florida Tech News
Here are some reasons behind cybersecurity industry growth. Understanding the methods hackers use to commit cybercrimes can help companies keep information secure. 1. Cybercrime continues to grow. A Cybersecurity Ventures report predicted that worldwide cybercrime would double from $3 trillion to $6 trillion between 2015 and 2021, and such …(15)
10 ways cyber security will evolve in the face of growing threats
The cyber threat landscape is constantly evolving, with different strains of malware attacking network systems every day. Organisations are losing the cyber war and, as a result, cyber security needs to evolve to combat the growing problem created by cyber attacks.(16)
Cyber Security Market Size & Share Report, 2030
The global cyber security market size was valued at USD 184.93 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. The increasing number of cyber-attacks with the emergence of e-commerce platforms, deployment of cloud solutions, and proliferation of smart devices are some of the factors driving the market growth(17)
Cybersecurity trends: Looking over the horizon | McKinsey
Mar 10, 2022Over the next three to five years, we expect three major cybersecurity trends that cross-cut multiple technologies to have the biggest implications for organizations. 1. On-demand access to ubiquitous data and information platforms is growing. Mobile platforms, remote work, and other shifts increasingly hinge on high-speed access to ubiquitous …(18)
The Five Biggest Cyber Security Trends In 2022 – Forbes
Dec 17, 2021The growing threat of ransomware. According to the UK National Cyber Security Centre, there were three times as many ransomware attacks in the first quarter of 2021 as there were in the whole of 2019.(19)
Cyber Security Market Trends, Size, Share (2022-27) | Industry Growth
Key Market Trends Growing M2M/IoT Connections Require Strengthened Cybersecurity in Enterprises · Significant reduction in device costs coupled with emerging business models have been instrumental in increasing the market penetration rates of IoT and, consequently, the number of connected devices, such as connected cars, machines, meters, wearables, and consumer electronics.(20)
Excerpt Links
(1). Four Reasons the Cybersecurity Field Is Rapidly Growing
(2). Is the Field of Cybersecurity a Growing Industry?
(3). Why Cybersecurity is a Growing Profession | Villanova University
(4). Cyber Security Market Overview by Size, Growth & Trends, 2029
(5). 26 Cyber Security Statistics, Facts & Trends in 2022
(6). Top Cybersecurity Statistics, Facts, and Figures for 2021
(7). 3 growing trends in cybersecurity | Security Magazine
(8). Cybersecurity in 2022 – A Fresh Look at Some Very Alarming Stats
(9). Top 6 Reasons Cybersecurity Is Important – University of Tulsa
(10). The Future of Cybersecurity: What Will it Look Like in 2031?
(11). 7 Big Reasons for Cybersecurity Demand – StartaCyberCareer.com
(12). What is Cybersecurity? | IBM
(13). The future of cybersecurity and AI | Deloitte Insights
(14). What is Cyber Security and Why is it Important? – SNHU
(15). 5 Reasons for Cybersecurity Industry Growth – Florida Tech News
(16). 10 ways cyber security will evolve in the face of growing threats
(17). Cyber Security Market Size & Share Report, 2030
(18). Cybersecurity trends: Looking over the horizon | McKinsey
(19). The Five Biggest Cyber Security Trends In 2022 – Forbes
(20). Cyber Security Market Trends, Size, Share (2022-27) | Industry Growth
