Surging cyber-attacks, cloud penetration, increased network connectivity, and the growing complexity of disruptive cyber-attacks, are all drivers supporting a growing cybersecurity need.
Industry Trends
- Automation (inevitable) will be more widely adopted as skills shortage is exacerbated; emphasis on the efficacy of big data analytics
- The cybersecurity industry is far from maturity, many new companies with new approaches and technologies are constantly emerging, leading to highly fragmented sectors
- Consolidation will accelerate across highly fragmented & competitive sectors including endpoint & authentication
- Enterprises are transforming their security strategy, moving away from prevention-only approaches to focus more on detection and response (coupled to the leveraged use of AI)
Why now?
A combination of conditions have created the perfect cyber storm and opportunity for investing:
- Increasing geopolitical tensions & complete lack of governance & law enforcement models
- The speed of innovation driving vulnerabilities everywhere (mobile, social, cloud, satellite, IoT, industrial, physical, & consumer)
- Expansive vulnerabilities enable exponential growth in attacker groups & types
- Levels of danger expand from hacktivism to crime to espionage to terrorism to warfare
- Threats are growing in risk as new threats emerge to target information everywhere