The cyber security market has grown from US $3.5 billion in 2004 to an estimated US $120 billion in 2017 with analysts stating that the cyber security market is one of the fastest growing sectors in technology. These figures testify to the significant investments being made to attempt to counter the rise in global cyber crime. Quite clearly, the cyber security market is booming.
Here is an infographic of the cyber security market in 2017 (all figures in USD).
Looking at this infographic and significant figures, the cyber security market definitely is a sector with many opportunities, especially when it aims at protecting financial services organisations. In this spirit, companies should focus on efficient and simple digital security systems to implement, as more security solutions doesn’t really mean better security. Data-centric security presents itself as an effective solution with many additional benefits for businesses.
Digital Security Perfected – APrivacy Ltd. is an award-winning company which combines military-grade data security with a seamless user experience on any platform, any device, anywhere. APrivacy Ltd.’s enabling technology now allows the financial services industry to confidently communicate with clients using their favourite channels leading to increased revenues and reduced costs while meeting the strictest regulatory requirements.
