Cybersecurity is a board-level issue now for many firms. The global cybersecurity market was valued at $156.24 billion in 2020, and the global cybersecurity market is expected to be worth $352.25 billion, with an annual growth rate of 14.5%, by 2026. Further, 55% of business executives plan to increase their budgets for Cybersecurity in 2021.
The internet is changing lives of people. It is easier to start an online business than an offline brick and mortar business. The startup is far less capital intensive, the barrier to entry far lower, and the return on investment can be insane for the time you put in.
Cybercrimes are now an everyday concern for businesses. Cybersecurity statistics indicate a significant rise in data breaches and hacking, most of which involve workplace devices. Cybercriminals will continue with their shadowy ways of coming up with novel and more sophisticated ways of attacking the vulnerabilities of digital systems, including typical business software applications.
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