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If 2019 has taught us anything about cybersecurity, it is that cyber-attacks are the reality of our times, hardware is still vulnerable and high-profile data leaks are becoming frighteningly more common.
The cybersecurity market is booming as recent data from MarketsandMarkets reveals that investments in cybersecurity can reach $250 billion by 2023 with spending already rising higher in 2019 than in any other industry sector.
The forces driving growth are increasingly strict measures and requirements on data protection imposed by the European Union and the growing threat of cyberterrorism. Cybercrime is forecasted to inflict damages of up to $6 trillion yearly by 2021, bellowing demand for security solutions both on the individual and corporate levels.
Growing threats mean growing demand
2019 has seen a number of IPOs in the cybersecurity industry as CrowdStrike, a California-based cybersecurity company, announced that was going public with an IPO, raised $700 million, and is valued at $6.8 billion.
The American Cloudflare web-infrastructure and website-security company, providing content-delivery-network…
