Cyber Security Market
In order to protect themselves from the risks associated with security breaches, businesses are actively investing in regulatory compliance procedures. As a result, it was predicted that the global market for cyber security will surpass $100 billion in 2018. The market is predicted to grow incredibly well throughout the course of the projected year, with a double-digit CAGR (2019-2029).
Recommendations for increasing organisational information security management and data protection are found in regulations like PCI DSS, HIPAA, and ISO 27001. Businesses can achieve and set particular IT security goals by proving compliance with cyber security practises like vulnerability management to lower the risk of network attacks. Any significant cyber security standard must be modified to be compatible with new technologies.
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Key Takeaways
Providers of cyber security solutions are eyeing expansion opportunity in Asia Pacific excluding Japan (APEJ) owing to increasing IT infrastructure and rising demand for smart devices.
Increasing adoption of…
