High-profile data leaks are becoming more common and cybercrime is forecast to inflict damages in the trillions of dollars by 2021. Investments in cybersecurity are anticipated to reach $250 billion by 2023 with spending already rising higher for 2019 than in any other industry sector. The growing demand for confidentiality caused by data leaks, as well as the needs of companies and organisations to comply with the European General Data Protection Rules (GDPR), are attracting entrepreneurs and investors to next-generation solutions, including blockchain, AI-based data management solutions, and advanced cryptography. The cybersecurity market is booming and the number of IPOs in the cybersecurity industry is growing. The Daily HODL reports on the trends to look at including blockchain, cybersecurity as a service and employee training – read that in full here.
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2 Apr 2020 02:00
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