The cyber security market continues to grow, both in demand for effective defenses as well as investments in developing those defensive solutions. As the global economy pushes hard and fast towards a digital future, cyber attacks have emerged as the Existential Risk. The consequences of "getting in wrong" in cyber security are simply unacceptable and unaffordable and the market for cyber innovation is responding. The latest data from cyber research specialists Momentum Cyber show a "hot" market getting "hotter" with no sign of cooling on the horizon.
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The Cyber Market is "Hot" and getting "Hotter"
“As an investor in the cyber market for over 15 years, I can say that this market climate is unlike anything we’ve seen to date,” said Bob Ackerman, founder and managing director of AllegisCyber Capital.