Cybersecurity
Analysts expect that:
· Cybers security market revenue will reach $146.3 billion in 2022
· The area will grow by 9.68% annually
· The US will be the center of market development with $42.52 billion profit per year
Recent trends show that cybersecurity and privacy markets have a lot of perspectives and start growing with great speed. But why?
In recent years, concerns about data privacy have increased. Global pandemic has completely changed the way we live and work. Now we have got used to saving lots of information online, but most of us really do not care about web safety. Some companies and data research centers such as IBM, Statista, Varonis, Proofpoint, Gartner examined data breaches and cyberattacks phenomenon and revealed lots of astonishing facts.
· There have been 11 763 recorded data breaches between 2005 and 2020.
· Only 5% of companies are sure that their data is completely secured.
· One data breach on average costs $3.86 million
· Cyberattacks have increased in 300% since April 2020
· Hackers usually target the healthcare and financial industries, as they contain the most valuable information.
· 86% of data breaches were made to make a profit
Obviously, the main reason for cybercrimes is insufficient security. The research shows that people have started to take more care about their data privacy in the last few years. We think that decentralization is definitely the best way to provide safety and get rid of cyberattacks. Decentralized security is reasonable both for private users and large companies.
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