- Gartner reports that the cybersecurity market is projected to grow to $175.5 billion by 2022.
- The average cost to deploy security automation is $2.88 million, according to the study. Without cybersecurity solutions, a company could risk up to $4.43 million in breach costs, according to the Ponemon/IBM 2018 Cost of a Data Breach Study.
- International Data Corporation (IDC) Worldwide Business Resilience Readiness Thought Leadership Survey says three out of ten organizations have no plans in place for a security disaster.
- IDC also says three quarters of companies surveyed believe their cloud data is insufficiently secured.