Whether in transit or at rest, data is the world’s most sought-after commodity. Organizations today are investing heavily in cybersecurity, which has escalated to an executive-level discussion as cybercriminals devise increasingly complex attacks in greater and greater numbers. Storing and sending data securely is a priority, but today’s technology deck seems stacked against success.
Cyber-attacks and data breaches in businesses almost doubled globally in 2017 compared to 2016, according to research firm Cybersecurity Ventures, and spending on cybersecurity is predicted to exceed $1 trillion from 2017 to 2021. This level of spending reveals that businesses are willing to pay a premium to protect their organizations from the damage to brand equity and the potential insolvency that a cyber-attack can cause.
