Cybersecurity in 2020: Top Ten Predictions and Recommendations
To combat the ever-growing global cyber-attacks in both the public and private sectors, the cybersecurity marketplace has expanded to $100 billion in annual purchases of software, hardware, and related cybersecurity professional services with a 12% Compounded Annual Growth Rate (CAGR), as reported by the Gartner Group.
Despite the growing investments in cybersecurity, the public and private sectors are not keeping up with an estimated $4.2 trillion in annual global fraud, theft, and data breach damages caused by cyber- attackers, which is predicted to exceed $6 trillion in cyber- attack related damages by 2021.
The BDO team has outlined their top ten predictions and recommendations for cyber security in 2020 so you can reduce the probability of a cyber security incident.
Download recommendations here.