According to a report from Markets and Markets, the cyber security market is estimated to grow to $155.74 billion by 2019 at a CAGR of 10.3 percent from 2014 to 2019. Even with all that growth, a new survey just released by Promisec survey reveals there is still great concern from the majority of VP and C-Level IT leaders regarding the threat landscape in the digital space.
That may be because Promisec found the endpoint security solutions that are in place lacking, with inadequate protection or detection capabilities in today’s security environment. Unlike the days of old, when hackers carried out their activities for sport, today there are many new players who have more nefarious reasons to break into your network. This includes highly knowledgeable and funded criminal organizations, government-sponsored cyber espionage, hacktivists and unidentified actors.