Since 2020, the Covid-19 pandemic has re-shaped the way in which we all live and work. In February 2022 another context came forth to drive change, especially in the (cyber)security market – the Russia-Ukraine conflict.
This war, like the pandemic, is clearly driving the growth of the cybersecurity market, which is already expected to reach USD 376.32 billion by 2029 from USD 155.83 billion in 2022, with a CAGR of 13.4 percent throughout this period. I actually expect a further 12-15 percent increase in that number, so the market will be closer to 15-16 percent CAGR.
Under these circumstances, I want you to think about an important question: are politicians taking cybersecurity seriously? Let’s have a closer look at the role of cybersecurity in world politics.
Are Politicians Taking Cybersecurity Seriously?
The overall investment in cybersecurity is increasing. Additional security procedures at the state, municipal, and private levels are appropriately promoted by governments in the EU and the US. Because of the present security scenario, organizations are beginning to invest more resources and reassess their cybersecurity strategy, even if IT security was not a priority when funds for 2022 were allocated.
Is Biden ready for cyberwar?
The cybersecurity strategies that