What is Cyber Security?
Only a few things in life are certain: death, taxes and technological advancement. However technological advancement and digitisation introduce significant threats of cybercrime, cyber-attacks and cyberterrorism. Unfortunate, right? Luckily, all hope is not lost.
Many companies develop technology and systems that defend computers from unlicensed attacks or access. After all, no-one likes people going through their things without permission. These systems and technologies are collectively known as cyber security.
In a bit more detail, cyber security is generally thought of as one or more of the following:
- Network security
- Application security
- Information security
- Operational security
- Disaster recovery and business continuity
- End-user education
Think of it this way: cyber security systems and technologies are the ninja that valiantly protect your data from cyber assassins.
Why invest in the Cyber Security industry?
Understandably, as cyber threats have gained importance, security solutions are progressing at faster rates in an ongoing battle for consumer privacy. Owing to these factors, the cyber security market is expected to grow at an annual rate of 11.9% to reach a $259bn industry by 2025.
This growth is currently driven by growing demand for cloud-based cyber security solutions, increased adoption of the internet of things, and a general trend requiring more stringent online authentication methods.
With no sign of digitisation slowing down, and the rolling momentum of cloud-based services, it is safe to say that cyber security stands to become increasingly important as technology inevitably continues to develop.
Only a few things in life are certain: death, taxes and technological advancement. However technological advancement and digitisation introduce significant threats of cybercrime, cyber-attacks and cyberterrorism. Unfortunate, right? Luckily, all hope is not lost.
Many companies develop technology and systems that defend computers from unlicensed attacks or access. After all, no-one likes people going through their things without permission. These systems and technologies are collectively known as cyber security.
In a bit more detail, cyber security is generally thought of as one or more of the following:
- Network security
- Application security
- Information security
- Operational security
- Disaster recovery and business continuity
- End-user education
Think of it this way: cyber security systems and technologies are the ninja that valiantly protect your data from cyber assassins.
Why invest in the Cyber Security industry?
Understandably, as cyber threats have gained importance, security solutions are progressing at faster rates in an ongoing battle for consumer privacy. Owing to these factors, the cyber security market is expected to grow at an annual rate of 11.9% to reach a $259bn industry by 2025.
This growth is currently driven by growing demand for cloud-based cyber security solutions, increased adoption of the internet of things, and a general trend requiring more stringent online authentication methods.
With no sign of digitisation slowing down, and the rolling momentum of cloud-based services, it is safe to say that cyber security stands to become increasingly important as technology inevitably continues to develop.
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