As the number of cyber attacks rises, companies that conduct their business digitally will increase spending on digital security. Leading cybersecurity company McAfee said that cyber warfare and espionage will increase in the next few years due to a substantial growth in the number of connected objects used. According to research by Gartner, spending in cybersecurity will increase from $77 billion in 2015 to more than $100 billion in 2019. The cybersecurity space is thus considered one of the fastest growing segments in the technology space. Whether your business is small or large, cyber security is a vital factor in business longevity. Hackers today show no mercy and will attack an unprotected site, even those sites that are protected are still at risk. Updates to your anti-malware, and anti-virus software are a must. but having a cyber security plan is the best way to go. Think of it this way, you protect your physical business with alarms, security guards, locks and gates. Your digital business needs just as much protection, if not more from hackers and cyber criminals.
