Cyberattacks are an ever-present threat for companies both large and small. Hackers are increasing in number and sophistication. No organizations are immune, as the recent widespread breach of multiple U.S. government networks shows.
At the same time, businesses are increasingly asking their employees to work from home and shifting their operations to the cloud. Data and dollars are migrating to the internet, and the need for effective cybersecurity tools is becoming only more critical.
Spending on cybersecurity solutions, in turn, is set to soar to nearly $250 billion by 2023, according to Statista, as businesses and governments desperately seek to strengthen their cyberdefense systems.