Cybersecurity

Accelerator > Network Applications

Increased cybersecurity incidents are driving greater consumer, business and government awareness, security measures and regulations

Increased cybersecurity incidents are driving greater consumer, business and government awareness, security measures and regulations

Definition

  • Protection and verification of digital systems designed to mitigate threats from online attacks, including theft, destruction and espionage of information and transactions

Outlook

  • Widespread adoption of cybersecurity solutions by businesses and consumers
  • Increased number and severity of cyberattacks on businesses, governments and consumers
  • Greater business and consumer demand for enhanced protection as activities, transactions and information continue to migrate to cloud
  • Intensified government attention on addressing, preventing and prosecuting cybercrime activities
  • More investments in cybersecurity-focused products and growth companies

Implications

  • Increasing company spending and investment on data protection systems
  • Growing awareness as companies teach employees to spot phishing attacks, avoid unknown flash drives, properly manage passwords, and avoid dangerous links
  • Amplifying liabilities relating to company reputation, intellectual property, consumer privacy, and other confidential information
Do you have a comprehensive plan to protect critical internal and customer information, including fostering an organizational culture that is aware and protects against cyber crimes?
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