Accelerator: Cybersecurity

Protection and verification systems of information and digital transactions to mitigate threats from online attacks such as theft, destruction and espionage

Cybersecurity

Accelerator > Network Applications

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?