What is the future of Cyber Security?

Cyber Security
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With the advent of technology and the fast-pacing, dynamic environment that we all operate in, the future of Cyber Security seems to be promising due to the following reasons:
• Cyber security spending is unlikely to slow down due to the safety and security we seek today as all happenings of a business are recorded in some of the other software.
• There has been a rise in cyber attacks over the years (e.g., ransomware), fuelling the cyber insurance market.
• There has been a lasting talent gap in this segment which has been recognized with a desire to utilize the existing talent available in the market and foster its growth for the future.
• With the increasing and changing shape of financial fraud, the importance of cyber security has been bolstered to prevent long-term damages for any organization.
• Organizations today, want to be responsive to potential threats. This is possible by incident preparedness with the help of employee training which is ongoing.

2022-02-10T18:30:00Z