Cyber threats are increasingly more sophisticated... healthcare sector lagging behind... dedicated cybersecurity venture capital fund
Cybersecurity investing is a rapidly expanding global market. In Q1 2017, Cybersecurity Ventures predicted that global spending on security awareness training for employees will reach $10 billion by 2027, proof that the industry is growing quickly and consistently in all directions. And that’s the most under spent sector of the industry. Furthermore, EY’s Global Information Security Survey 2016-17 establishes that a skilled cyber workforce is essential to keep pace with evolving threats. In the power and utilities (P&U) sector, 84 percent of security teams consider careless employees to be the most likely source of an attack and 58 percent rated awareness and training as a high security priority.