Cybersecurity Economy

FROM THE EDITORS AT CYBERSECURITY VENTURES

Cybersecurity Economic Predictions: 2017 to 2021

Cybersecurity Economy Infographic provides a pictorial view of predictions from several reports covering worldwide cybersecurity economic indicators.

PRESS RELEASE

MENLO PARK, CALIF., October 19, 2016 /EINPresswire.com/ — ​Cybersecurity Ventures has published its predictions for the global cybersecurity economy in a new infographic which features numbers covering cybercrime damage costs, security spending, and cyber defense jobs.

The infographic highlights the following cyber economy predictions for the 5-year period from 2017 to 2021:

The cybercrime costs prediction includes damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.

Cybercrime is driving heavy spending on cybersecurity products and services. Cybersecurity Ventures anticipates 12-15 percent year-over-year growth in cyber defense spending from 2017 to 2021.

“Anyone with cybersecurity experience can find immediate employment” says Steve Morgan, founder and Editor-In-Chief at Cybersecurity Ventures. “There may be a small percentage of the cyber workforce who are in between jobs, some who have resigned to pursue new opportunities, and others who are unrealistic about which positions they qualify for — but there’s a job available for everyone with cybersecurity experience. Some experts predict that, by 2019, the demand for cybersecurity professionals will increase to approximately 6 million globally.

​Media outlets and bloggers are encouraged to share the infographic with their readers.

Download a PDF version Cybersecurity Economy Infographic

​Cybersecurity Ventures is the world’s leading researcher and publisher of reports covering global cybercrime damage projections, cybersecurity spending forecasts, and cybersecurity employment figures.​

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© 2016 Cybersecurity Ventures. All rights reserved. Federal copyright law prohibits unauthorized reproduction of the Cybereconomy Infographic by any means and imposes fines up to $150,000 for violations. Reproduction in whole or in part in any form or medium without expressed written permission of Cybersecurity Ventures is prohibited.

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