Cybersecurity

Global cybersecurity spending reached $215 billion in 2024 and is growing at 15% CAGR as AI-powered attacks, ransomware-as-a-service, and nation-state threats proliferate. The average cost of a data breach reached $4.88 million in 2024 according to IBM. AI-native security companies like CrowdStrike, Wiz, and Palo Alto Networks are displacing legacy security vendors at record pace, while quantum computing threats are driving investment in post-quantum cryptography.