Cybercrime: $400 Billion in 2015 to over $6 Trillion in 2021

…according to Herjavec’s Cybercrime Revelation Report.  With Black-Hat hackers getting faster, more experienced and highly motivated by money, espionage and notoriety.

Another $1 Trillion spend for cybersecurity products and service over the same time frame – yet consistent/increased in cybersecurity workforce shortage.  Interestingly, nearly 50% of cyberattacks are committed on small business but the battle is in cyberspace where all things connected being affected.  Apparently, 90% of corporate executive reported they are NOT ready for a major cyber-attack.  Records are being broken yearly with increased/doubled malware, identity theft, victim counts, zero-day; and the 5 most cyber-attacked industries: Healthcare, Manufacturing, Financial Services, Government and followed by Transportation.  Oh, there Ransomware which grew 300% in 2016…

While it’s a foregone conclusion that no one can stop hackers completely, digital growth (size, complexity, convenience/convergence, etc.) will ensure it’s a catch up or reactive game. Stats show 12 people fall victim every second which is 1 million victims in the world daily. Moreover, Herjavec relates it to football terms, bad guys running no-huddle, hurry up offense while good guys require a huddle before any actions takes place…in situations where speed is of the essence.  Of course, you don’t always see the other/bad guys and they don’t stand in front of you to attack but instead remotely and with no set playbook (or rules).

Breaches can sound like a broken record and unfortunately, so one of the biggest solution to help combat which is, security awareness – employee training for the weakest link 

https://www.herjavecgroup.com/

But there is a list of 500 top/hot cybersecurity companies to watch 

http://cybersecurityventures.com/cybersecurity-500/