IDC have predicted that the spend levels on cyber security software is set to exceed $100 billion by 2020.
For many organisations this isn't a surprise with the on-going fight against cyber crime. For us individuals though, can we benefit from this predicted rise in spend?
Forbes have highlighted four key stocks which could be leveraged as part of this on-going rise in spend. For all those investors out there, this could be of interest.
International Data Corporation projects that by 2020 organizations are expected to spend $101.6 billion on cyber security software, services, and hardware to combat these potential threats. Fortune Magazine projects that this would be a 38% increase from the $73.7 billion that was spent on the same services in 2016.