Current State of the Cybersecurity Industry
Our nation’s robust cybersecurity industry will grow from $75 billion in 2015 to $170 billion by 20201. Additionally, the United States White House Administration’s 2019 budget has allocated approximately $15 billion in spending to fund critical initiatives and research in the cybersecurity space, up from $14.4 billion in 2018 and $13.1 billion in 20172. In 2018, cyber-attacks have continued to increase with the advent of more complex and fast technology. For example, crypto-mining and 5G will continue to grow and become more sophisticated than in previous years3.
The . . .