Globally we spending more on defending ourselves from digital attacks. Collective cybersecurity spending is projected to grow to $433.6 billion annually by 2030. In 2020, at the height of the global pandemic, business leaders identified the risk of cyber-attack as the third biggest risk their organizations were facing. This is driving major investment: cybersecurity start-ups receive nearly $9 billion a year.
But an increase in investment is not translating to a reduction in risk. Attacks are continuing to go up, and policymakers, industry leaders and the security community are starting to ask why.
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