SHARE
Facebook X Pinterest WhatsApp

Cyber-Security Spending to Hit $60 Billion in 2011

eWeek: A new report from PwC says that global spending on cyber-security will hit $60 billion this year, and it will grow 10 percent per year for the next three to five years. Investment deals in the cyber-security industry have topped $22 billion since 2008. “Against the backdrop of heightened awareness of hacks and deliberate […]

Dec 2, 2011
Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

eWeek: A new report from PwC says that global spending on cyber-security will hit $60 billion this year, and it will grow 10 percent per year for the next three to five years. Investment deals in the cyber-security industry have topped $22 billion since 2008.

“Against the backdrop of heightened awareness of hacks and deliberate attacks on institutions by semi-organized groups, the cyber-security market is undergoing significant change and attracting investment from sectors that span technology, telecommunications, defense, professional services and financial investors,” said PwC’s Rob Fisher.

  SEE ALL
ARTICLES
 

Recommended for you...

What Is Sentiment Analysis? Essential Guide
11 Top Data Collection Trends Emerging In 2024
Kaye Timonera
Feb 8, 2024
6 Top Data Classification Trends
Avya Chaudhary
Oct 13, 2023
7 Data Management Trends: The Future of Data Management
Mary Shacklett
Aug 2, 2023
Datamation Logo

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.