The Standard Cybersecurity Model is Fundamentally Broken (Forbes)


Every year companies around the world invest hundreds of billions of dollars in cybersecurity products, services, and training—yet malware compromise and massive data breaches are still a regular occurrence. According to new data, cybersecurity spending for the five years leading up to 2021 is expected to exceed $1 trillion—with a “T”—but the annual global losses from cyber attacks is expected to hit $6 trillion by the same year. Clearly, there is something fundamentally wrong with the standard model of cybersecurity.