CDSA

The Standard Cybersecurity Model is Fundamentally Broken (Forbes)

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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.