May 7, 2019 – OIN seeks to secure the inclusion of open source in technology without fear of litigation from patent trolls
Due to the convergence of an escalation in the number of security vulnerabilities, an increase in hacker capabilities and tools and new legislation being enacted in the European Union, businesses are increasing their investments in cybersecurity significantly. According to Global Market Insights, between 2019 and 2024, the market for cybersecurity products and services is expected to grow from $120 billion to more than $300 billion annually. Gartner estimates that by 2020, more than 60% of organizations will have invested in multiple data security tools such as data loss prevention, encryption and data-centric audit and protections tools, up from approximately 35% today.