April 5, 2019 – According to Cybersecurity Ventures, between 2017 and 2021, more than $1 trillion will have been cumulatively spent on cybersecurity products and services. Gartner estimates that by 2020, more than 60 percent of organizations will have invested in multiple data security tools such as data loss prevention, encryption, and data-centric audit and protection tools, up from approximately 35 percent today. Additionally, it estimates that worldwide spending on information security products and services were more than $114 billion in 2018, an increase of 12.4 percent from the previous year.

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