The Need For a Breakthrough in Cybersecurity
The cybersecurity industry is growing fast. According to Strategic Cyber Ventures (via
), venture capitalists (VCs) poured an unprecedented $5.3 billion of funding into cybersecurity companies in 2018. Yet during the same time period, the number of security breaches increased exponentially, and the amount of exposed data resulted in a crisis of global scale. According to the U.S. Identity Theft Resource Center, the number of breaches grew from 783 in 2014, an already frightening number, to a peak of 1,632 in 2017.
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