As cybersecurity attacks become more frequent and intense, firms around the world are increasing their focus and expenditure on preventive measures. New York City is uniquely positioned to lead the way in this evolving industry, as home to some of the largest customers of cybersecurity service and a massive talent pool.
In this edition:
- Global cybersecurity spending is expected to reach $170 billion by 2020
- 2017 VC funding for New York City–based cybersecurity firms was more than four times that of 2016
- There are over 100 cybersecurity firms located in New York City
