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| https://imgur.com/a/o2g8xYK | 04/17/25 |
| https://imgur.com/a/o2g8xYK | 04/17/25 |
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Date: April 17th, 2025 9:23 PM Author: https://imgur.com/a/o2g8xYK Rising Cyber Threats Fuel 12.2% Growth in Global Cybersecurity Spending
Cyber threats and the rapid adoption of digital technologies are driving a surge in global cybersecurity spending.
Published: Apr 14, 2025
Researchers predict that global cybersecurity spending will grow by 12.2% by 2025, driven by the escalating frequency and sophistication of cyber threats. According to new IDC research, this upward trend will continue, with investments expected to reach $377 billion by 2028 as organizations double down on digital defense strategies.
In the Worldwide Security Spending Guide, IDC notes that the United States and Europe will account for 70% of global cybersecurity spending in 2025. However, investments are growing across all regions, with Latin America, Central and Eastern Europe, and the Middle East and Africa expected to experience the fastest growth this year.
Additionally, the research study shows that the rise in state-sponsored attacks and the misuse of generative AI are key factors driving the need for enhanced cybersecurity. Moreover, as businesses quickly adopt new digital technologies, the demand for robust security measures continues to increase.
“MEA is witnessing substantial investments from both government and enterprises to fight rising cyber threats, with strong awareness for the importance of cybersecurity education and training programs to fortify organizations against possible attacks,” explained Eman Elshewy, senior research manager with IDC Data and Analytics. Key sectors driving cybersecurity investment growth in 2025
IDC reports that the banking, government, telecommunications, capital markets, and healthcare sectors will be the top spenders in 2025. Meanwhile, the fastest-growing sectors include capital markets, media and entertainment, and life sciences, with projected year-on-year growth rates of 19.4%, 17.1%, and 16.9%, respectively.
“Although national and international regulations still play an important role in guiding organizations’ security strategies — especially in regulated industries — more of them are realizing that having a proactive approach to security is crucial, not only as a short-term operational protection measure but also as a competitive advantage in the long term,” said Stefano Perini, research manager with IDC Data and Analytics.
Spending on security software, especially cloud-native application protection platforms (CNAPP), will hit a 14.4% year-on-year growth rate. Moreover, investments in security services and hardware are also expected to grow, which will be driven by managed security services and identity/access management tools.
Overall, proactive cybersecurity measures are important not only for protecting business operations but also for gaining a competitive advantage. While large corporations are leading in cybersecurity investments, small and medium-sized enterprises (SMEs) are increasingly dedicating more resources to improving their security posture.
https://petri.com/businesses-increase-cybersecurity-spending-12-2/ |
Date: April 17th, 2025 9:23 PM Author: https://imgur.com/a/o2g8xYK The Trump administration seems to be prioritizing an offensive approach to cybersecurity. National Security Adviser Mike Waltz has suggested imposing higher costs and harsher consequences on nations that carry out cyberattacks. Sean Plankey, the new head of the Cybersecurity and Infrastructure Security Agency (CISA), said he expects “more pointed measures at our adversaries.”
President Trump has also been reshaping digital security institutions within the federal government. Shortly after taking office, he dissolved the Cyber Safety Review Board, a Biden-created commission that had been investigating the Salt Typhoon hacks. He also oversaw more than 100 layoffs at CISA, including some employees who were tracking the efforts of Salt Typhoon and Volt Typhoon, according to media reports. (Some employees have reportedly been rehired and put on probationary leave.) However, Reuters has reported that in early March, the White House sent a memo directing federal agencies not to fire their cybersecurity teams.
Last week, President Donald Trump fired Air Force Gen. Timothy Haugh, who headed the National Security Agency and the Pentagon’s Cyber Command. No official reason has given. Laura Loomer, an activist on the right, thanked the president for getting rid of “Biden holdovers” in some prominent security positions.
https://www.csmonitor.com/USA/Politics/2025/0407/trump-cybersecurity-congress-china |