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Cybersecurity refers to the practice of protecting electronic information and networks against malicious and accidental attack. This is important for businesses that store or process large amounts of data. It helps to ensure confidentiality, integrity, and availability of information.

Cybersecurity can protect an organization from hackers, viruses, and ransomware attacks. It also protects against identity theft.

Cybersecurity is an area of concern for companies, governments, and individuals. The Department of Homeland Security is leading the charge on this issue. As more and more data is being stored and transmitted, cyber security professionals are becoming in demand.

In addition to protecting organizations from breaches, the cyber security industry can help power grids, water treatment facilities, and other critical infrastructures. Many governments have taken notice of the growing threat. They are addressing cybersecurity alongside democratic values.

While it’s hard to predict the future of the cyber security industry, it is predicted that global spending on security will increase at a 9.2% CAGR through 2022.

Global spending on cybersecurity is expected to reach $103.1 billion in 2019. Some experts predict that this number will rise to $133.8 billion by 2022.

There are many types of cybersecurity risks, including cloud-based and IoT-based risks. Cloud-based risks include vulnerabilities in cloud apps, misconfigurations, and incomplete data deletion. Increasingly, corporations are relying on cyber security professionals to maintain the safety of their systems.

IoT-based risks involve devices such as warehouse stock monitors, smart thermostats, and videoconferencing technology. These technologies offer a variety of advantages, including the ability to improve customer service.