Cybersecurity, market at the threshold of 2 billion
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In Italy the attention for the is growing cybersecuritywhich is confirmed in 2023 the main investment priority in digital among companies, both large and SMEs. As many as 61% of organizations over 250 employees decided to increase their cybersecurity budget in the last 12 months. And overall in 2022 the Italian cybersecurity market reaches the value of 1.86 billion euros, with an exceptional acceleration of +18% compared to 2021.

The ratio of spending on cybersecurity to GDP in Italy stands at 0.10%, slightly up on the 0.08% of the previous year. However, this is a result that places our country in last place among those of the G7. The ranking is led by the US and the UK, with a ratio of 0.31%. For France and Germany the ratio is 0.19% and 0.18%, respectively.

According to the study, on the other hand, Cyber ââattacks are on the risewith 1,141 serious accidents reported since It closed in the first half of 2022 alone, +8.4% compared to the same period of 2021, and threats increasingly also affect critical infrastructures. In this context, 67% of enterprises report an increase in attack attempts and 14% have suffered tangible consequences following cyber incidentssuch as service disruptions, process delays or reputational damage. 2% of companies experience impacts, positive or negative, directly attributable to the geopolitical context, ranging from a greater interest in security by Top Management to a need to reorganize activities of cyber risk management.
Link: https://www.breakinglatest.news/news/cybersecurity-market-at-the-threshold-of-2-billion/