What Are the Major Trends in Cybersecurity Investments?

After the FBI reported a 400% rise in cybercrime in 2020 and the year ended with a significant government data leak, cybersecurity has become a major concern for the majority of people. While the majority of organisations made cybersecurity a top operational priority this year, effective cybersecurity technology and solutions will also be essential in the long run.

Maintaining cybersecurity has changed from being an often overlooked operational necessity to a crucial business goal for decision-makers in every industry, with 96% of CEOs changing their cybersecurity strategy during the year.

Despite an unsteady global economy, nearly 55% of business leaders anticipate raising their cybersecurity investment in 2021. Between now and 2023, the global cybersecurity industry is anticipated to grow by a factor of two.

Listed below are five areas of cybersecurity that both businesses and investors will continue to monitor.

Passwordless solutions

More than 65% of users reuse their passwords across many accounts. The most apparent business benefit of adopting passwordless is better security, with over 80% of cyberattacks involving lost or stolen credentials. Nevertheless, by eliminating the need to update passwords, being password-less also lessens the workload on IT workers. Solutions like passwordless multi-factor authentication (MFA) and single sign-on (SSO), which enhance company security posture while reducing IT processes, are anticipated to gain popularity among investors and businesses.

Cybersecurity in Healthcare

More than 65% of users reuse their passwords across many accounts. The most apparent business benefit of adopting passwordless is better security, with over 80% of cyberattacks involving lost or stolen credentials. Nevertheless, by eliminating the need to update passwords, being password-less also lessens the workload on IT workers. Solutions like passwordless multi-factor authentication (MFA) and single sign-on (SSO), which enhance company security posture while reducing IT processes, are anticipated to gain popularity among investors and businesses.

Healthcare providers will search for security solutions that strengthen authentication and safeguard network security in order to improve their security posture. As a result, businesses seeking financing to build solutions that better safeguard digital healthcare providers will find an open door.

Zero trust technology

As a result, business use of zero-trust network technology—which views every network user as a possible threat—is likely to increase. Zero-trust has the additional advantage of enhancing business security posture without affecting network performance. Investor interest in businesses that provide zero-trust solutions is likely to stay high given recent findings that the majority of enterprises have accelerated their adoption of the concept.

In the previous 12 months, at least one insider assault occurred in almost 60% of the firms. The fact that malware spreads quickly during breaches like the most recent FireEye incident emphasizes one important lesson from this finding: businesses need to go beyond perimeter-based protection.

5G security becoming important.

Around 80% of professionals anticipate utilizing 5G technology in the upcoming year. The same report also noted that running compliance monitoring, policy configuration, and threat detection simultaneously in 5G network settings will present considerable challenges. However, 5G will provide thieves additional access points for attack, while longer user sessions and an increase in connected devices would overwhelm organizations with data that has to be secured.

Enterprises will have to implement security solutions that offer unified authentication across recently deployed networks in response. For connected firms, cybersecurity tools like passwordless authentication that get businesses ready for the forthcoming 5G technological wave will be crucial.

Investor money has historically followed businesses in the cybersecurity sector that offer successful answers to challenging issues. Regrettably, there is no shortage of problems for cybersecurity organizations to overcome as the world becomes increasingly digital. The fastest-growing investment trends will be found in fields where improved security and operational improvement are not incompatible goals. Zindagi Technologies is the leading cybersecurity professional services company and are the best in what we do. Drop us a message at  9773973971 or you can also email us

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In summary, as the importance of security continues to grow in today's digital landscape, organizations should adopt DevSecOps to ensure that security is incorporated into their software development process.