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Cybersecurity's Broken Model: The Cost of Overcomplication and Underperformance
Cybersecurity is in need of a reckoning. Global cybersecurity spend reached a record $79.2 billion in 2023 and is expected to grow by almost 10% this year – a reflection of the evolving, and increasingly nefarious threats in our hyper-digital world. On paper, that’s a good thing. More investment should mean better protection, right? Yes, it should. But, despite the rise in spending, in the first half of 2024 alone there was still a 14% increase in…
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