Global Cybertech100 List Recognizes Tech Companies Providing Critical Cyber Defenses to Financial Institutions
Solution providers recognized for solving significant industry problems or generating cost savings or efficiency improvements
CyberTech is one of the fastest growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown 14 times since 2014 to reach $3.4 billion last year.
That surge in activity comes as financial services firms are increasingly moving toward digital operations and expanding their security budgets. According to a study by Gov.uk, finance and insurance firms increased their spending on cybersecurity by 23% year over year in 2019.