Despite dozens of very high-profile outbreaks, organizations across the globe have continued to fall victim to ransomware.

According to Gartner, spending on cloud security is predicted to be the fastest riser of all cybersecurity markets, with an expected increase of 33%, driving the market to an expected $585 million this year.

Studies have found the average cost for every endpoint breach in 2019 was in excess of $9 million, a marked increase of more than $2 million since 2018.