A Virtual Conference of representatives from Venture Capital, Angel Investors, Family Offices, Property Developers and High Tech CISO’s and CEO’s concluded that Cyber Security would continue to grow and faster than predicted by existing models.
Participants noted the existing forecasts and the fact that some said that they had factored COVID 19 and the Work from Home transition in but also noted that Cyber Attack records were consistently under reported globally.
Cyber Insurance underwriter commentators have recently stated that the actual cost of Cyber Attacks may be up to $7Trillion already.
A long list of companies, especially High Tech. companies, have stated that their workforces will ( optionally in some cases ) work from home well into 2021 and probably forever.
This radically restructures the cyber security, property and financial landscapes and investors are betting on further upside to current estimates.
Cyber Security Valley UK, CEO, Chris Windley said ” The input from the UK, US and Israel was that there was going to be more growth. In the UK there are not 6 Million SMB’s to protect anymore there are 25 Million people working from home .. effectively but not cyber securely “.
Further reports will be compiled as soon as possible but at the moment the conclusions are to invest – carefully but steadily – in the cyber security industry,
