The Rising Importance of Cybersecurity in Financial Critical Infrastructure

Monday, 11 March 2024, 13:45

The financial sector is witnessing a significant increase in cybersecurity spending, with the market projected to grow at a CAGR of 6.9% to reach $17,465.33 Million by 2032. The key drivers include the escalating threat landscape and the growing interconnectivity within critical infrastructure.
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The Rising Importance of Cybersecurity in Financial Critical Infrastructure

Key Highlights:

Growing complex cyber threats and increasing interconnectedness and interdependence are two main significant factors driving the growth of cybersecurity for critical infrastructure in the financial sector market. According to a recent report published by Allied Market Research, the market is expected to reach $17,465.33 Million by 2032 at a CAGR of 6.9%.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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