WHY INVEST IN SECURITY?
Urbanization and technology are two megatrends that can help explain the growing trend of security. More people in smaller spaces and a rapidly transforming economy against digitization mean that we are more vulnerable than ever before. Businesses and criminals turn to the global economy to do business while the consumer market witnesses extreme growth in the number of units that go and live online.
With an estimated annual annual growth of over 30 per cent, future growth is estimated to be 10 per cent from 2025 onwards. This can be conservative when leading authorities have the total global cost of cybercrime priced at between 4 and 6 percent of global GDP. With attacks on household companies such as Hydro, MAERSK, Sony and Marriott Cybercrime, a by-product of digitization that cannot be eliminated and we see huge opportunities for investors in this area.