Cybersecurity spend tops US$10 billion in Q4 2018 as new deployment models gain traction

The FINANCIAL -- According to Canalys estimates, worldwide cybersecurity spending exceeded US$10 billion for the first time in Q4 2018. Organizations increased their level of protection against malicious threats, while adhering to strengthening data compliance regulations. Total cybersecurity investment in 2018 reached US$37 billion, up 9% from US$34 billion in 2017.