By Microsoft Security
The threat landscape is more sophisticated than ever, and damages have soared as cybercriminals become smarter and their attacks grow savvier. According to the Federal Bureau of Investigation, the cost of cybercrime totaled more than USD 6.9 billion in 2021 alone. This highlights how important it is for businesses to go on the offensive when protecting their operations against online threats.
However, it’s easy for security leaders to become overwhelmed by the sheer number of cybersecurity tools available on the market today. And that growth is accelerating. Fortune Business Insights projects that the global cybersecurity market will grow from $155.83 billion in 2022 to $376.32 billion by 2029, exhibiting a compound annual growth rate of 13.4%. So, given this predicted trajectory, how should organizations evaluate their current technology suite against today’s most pressing threats?
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