M&A Frenzy in Cybersecurity Industry Poised to Become $2 Trillion Market
ROKRockwell Automation(ROK) Prnewswire·2024-05-13 21:35

USA News Group Commentary Issued on behalf of Integrated Cyber Solutions Inc. VANCOUVER, BC, May 13, 2024 /PRNewswire/ -- The necessity of cybersecurity measures continues to grow rapidly, with the costs of cybercrime soaring to an alarming $8 trillion. According to a report from McKinsey and Company, the global cybersecurity market is projected to explode tenfold to between $1.5-2 trillion in the next few years. In response, several major M&A deals are stirring in the sector, including Rockwell Automation, ...