Cybersecurity as an industry has grown by more than 20 times in the past decade, going from being valued at $3.5 billion in 2004 to $78 billion in 2015. Experts say this is only the beginning, and project it will nearly double its value again by 2017. Yet the digital world has never been less secure. The number of hacks, ranging in size and scope — from ransomware attacks that can be carried out by the most novice cybercriminal to sophisticated breaches carried out by state-sponsored hackers in China, Russia, and the United States — increase each year. And despite the rapid increase in dollars spent on cybersecurity, those leading the industry say they are less sure than ever if it is even possible to stop the attackers.
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