According to the Identity Theft Resource Center, data breaches increased 68% last year, setting a new high for the number of instances. The number of data breaches increased by 14% year over year in the first quarter of 2022. It should not come as a surprise that global spending on cybersecurity is predicted to surpass $170 billion in 2022 (up roughly 13% from 2021), and the business will likely continue to experience rapid expansion for years to come.
