A recent Market and Markets research report says that the global cybersecurity market will reach $170 billion by 2020, spending $1 trillion during the five-year period from 2017 to 2021. According to the Wall Street Journal, venture capital funding in cybersecurity increased by 76% in 2015 to reach $3.34 billion. However, the cybersecurity market is far from being an El Dorado of the 21st century. Meanwhile, cybercrime surpassed traditional crime in the U.K. in 2015, rising to 53% of all kinds of committed crimes. In comparison to 2015, ransomware attacks have increased by 500% in 2016, forcing hospitals and even U.S. police to pay ransoms in order to get their data back.
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