Cyber Weapons Becoming Big Bucks
January 15, 2018
Cyberwarfare, meet capitalism. Here’s a twist we didn’t see coming. According to sources, digital weaponry and the defenses needed to fight them are now one of the hottest markets in the world. Just take a look at a recent SAT PR News story, “Cyber Weapon Market is Expected to Reach a Valuation of US $521.87 billion by the End of 2021.”
According to the story:
Governments, intelligence agencies, and other organizations have spiked their investment to identify zero-day exploits and use them against enemy networks when necessary. With an aim of capitalizing on the prevalent trend, several traditional arms manufacturing companies are expanding their businesses in the cyber security segment. This will in turn fuel the development of cyber weapons.
The market is also expected to gain from the increasing demand for security across critical infrastructure and utilities.
This should come as no surprise. Just as government contractors have cashed in on creating physical weaponry, the digital world is finally going to have its Raytheons. Look at this Fast Company story about how a company you’ve probably never heard of, Pegasus, is worth a billion dollars. Welcome to the new dot-com boom.
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Patrick Roland, January 15, 2018
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Cyber Weapons Becoming Big Bucks : Stephen E. Arnold @ Beyond Search