The Cyber Security market was valued at c$170m in 2020 and is expected to grow at over 10%pa to 2028. Vulnerabilities are increasing, and the threat to organisations from hackers, organised crime and state actors is ever increasing. These powerful drivers combined with Falanx’s highly aligned and relevant service portfolio mean that it is well positioned to create shareholder value.
With company losses from cybercrime set to reach the trillions by 2021, it is clear this rapid growth will continue beyond 2020. Global talent shortages and widespread lack of business resources means organisations need our managed services more than ever before. Increasing publicly visible attacks and threats means a growing need for cyber security support. Our plan is to occupy a huge portion of the cyber security market.