Maryland is the world’s epicenter of cybersecurity engineering talent, and the most logical headquarters for U.S. cyber defense.
The global cybersecurity industry is one of the fastest growing markets in the world. Cybersecurity Ventures predicts that global spending on cybersecurity products and services will exceed $1 trillion cumulatively from 2017 to 2021. Texas, California, New York, Maryland, Florida and other states are all in a race for the crown to become the global cybersecurity hub. Data protection and cybersecurity are at the top of the priority list for most of the world’s businesses, governments and organizations.
Cybercrime damages are predicted to cost the work $6 trillion annually by 2021, up from $3 trillion in 2015. Cybercrime remains far too easy, since many technology products lack adequate defenses, while cybercriminals use both simple and advanced technology to identify targets, automate software creation and delivery, and monetization of what they steal.
The global modern battlefield has moved from tanks and planes to digital bombs and cyber attacks. A large number of the world’s nations use their vast defense and intelligence efforts to steal an economic advantage through the theft of data. Demand for new cybersecurity solutions is also growing exponentially, and the business and employment opportunities in this industry are enormous. This is a tremendous time to be involved with cyber and data science innovation, and the biggest institutional investors in the world are taking note.
