Cybersecurity – 2021

December 2, 2021. MPG is a premier advisor to the cybersecurity market. We are keenly interested in the rapid development of several trends across our key subsectors:

• Remote work transition becoming the norm has fueled a rise in cyber attacks ranging from phishing, to malware, to ransomware
• Global migration to cloud-based infrastructure and mass shifting of networks and data to off-prem cloud systems has required adaptive security protections and fundamentally changed the cybersecurity marketplace
• Both malicious and inadvertent insider threats have risen considerably in recent years as expanding attack surfaces along the security supply chain have heightened the potential for incidents and breaches
• Utilization of artificial intelligence in cybersecurity has expanded to proactively address potential threats, learning to adapt and respond to seemingly unrelated patterns of activity