Cybersecurity Funding Plummets, But Industry Avengers Rise: A Comedic Take on Market Resilience

In the cyber apocalypse, venture funding for cybersecurity firms has dipped, but Identity Access Management Growth stands out, strutting its stuff to a tune of $13 billion in 2021. The cyber world’s Avengers are thriving, proving cybersecurity isn’t just a necessity, but a recession-resistant investment. Bad news for cyber villains, good news for us!

Published: Added: October 25, 2023 at 2:32 pmAssembled by: J J
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Hot Take:

It's the cyber apocalypse, ladies and gents, and venture funding for cybersecurity firms has hit the brakes, dropping like a hot potato to just a smidgen over $1.6 billion in Q2. But let's not panic just yet. Despite the financial hiccup, the cyber world’s version of the Avengers - Identity and Access Management, Risk and Compliance, and Incident Response and Threat Intelligence - are not only surviving but thriving amidst economic turbulence. Looks like the cyber bad guys are in for a treat!

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