Cybersecurity spending is predicted to rapidly increase in 2025, by just over 15% over the course of 2025, hitting a new high of $212bn, according to the latest predictions from analysts at Gartner.

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The Gartner information technology (IT) consultancy firm forecasts that businesses will increase cyber security spending to more than $96bn to protect their proprietary data. The funding is critical as known threats, such as ransomware, give way to new and exotic intrusion programming. This kind of exploit faded rapidly from 70% of all malware payloads to only 5%, only to be replaced by newer exploitation methods.