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Cybersecurity Trends 2017: Companies Acquire and Governments Regulate

December 27, 2016 / Emma Harwood

“Cybercrime damages are predicted to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015″ says Steve Morgan, founder and Editor-In-Chief at Cybersecurity Ventures, in an email to INN. This is a problem that is getting bigger, and more expensive, which is why investors should pay attention.  Cybersecurity was constantly in the conversation in 2016. Increased need for computer security dominated the news in 2016 as consumers, hospitals and politicians were affected by hacks. No-one was immune and no target too big; a hospital in LA had medical records stolen and Hillary Clinton’s run for presidency was undermined by an email hack. Pure-play companies will provide the guidance needed by those victimized by these attacks, as well as those who fear them. We wrote about such companies to look for in 2017, like Imperva (NYSE:IMPV) and Mimecast (NASDAQ:MIME).