Innovative Cybersecurity Efforts Strive to Protect Personal Data FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 9, 2021 /PRNewswire/ -- Cybersecurity has been an ongoing and major issue for business and governments over the years, and technology capabilities have only increased. As a result, an extensive layer of cybersecurity is now often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. The emergence of new technologies such as IoT, BYOD, AI, and machine learning is also a major factor contributing to the spike of hacks, as well as a mitigating factor. For example, adoption of M2M/IoT connections demands strengthened cybersecurity services in enterprises, yet machine learning provides advantages in outlier detection, much to the benefit of cybersecurity. Plurilock Security Inc. (TSX-V: PLUR) (OTC: PLCKF), A10 Networks, Inc. (NYSE: ATEN), Mimecast Limited (NASDAQ: MIME), CyberArk Software Ltd. (NASDAQ: CYBR), McAfee Corp. (NASDAQ: MCFE)