Cybersecurity in Defense (2024)

Cybersecurity in Defense (2024)

Cybersecurity in Defense (2024)

Summary

""Cybersecurity in Defense"" is part of GlobalData's Strategic Intelligence series of reports on cybersecurity and its impacts across different industries. Cybersecurity is essential in the defense industry, as a successful cyberattack can have severe strategic and financial consequences. To overcome cyberattacks, companies, nations, and militaries are increasingly adopting a collaborative approach. This approach involves acquisitions, sharing information on threats with their allies, and reporting attempted breaches to improve cybersecurity postures.

This report explores emergent trends within the cybersecurity market, examining use cases and the implementation of emerging technologies such as artificial intelligence and big data, and what challenges must be considered in pursuing effective strategies for brand building in this market.

Cyberattacks can range from espionage and data breaches to sabotage and misinformation, each with the potential to compromise national security and disrupt military operations. The modern soldier has become more connected, and militaries rely on Internet of Things (IoT) devices, which may provide entry points for cybercriminals to exploit sensitive data, threatening national security and the defense industry. To overcome cyberattacks, companies, nations, and militaries are increasingly adopting a collaborative approach. This approach involves acquisitions, sharing information on threats with their allies, and reporting attempted breaches to improve cybersecurity postures. Defense companies are also adopting a zero-trust security model that eliminates the concept of trust from an organization’s network architecture, allowing only authorized individuals to access selected applications. However, the industry still faces challenges, such as increased vulnerabilities through greater connectivity and labor and skill shortages. Investing in research and development and training and development programs to upskill and attract new talent in cybersecurity will enable the defense industry to overcome these challenges.

Key Highlights

• Studies of emerging technological trends and their broader impact on the defense market.
• Analysis of the various cybersecurity solutions, programs and projects currently under development, as well as the impact of emerging technologies such as artificial intelligence on the future outlook of the cybersecurity in defense theme.

Scope

• The key defense challenges that forces and defense sector suppliers face are covered.
• The investment opportunities for armed forces, suppliers, and institutional investors, across the whole cybersecurity in defense value chain are covered.
• Highlights from the range different cybersecurity related research and development programs currently being undertaken by various military organizations and defense companies.

Reasons to Buy

• Determine potential investment companies based on trend analysis and market projections.
• Gaining an understanding of the market challenges and opportunities surrounding the cybersecurity in defense theme.
• Understanding how spending on cybersecurity and related segments will fit into the overall market and which spending areas are being prioritized.