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Industry Landscape
The cybersecurity industry is experiencing rapid growth, driven by escalating cyber threats, stringent regulatory compliance requirements (like CMMC, NIST, ISO 27001), and the digital transformation across all sectors. Organizations are increasingly seeking strategic guidance, vCISO services, and managed security solutions to bolster their defenses and manage complex risk landscapes amidst a shortage of in-house talent.
Total Assets Under Management (AUM)
Cybersecurity Market Size in United States
~$59.6 billion (2024)
(13.8% CAGR)
-Driven by increasing cyberattacks and data breaches.
-Growing adoption of cloud-based security solutions.
-Stricter regulatory compliance mandates across industries.
Total Addressable Market
59.6 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI in Cybersecurity
Artificial Intelligence and Machine Learning are revolutionizing threat detection, anomaly identification, and automating security operations, enhancing proactive defense capabilities.
Zero Trust Architecture (ZTA)
ZTA shifts from perimeter-based security to a 'never trust, always verify' model, requiring strict identity verification for every user and device accessing resources, significantly reducing attack surfaces.
Quantum-Resistant Cryptography
As quantum computing advances, developing and implementing cryptographic algorithms resilient to quantum attacks will be crucial to protect sensitive data from future decryption.
Impactful Policy Frameworks
CMMC 2.0 (Cybersecurity Maturity Model Certification) (2021)
CMMC 2.0 is a Department of Defense (DoD) framework designed to protect Controlled Unclassified Information (CUI) within the Defense Industrial Base (DIB) supply chain, streamlining the original CMMC into three compliance levels.
It mandates specific cybersecurity practices and third-party assessments for DoD contractors, directly impacting their ability to secure and retain government contracts.
NIST Cybersecurity Framework 2.0 (2024)
NIST CSF 2.0 is an updated version of the voluntary framework providing guidance for organizations to manage and reduce cybersecurity risks, now expanded to include all organizations, not just critical infrastructure.
It provides a more adaptable and comprehensive standard for cybersecurity risk management that organizations, including AllegisCyber's clients, will increasingly adopt or be encouraged to follow for best practice.
SEC Cybersecurity Rules (2023)
The U.S. Securities and Exchange Commission (SEC) enacted new rules requiring public companies to disclose material cybersecurity incidents within four business days and provide annual disclosures regarding their cybersecurity risk management, strategy, and governance.
This policy forces public companies to elevate cybersecurity to a board-level concern and demands transparent, timely reporting of incidents, significantly increasing demand for incident response planning and governance consulting.
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