Cybercrime never sleeps. Juniper Research the number of digital records that will be stolen in 2023 at 33 billion, compared with the 12 billion stolen in 2018. As recently as 2017, the U.S. outranked all other countries in the volume of ransomware attacks, to Symantec. And analysts elsewhere estimate that the cybercrime economy has to $1.5 trillion in annual profits and that damages will reach $6 trillion by 2021.
The costly threat of compromise has given rise to a market that’s to be worth $300 billion by 2024. Hundreds of startups already occupy the segment, but the competition isn’t deterring San Jose, California-based , a developer building a platform designed to automate and compliance processes. It today emerged from stealth with $31 million in funding