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Happy Friday and welcome to another edition of Axial Radar!
A bipartisan group of senators introduced legislation this week to address global cybercrime, largely in response to the recent attacks on the US gas and meat industries. Cybercrime is by no means a new threat, but it is a growing one. Some estimates predict that cybercrime could inflict over $10 trillion of damages by 2025.
Bleak, yes, but within the wreckage lies an already massive opportunity to invest in cutting edge countermeasures. In this week’s featured Industry Trends article, we take a look at the consistent growth in cybersecurity investment over the last 5 years, and how that investment is pivotal in securing our ever increasing digital future.
Our feature buy-side members this week include a corporation in the medical equipment space, one of the pioneers of the private equity industry, and a technology-focused investment firm. On the sell-side we’ll introduce you to an M&A advisory firm led by successful entrepreneurs, and a 25 year old investment bank.
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