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  There is concern from policymakers and companies across the globe that retaliation for Western sanctions may take the form of similar cyber attacks on key infrastructure in the US, UK and Europe.
We are seeing greater spending commitments from global governments - Australia, for example, recently announced that its electronic spy agency will double in size - and from the corporate sector - a recent survey by the UK’s Department
for Culture, Media and Sport found that almost 70% of financial sector companies had sought outside assistance or information to deal with cyber threats.
To our mind, these threats are real and those companies and governments that haven’t already increased cyber-spending will need to do so.
This is improving an already strong environment for cyber security companies.
There is also pressure from governments, who need to make sure that key infrastructure - such as banking or utilities - meets certain minimum standards of cyber security.
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DIY Investor Magazine · July 2022

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