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Cybersecurity trends in 2024 - Bessemer Venture Partners

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Trend 4: Growing importance of identity, and bringing the PAM, AuthN, and AuthZ solutions to the cloud Trend 5: CISOs go “back to basics” The cybersecurity horizon Cybersecurity has long been in the limelight of the cloud economy, but in 2024 it is growing into one of the most promising sectors of innovation and traction across private and public markets. Today Chief Information and Security Officers (CISOs) are sought after C-Suite leaders as they play critical roles in supporting a company’s growth and maintaining trust across customers, partners, and employees. And as long-time investors in the industry, we’ve witnessed breakout names such as Wiz, the fastest growing SaaS company ever, and Axonius, one of tech’s latest Centaurs ($100M+ ARR), as role models showcasing what’s possible within the cybersecurity cohort. Both public and private cybersecurity businesses have generally performed well within recent years, particularly in comparison to the broader tech market. Public cybersec

Jump around Cybersecurity trends in 2024 Momentum in the public market Traction in the private market Top five CISO trends Trend 1: Consolidation of the market continues Trend 2: Cybercriminals exploit AI tools Trend 3: AI counterattacks fraud and deep fakes Trend 4: Growing importance of identity, and bringing the PAM, AuthN, and AuthZ solutions to the cloud Trend 5: CISOs go “back to basics” The cybersecurity horizon Contributors Mike Droesch Amit Karp Yael Schiff Share Subscribe Email (required): Do not fill in (spam control): 5.6.24 Cybersecurity AI & ML Cloud Data Vertical sof

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