The US Treasury Department's Office of Foreign Assets Control (OFAC) announced sanctions placed on six Iranian officials behind cyberattacks on US critical infrastructure entities. The Treasury Department further stated all six officials have strong involvement in US critical infrastructure attacks using Israel-made programmable logic controllers and are suspected to span the water, healthcare, and public sectors.
Despite recent talk of a tech slowdown that reaches cyber, Allied Market Research reported that the market is poised to grow to $478.68B by 2030, with a 9.5% annual growth rate. The data predicting the cybersecurity market's growth was taken from Allied Market Research's “Cyber Security Market by Component, Solution, Deployment Model, Enterprise Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030”.
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