Tech Investments

2019 Is a Big Year for Cybersecurity Investments

For people managing the assets of high net worth individuals, their interest in cybersecurity grew significantly between 2018 and 2019. Cybersecurity is increasingly coming to the forefront of people’s mind with more and more people citing the issue as a concern.

TD Ameritrade takes an annual survey of its registered investment advisors, who lead companies managing assets of high net worth individuals. Between 2018 and 2019, RIAs changed their tune on several tech investments. Only about one in ten RIAs said they were considering investing in cybersecurity heading into 2018. Within a year, nearly six in ten RIAs said they were looking to invest in cybersecurity. Other significant jumps in investor sentiment included performance reporting tech, digital documents and eSignature investments, CRM tools, financial planning, and social media tools.

Our partners at BCI Summit are hosting a private event from May 10th to the 12th where C-suite investors, family offices and corporations active in the disruptive technology space can network and learn from each other as well as meet global founders. For registration information, sign up here: BCI Summit.

Description

This chart shows the percent of Registered Investment Advisers that are considering investing certain technologies to help drive growth between 2018 and 2019.

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Total number of funding rounds in cyber security companies in Israel 2015-2024
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Main cyber security challenges in the U.S. and UK 2023
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Global cyber security budget increase 2016-2024
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Share of IT budgets allocated to cyber security in the UK and U.S. 2023, by sector
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Average cyber security budgets in the UK and U.S. 2021-2023
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Smart grid cyber security market value worldwide 2022-2029

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