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Cybersecurity Market Sees Surge with 13.38% CAGR through 2031 Due to Increasing Threats | SkyQuest Technology

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WESTFORD, Mass., June 24, 2024 /PRNewswire/ — As per SkyQuest, the Global Cyber Security Market was valued at USD 150.02 Billion in 2022 and is poised to grow from USD 168.04 Billion in 2023 to USD 452.08 Billion by 2031, growing at a CAGR of 13.38% during the forecast period (2024-2031).

The global cybersecurity market is growing exponentially and is expected to continue to rise. A major factor in this growth is the frequent and dramatic increase in cyber threats targeting businesses, governments, and individuals. The increasing integration of digital technologies into critical infrastructure, such as strength grids, transportation systems, and healthcare facilities, has appreciably intensified the potential damages due to cyber-attacks.

Cybersecurity is growing as international organizations adopt technology like cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and large information analytics as a part of their virtual transformation tasks. This enormous shift might present corporations that adopt virtual transformation with the chance of encountering new and unexpectedly converting cybersecurity threats.

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https://www.skyquestt.com/sample-request/cyber-security-market

Cybersecurity Market Overview: 

Report Coverage 

Details 

Market Revenue in 2023 

$ 168.04 billion 

Estimated Value by 2031 

$ 452.08 billion 

Growth Rate 

Poised to grow at a CAGR of 13.38% 

Forecast Period 

2024–2031 

Forecast Units 

Value (USD Billion) 

Report Coverage 

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 

Segments Covered 

Type, Industry, Deployment Mode and Organization Size

Geographies Covered 

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights 

Updated financial information / product portfolio of players 

Key Market Opportunities 

Integration of Quantum Cryptography Represents a Pivotal Opportunity 

Key Market Drivers 

The Adoption of AI-powered Security Solutions Offers Substantial Growth Prospects for Participants Within Market 

Segments covered in Cybersecurity Market are as follows:

TypeData Privacy, Data Security, Cloud Security, Industry Security, Integrated Risk Management, Consumer Security Software, Identity Access Management, Network Security Equipment, Infrastructure Protection, Security Services (Professional Services (Risk & Threat Management, Professional Services, Design, Consulting, And Implementation, Training & Education, Support & Maintenance), Managed Services), and Others (Antivirus/Antimalware, Patch Management, Security Information and Event Management (SIEM), OthersIndustryAerospace & Defence, Government, BFSI, Healthcare, IT, Telecommunication, Manufacturing, Retail, Energy & Utilities, Media & Entertainment, and OthersDeployment ModeCloud, On-premises, & HybridOrganization SizeSmall Enterprises, Medium Enterprises, and Large Enterprises

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Palo Alto Networks

Palo Alto Networks is a global leader in the global cybersecurity market, known for its advanced security programs and a wide range of services designed to protect against a variety of cyber threats The company focuses on breeding the next generation of firewalls on a large scale, including the use of artificial intelligence (AI) and machine learning identify and mitigate threats strength. Bolstered by acquisitions like io and RedLock, which has enhanced their Prisma cloud security suite Palo Alto Networks is also a strong proponent of zero trust architecture, which ensures strict access controls to mitigate vulnerability under various types.

In recent news, the acquisition of Sider Security in 2023 aims to strengthen its capabilities in supply chain security, addressing growing concerns about software supply attacks. The company’s hybrid of AI and machine learning sets a high standard in their security measures and continuous threat detection and prevention, contributing significantly to the global cybersecurity agenda.

Cisco Systems

Cisco Systems, a leading force in the cybersecurity landscape, leverages its extensive networking expertise to deliver robust security solutions. One of its key strategies is Secure Access Service Base (SASE) integration, which encompasses networking and security functions combine into a unified cloud-native service offering comprehensive solutions to enhance threat detection, detection and response. Their secure network analytics use network behavior analytics to detect and address anomalies in real time.

While the recent acquisition of Kenna Security enhanced Cisco’s risk-based vulnerability management capabilities, enabling them to better prioritize threats, Duo Security’s ongoing expansion enhances multifactor authentication and zero trust capabilities. Adding security to Cisco’s networking products provides enterprises with simple and scalable solutions, dramatically improving enterprise security worldwide.

Crowd Protection 

CrowdStrike has created a strong niche in the global cybersecurity market with its cloud-native Falcon platform, which specializes in endpoint security, threat intelligence, and cyberattack response services. The company’s cloud-native approach scales. Ensures feasible and efficient security solutions. CrowdStrike places a strong emphasis on threat intelligence, providing deep insights to anticipate, prevent, and respond effectively to cyber threats. Their Managed Detection Response (MDR) service delivers proactive monitoring and response, helping companies better manage security operations.

Recent developments have enhanced their existing platform to enable expansion with the introduction of the Falcon XDR year 2023 in the country Cisco Systems, a leading force in the cybersecurity landscape, leverages its extensive networking expertise to deliver robust security solutions.

Check Point Software Technology 

Check Point Software Technologies is known for its comprehensive threat mitigation and comprehensive security solutions. The company’s Infinity architecture combines multiple security applications, including threat mitigation, mobile security, and cloud security into a consolidated platform. Their SandBlast solution uses advanced threat simulation and extraction technologies to create protection against sophisticated cyber-attacks. Check Point also offers a compatible security management system, which simplifies and streamlines security operations and policies.

Recently, their Cloud Guard security portfolio extension brought new capabilities to protect cloud-native applications and services. The acquisition of Avanon in 2021 strengthened the security of their email collaboration app, providing improved protection against phishing malware.

View report summary and Table of Contents (TOC):

https://www.skyquestt.com/report/cyber-security-market

Fortinet

Fortinet stands out in the global cybersecurity market with its high-performance security fabric and wide range of security solutions. The company’s security fabric integrates a broad range of security features, ensuring seamless cooperation in the face of digital attack. Fortinet’s strategic focus on AI and machine learning enhances their threat detection and automated response capabilities.

The acquisition of Panopta in 2020 enhanced Fortinet’s network monitoring and security management capabilities. Fortinet’s comprehensive security fabric provides a unified and robust approach to cybersecurity, dramatically improving security in network endpoint cloud environments. Their new solution is a focused approach that has contributed significantly to cybersecurity, providing robust security for many businesses. It has also been extended to Operations Technology (OT) security to protect industrial applications and critical infrastructure. The 2023 release of FortiOS 7.2 brought new features and enhancements to their flagship operating system, improving network security and user experience.

Cyber Security: Fortifying the Digital Fortress

The conclusion on cybersecurity was that it is absolutely necessary in our modern digital age. We cannot ignore the risks of cyberattacks, data breaches, and other online threats. Instead, we must take proactive measures to protect our information and systems from this threat.

Cybersecurity must be an ongoing effort: Threats to our information and systems are constantly evolving, so we must remain vigilant and constantly update our security measures. 

Prevention is key: The best way to protect against a cyberattack is to prevent it in the first place. This means implementing strong security measures such as firewalls, anti-virus software and encryption.

Education is essential: Everyone who uses the internet and digital devices should be aware of the risks and best practices for online safety. Education and awareness campaigns are an important part of defending against cyber threats.

Related Reports:

Network Security Market

Managed Security Services Market

Cloud Security Market

Application Security Market

Zero Trust Security Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 

Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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QUIGLEY-SIMPSON LAUNCHES NEW AI DISCOVERABILITY AND VISIBILITY OFFERING

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Agency Helps Brands Improve How They Are Discovered, Understood, Referenced, and Recommended Across AI-Powered Platforms

LOS ANGELES, June 15, 2026 /PRNewswire/ — Quigley-Simpson, the impact-obsessed independent marketing agency, today announced a new AI discoverability and visibility offering designed to help brands improve how they are discovered, understood, referenced, and recommended across AI assistants, large language models (LLMs), search engines, and digital media environments.

As consumers increasingly turn to AI-powered platforms for information, recommendations, and purchasing decisions, brands face a new challenge: ensuring accurate, credible, and authoritative information about their business is available and accessible to both people and AI systems.

“Consumers are no longer discovering brands through search engines, advertising, or social media alone,” said Carl Fremont, CEO of Quigley-Simpson. “AI platforms are becoming an increasingly important source of information and recommendations. Brands must now think beyond traditional visibility and consider how they are represented across the broader AI ecosystem.”

The new capability helps brands understand and improve the signals that influence how AI systems interpret, evaluate, and recommend information. Unlike point solutions focused solely on monitoring AI responses, Quigley-Simpson’s approach combines communications, content, creative, media, analytics, and optimization to help brands actively strengthen their visibility and authority.

Built on the agency’s integrated operating system, the offering leverages expertise from communications, creative, media, analytics, strategy, and technology teams to address this emerging challenge.

“We believe brands now need to market to both humans and machines,” said Jeff Ratner, President, Media, Data & Analytics at Quigley-Simpson. “The information AI platforms use doesn’t appear by accident. It is shaped by content, communications, media signals, authority, and credibility across the digital ecosystem. What differentiates our approach is our ability to move beyond diagnosis and activate solutions through integrated communications, creative, media, and analytics programs.”

Historically, communications strategies were designed primarily to influence people. Today, they also influence the systems increasingly shaping consumer discovery and decision-making.

“Brands have spent decades optimizing how they communicate with consumers,” said Alissa Stakgold, President Strategy and Creative Services, at Quigley-Simpson. “Now they must also consider how they communicate with the AI systems that summarize, interpret, and distribute information at scale. This capability helps brands better understand those dynamics and respond strategically.”

The offering combines proprietary methodologies with leading third-party technologies, including AI visibility and monitoring platforms, while leveraging Quigley-Simpson’s broader media, analytics, and intelligence infrastructure.

Initial services include:

• AI visibility and discoverability audits
• Brand authority and citation analysis
• Competitive benchmarking
• Communications and content strategy
• Creative and messaging optimization
• Media and content amplification
• AI response monitoring and reporting
• Ongoing optimization and measurement

The framework is built around five core pillars: Content, Credibility, Connections, Coverage, and Calibration.

Together, these pillars help brands strengthen the signals that influence how AI systems interpret, reference, and recommend information while improving consistency across communications, content, media, and customer experiences.

ABOUT QUIGLEY-SIMPSON:
Headquartered in Los Angeles, with an office in New York City, Quigley-Simpson is the largest WBENC-certified woman-owned advertising agency in the country and an impact-obsessed marketing partner for brands seeking measurable growth. Its fully integrated offerings span brand strategy, creative development, media planning and buying, digital performance, analytics, and AI-enabled solutions. For 25 years, Quigley-Simpson has helped brands break through growth barriers by connecting brand building with business outcomes. As a full-solutions, full-journey agency, it transforms insights into action and action into measurable impact, delivering results that drive long-term growth and competitive advantage. Clients include industry leaders such as JPMorgan Chase and Procter & Gamble, alongside high-growth brands including Generac, Simply Business, Finance of America, and Kumon. Quigley-Simpson’s approach is rooted in a simple philosophy: be Brand-led, Demand-driven, and Impact-obsessed.

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Dialogica Emerges from Stealth to Empower Lawyers to Reclaim Their Time

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New class of legal cognition provides fully secure, local platform to remove the rote, non-billable work that slows lawyers down

SANTA MONICA, Calif., June 15, 2026 /PRNewswire/ — Dialogica (“Dia”), the new, voice-first class of legal cognition built to empower lawyers to reclaim their time while preserving legal judgment, trust, and confidentiality, announced its public launch today. The company is supported by Ground Up Ventures, led by Cory Moelis, and global leading lawyers, including Tom Glocer, ex-CEO of Thomson Reuters, and members of the board of directors at Morgan Stanley and Merck, Scott Taylor, former GC of Symantec, Health Ingram, a Top 40 BioTech Regulatory Counsel and Partner at Goodwin Proctor, and partners at various AmLaw 50 law firms.

Dia was built to free lawyers from the rote work that holds firms back, like calendaring, timekeeping, redlining, precedent searching, tracking clients, matters, deals, and cases, and much more, so they can focus on what they do best. Sensitive firm data stays within the firm’s walls, and Dia works seamlessly with the systems and technology already in place. The result is more billable time and revenue per lawyer, and more room for work-life balance that is rarely afforded in the industry.

The launch comes as current ‘last mile’ legal AI tools have focused on the drafting work that lawyers spend years training to do. Dia is focused on the first mile of legal work; this is the high-friction layer where matters start, where time is lost, and where repetitive work slows lawyers down. It operates as a horizontal, voice-first dialogue layer that strengthens what firms already have rather than replacing it, and was built to provide a practical, secure way to give lawyers an intuitive, easy-to-use system while maintaining the standards of security, confidentiality, and control that their clients demand.

“I spent years watching my colleagues, and brilliant lawyers, lose hours every single day to work that had nothing to do with being a lawyer,” said Austin Worrell, Co-Founder and CEO, Dialogica. “We built Dia to give lawyers this time back, without touching their judgment, training on firm data, or asking anyone to change how they work. We want lawyers to be able to focus on counsel, strategy, and client services; the work that defines a great law firm, and that no AI could ever replace.”

“We built Dia to be the first platform that works the way law firms already operate, rather than force them into a new system,” said Joshua Goodman, Co-Founder and CTO, Dialogica. “At the same time, Dia does not compromise on security, ensuring firms get all the benefits without anything leaving their environment. This is an exciting moment to work with firms that want to move now to define the modern legal practice and future-proof their practices.”

Scott Joachim serves as President of Dialogica, and has almost three decades of experience as a corporate attorney. He previously served as Co-Chair of the Global Private Equity Practice at Paul Hastings, an “American Lawyer Top 25” international law firm, and chair of the private equity practice at leading technology law firm Fenwick and West. He also serves as an adjunct professor at Columbia University. “The intersection of law and technology is at a critical inflection point. I joined Dialogica because I’ve seen first-hand the inefficiencies and frictions in law practice that our products solve. The numbers are undeniable.”

“There is nothing in the market right now making non-billable hours more productive,” said Cory Moelis, General Partner, Ground Up Ventures. “In a field where privacy is absolutely critical, you can’t just build using foundational models. Assistants are emerging as the next wave as models become commodities, and that’s why I’m thrilled to be involved with Dialogica, as they are ahead of this curve.”

About Dialogica
Dialogica, Inc. is the company behind Dia, a secure amplified intelligence platform built to help law firms clear the clutter of daily practice while preserving the legal judgment, client trust, and confidentiality that define the profession. Designed for the operating realities of sophisticated firms, Dia is a voice-first dialogue layer that works across existing systems to reduce repetitive, non-billable work and give lawyers more time for the counsel, strategy, analysis, and client service only they can provide. For more information, visit: dialogicaai.com.

Media Contact
Dialogica@5wpr.com

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NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

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NEW YORK, June 15, 2026 /PRNewswire/ — Neuberger Municipal Fund Inc. (NYSE American: NBH) (the “Fund”) has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on July 15, 2026, has a record date of June 30, 2026, and has an ex-date of June 30, 2026. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor’s cost basis of their shares will be reduced. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund’s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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