WATERLOO, ONTARIO–(Marketwired – Feb. 24, 2016) – BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in secure mobile communications, today announced the launch of its new Professional Cybersecurity Services practice that will further expand BlackBerry’s security portfolio by offering organizations new consulting services, tools and best practices to assess and thwart ever-changing cybersecurity risks.
Cybersecurity is a persistent and increasing business risk for organizations that depend on mobile endpoints that connect through networked and cloud-enabled platforms. It is estimated that data breaches currently cost the global economy more than $400 billion every year.(1) Some industry sectors, such as automotive, are being forced to grapple with cybersecurity threats for the first time as cars become more connected, intelligent and self-sufficient. As cybersecurity threats become more pervasive with increasing Internet connectivity, there is a greater demand for more robust defensive tactics to combat these risks. BlackBerry’s Professional Cybersecurity Practice is intended to address that market demand.
Cybersecurity consulting is currently estimated to be a $16.5 billion annual global business that is forecast to grow to $23 billion per annum by 2019.(2) As such, cybersecurity consulting represents a natural market opportunity for BlackBerry since it already securely manages hundreds of millions of mobile endpoints and provides critical systems software for more than 60 million connected cars. For the full article click here
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