Every year we spend more on cybersecurity, and every year the data breaches get more rampant. Cybersecurity should be a healthy and constructive practice, but for many, it is a nightmare.
Something in this model is not right. Our predicament is not unlike the software industry twenty years ago. Every year, customers would spend more on expensive proprietary software, with no discernible benefit emerging. Billions of dollars were wasted with no productivity improvement. Customers paid not for receiving more value, but out of fear of what would happen if they stopped paying. Fear, however, is not a path forward.