Fertile grounds
In order to understand the criticality of cyber security across the world, it is important to set the context of the discussion. The last three decades have most certainly been an incredible period for the world of data innovation. During this period, perhaps, we have innovated ways to create and exchange data and value, but perhaps have failed to innovate sufficiently to protect the data.
We saw how the evolution of the ARPANET led to the rise of the internet in Chapter 3, The Data Economy. The internet most certainly laid the foundations for a flurry of internet-based applications and business models that were largely data driven. Search engines, social media, and messaging apps became commonplace:
Figure 1: Global mobile app revenue, 2014-2023. Source: Statista
We also saw a rise in ecosystems led by Apple and Google. Mobile phones became the personal computers we would carry in our pockets and replaced devices such as music players and gaming consoles...