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Cyber security spending to increase by 7.5% annually: Julius Baer

Due to the threat of costly cyber attacks, cyber security spending is projected to grow by 7.5% a year through 2020, according to a global report by Julius Baer. The cyber security business is booming, as cyber crime has become a top concern for corporate executives and national leaders, according to Fabiano Vallesi, a next generation analyst at Julius Baer and…

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