Based in New York City, Peter J. Snetzko joined Mosaicapp in 2018. In the position, he sells SaaS-based project management solutions to members of the architecture, engineering, and construction (AEC) industry in his position as head of sales. Peter Snetzko has gained insight into a variety of industry areas over the course of his career, including cybersecurity technology.
The cybersecurity market continued to grow during 2020, and is set to reach nearly $134 billion by 2022. Close to 60 percent of business leaders described issues related to cybersecurity as increasingly present threats. Indeed, more than four billion records were exposed to the public via data breaches from January to June 2019 alone. About 71 percent of these breaches, mostly hacking-based, were financially motivated, with a quarter of data breaches relating to espionage.
Common examples of cybersecurity vulnerabilities range from weak or stolen credentials to corporate espionage, though explanations can be as simple as user error. These weaknesses need to be shored up as soon as possible, with annual security breaches rising 11 percent from 2018 and 67 percent over the last seven years. In fact, a University of Maryland study determined that hackers attack protected data every 39 seconds. With these figures in mind, it is no wonder business leaders continue to invest in the latest cybersecurity technology available.
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