The CyberScope – Q3 2021

Following the COVID-19 pandemic, we continue to see more companies using applications deployed on the cloud and an increasing need for cloud security and zero-trust network access solutions. Expansion of attack surfaces, sophisticated ransomware attacks and publicised security incidents continue to accelerate demand for next-gen security and proactive risk management.

Q3 2021 finished strongly with 55 transactions in the cybersecurity sector, up 10% from Q2, and the highest quarterly total in the ten years we have tracked this market. We expect this strong momentum to continue for the duration of 2021.

This quarter, CG Results has acted as exclusive financial advisor to Outpost24, a Swedish-based provider of full-stack cyber assessment, on its acquisition of Blueliv, a cyber threat intelligence provider headquartered in Spain.