McKinsey September 25, 2024

Bosch worked with McKinsey to develop and launch CyberCompare—a cybersecurity purchasing platform to help businesses and public sector entities compare quotations and match with cybersecurity vendors and service providers.

On this page: Opportunity | Solution | Impact

The Opportunity

A new way to source cybersecurity

Cyberattacks are on track to cause $10.5 trillion a year in damage by 2025. In their efforts to fight back, business leaders face complex choices. Their own security environments likely use technology sourced from multiple vendors and when they look to the market, the choices are paralyzing: more than 7,000 providers globally are vying for their attention. While there are hundreds of system integrators reselling solutions, finding independent advice without hidden interests is rare.

“Ransomware...

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