Cybersecurity: The Invisible War

Brian O’Reilly
July 16, 2025

In July last year, the world experienced a moment of digital paralysis. Around the world flights were grounded. Hospitals reverted to pen and paper. Banks went offline. The cause was not a hostile attack—it was a software update. A single misconfigured line of code from CrowdStrike, a company at the heart of cyber-defense, triggered one of the largest IT outages in history. 

The Need for Digital Defense

As a result, more than eight million Windows systems crashed globally, and the financial toll is estimated to have exceeded $10 billion. The outage was a stark reminder of how deeply modern life depends on digital infrastructure—and how vulnerable that infrastructure can be. It also underscored why cybersecurity is no longer optional. 

Strong Growth Ahead

In fact, the global cybersecurity industry is already valued at over $300 billion and is expected to grow rapidly over the next decade. As digital infrastructure increasingly becomes the backbone of everyday life and global commerce, the risks of disruption, data breaches, and fraud are rising sharply. 

In response, companies and governments are investing heavily to protect operations, comply with regulations, and preserve trust, with cybercrime projected to cost the global economy $1 trillion in 2025, and cybersecurity spending projected to exceed $280 billion this year.

Investing in Cyber-defense Makes Sense

Understandably investors are drawn to this sector by the inevitability of future attacks and have poured billions into the sector. For investors, cybersecurity offers exposure to a fast-growing, high-demand sector with recurring revenue models, strong margins, and long-term relevance. In a world where digital threats are inevitable, cybersecurity stands out as one of the most resilient and essential investment frontiers.

Brian O’Reilly
Founder & Chief Investment Officer