World Technology Forum — Cyber Summit

The $32 billion answer to a decade of breaches

Google closed the largest pure cybersecurity acquisition in history in March 2026 — $32 billion for a cloud-security startup that had turned down $23 billion two years earlier — while ransomware groups filed 1,138 publicly claimed attacks across the Americas in a single quarter, 58% of them from just five gangs. The Cyber Summit convenes the platform vendors, national defense commands, standards bodies and insurers now pricing, policing and profiting from the world's most persistent unresolved risk.

$255B

Global cybersecurity solutions market, 2025 — heading to $580B by 2031

31

Companies, commands and institutions in the directory

9

Countries represented at headquarters level

$32B

Google's acquisition of Wiz — the largest cybersecurity deal in history

The market opportunity

Cybersecurity is one of the few software categories that grows regardless of the macro cycle — because the alternative to spending is a breach, and breaches are getting more expensive every year.

$255B → $580B
Global cybersecurity solutions market, 2025 → 2031 (14.68% CAGR)

UBS models a narrower ~$240B for 2026 spend alone (+13% YoY), while broader definitions that fold in services and adjacent categories push 2026 past $520B. McKinsey argues that AI could expand the addressable market toward $2 trillion by creating both new attack surfaces and new AI-native defensive tools enterprises will pay for — the same dual-use dynamic playing out across every Summit in this series.

$32B
Google's acquisition of Wiz, closed March 2026 — the largest pure cybersecurity deal ever recorded.
1,138
Ransomware attacks publicly claimed across the Americas in Q1 2026 alone; 58% from just five groups.
$4.88M
Global average cost of a data breach (IBM, 2024) — up 10% year on year.
40+
Cybersecurity M&A deals announced per month across January–March 2026.

Platform consolidation

CrowdStrike and Palo Alto Networks are absorbing point solutions into single platforms as CISOs rationalise stacks that once averaged 45–75 separate tools.

Nation-state cyber & defense

Cyber Command, the NSA, Unit 8200 and NATO CCDCOE operate against an AI-accelerated ransomware and espionage landscape that no longer waits for declared conflict.

Identity & cloud security

Wiz, CyberArk and Okta sit at the centre of the sector's biggest consolidation wave, because credential theft and cloud misconfiguration now start the majority of high-impact breaches.

Regulation & frameworks

NIST CSF 2.0, CISA's Cross-Sector Performance Goals and ENISA's national strategy guidance are converging into the compliance stack every CISO now has to run.

M&A · Closed March 2026

The largest cybersecurity deal ever recorded

Google completed its $32 billion all-cash acquisition of Wiz on March 11, 2026 — the largest acquisition in Alphabet's 27-year history and the biggest pure cybersecurity transaction ever recorded. Wiz, founded in 2020 by four veterans of Microsoft's earlier Adallom acquisition, built a cloud-native application protection platform (CNAPP) that scans an organisation's entire multicloud footprint for the "toxic combinations" of misconfigurations that actually lead to breaches — a model that took it from zero to over $1 billion in annualised revenue, with roughly 40% of the Fortune 100 as customers. Wiz turned down a $23 billion offer in 2024, before agreeing to sell at a 39% premium a year later. The deal closed after a 12-month regulatory review covering both Washington and Brussels, and Wiz will continue supporting AWS and Microsoft Azure customers rather than being folded exclusively into Google Cloud — a condition widely seen as necessary to preserve the customer base Google paid for.

$32B
All-cash acquisition price
$1B+
Wiz's annualised revenue at close
40%
Of the Fortune 100 as customers
12mo
Regulatory review, US & EU

Directory of global cyber institutions

Thirty-one platform vendors, defense commands, standards bodies and insurers spanning the industry from firewall to national doctrine. Filter by category, or search by name.

Revenue, valuation and incident figures reflect the most recently reported financials, acquisition terms or credible 2025–2026 industry estimates, compiled from public filings, press releases and trade coverage including Cybersecurity Dive, Research and Markets, Cyble threat-landscape reporting, and company investor communications. National defense and intelligence entries describe publicly acknowledged mandates only. Compiled for Summit convening purposes as of September 2026 and not intended as investment research.

Summit tracks

Four threads run through the Cyber Summit programme, each mapped to the institutions in the directory above.

Enterprise platforms

The vendors CISOs actually budget for — endpoint, network, cloud and identity — consolidating fast around a handful of winners.

National cyber defence

Military and intelligence commands operating a continuous, undeclared layer of conflict alongside diplomacy and sanctions.

Standards & regulation

NIST, CISA, ENISA and ISO/IEC turning hard-won incident lessons into the frameworks every regulated sector must now attest to.

Risk, insurance & intelligence

The insurers pricing breach risk and the threat-intelligence firms measuring it in real time, in an economy where the attacker's tools now include AI too.