The motion of modern transformation and the rising regularity of international cyber threats have turned security ventures into a primary focus for investors.
Data from 2024 features record-breaking investments in unnatural intelligence-powered protection solutions and sky technologies.
Türkiye, however, is making significant strides in security with geographically developed projects, earning recognition on the global stage.
The global security sector exceeded$ 250 billion in 2024, according to estimates by Gartner and Crunchbase.
This season started with Alphabet’s$ 32 billion merger of Wiz, a sky protection firm, drawing more attention to the security advancements. That marked the biggest deal ever for the Google family.
Public security
Synthetic intelligence-based security options are gaining notoriety thanks to their strategic security capabilities. Companies such as Darktrace, CrowdStrike, and SentinelOne have emerged as leaders in this area.
Public security investments are experiencing rapid growth. Firms like Palo Alto Networks and Wiz deploy Zero Trust models to safeguard cloud infrastructure. Heightened interest in operational technology (OT) security has emerged in response to critical infrastructure attacks. Notable players like Nozomi Networks offer tailored solutions for sectors such as energy and health care.
Globally, purchase activity in security continues to soar. For instance, ReliaQuest, an AI-powered cybersecurity firm, recently secured over$ 500 million in funding, raising its valuation to$ 3.4 billion.
Türkiye’s progress
Türkiye has also been making significant progress in security in recent years.
The enactment of the security law marks the beginning of a new era for online security. Local firms such as STM, Havelsan, and Argela deliver effective solutions for the public and security industries.
Furthermore, companies like Sectrio, SOCRadar, and Hackuity have garnered strong interest from international investors. Turkish cybersecurity startups have managed to raise over$ 50 million in investments in 2024.
On the other hand, Türkiye’s Cybersecurity Cluster continues to foster cooperation between public and private sectors to develop modern jobs, bolstering the country’s presence in the global security industry.
Upcoming trends
Researchers predict that artificial intelligence, quantum cryptography, and Zero Trust designs will determine the future of security.
As the dangers associated with automation grow, security ventures are becoming increasingly corporate investment areas. Türkiye’s ability in this site is further strengthened by its rely on homemade technologies.
$ 32 billion bet
In one of the largest offers in the security field, Google acquired fast-growing company Wiz for$ 32 billion. The consolidation aims to boost Google Cloud’s competitive advantage against Amazon and Microsoft. Wiz specializes in agent-free sky security options, commonly used by Fortune 500 companies.
The deal is expected to strengthen Google’s AI-powered protection services. However, difficulties such as higher costs and regulation hurdles remain as prospective obstacles during the consolidation process.
Türkiye faces significant security challenges with 1.5M assaults in 2024
As modern transformation drives, cyberattacks have become a major risk worldwide, including in Türkiye. These attacks are not limited to large corporations but also target small and medium-sized enterprises ( SMEs ), endangering their business continuity through data breaches, ransomware, and financial losses.
The boom in cyberattacks, especially large-scale data breaches and threats, has escalated economic damages for businesses, undermining their status and disrupting operations. SMEs, in particular, have borne the brunt of these risks, struggling to improve their security infrastructures due to limited resources.
Attractiveness at hazard
In 2024, Türkiye experienced almost 1.5 million attacks, according to Artuğ Tikiç, general manager of Berqnet Cybersecurity.
” Network-based attacks surged by an astonishing 2, 340 %, bringing the total number of cyberattacks to 1.5 million. In Türkiye, the impact has been no less serious. Alarmingly, 60 % of SMEs are forced to stop operations within six months following a cyberattack”, Tikiç stated, highlighting the strong economic consequences of these problems on institutions and the broader economy.
Due to their limited budgets and resources, SMEs usually fail to adopt strong security measures, making them easy targets for fraudsters.
Tikiç added that the implications extend beyond companies, impacting clients, partners, and perhaps local economies.
” Data theft, service problems, and the loss of trust substantially lower SMEs ‘ survival prospects. Furthermore, such attacks compromise Türkiye’s digitalization journey and international competitiveness”, he remarked.
Cybersecurity laws
To lessen the economic and societal impacts of attacks on Türkiye, coordinated efforts between the public and private sectors are important.
In this vein, the recently enacted security law, passed by the Grand National Assembly of Türkiye ( TBMM), marks the beginning of a new chapter in online security.
Under the new rules, people institutions and private business entities are encouraged to promote local and national technologies in their security applications.
This effort aims not only to increase online security but also to minimize Türkiye’s reliance on foreign technology and improve the competitiveness of local producers.
Strategic sectors such as energy, transportation, health care, finance, and communication now bear greater responsibility in safeguarding digital security under this framework.
Critical infrastructure protection
The new regulations also introduce advanced security standards and compliance requirements to protect critical infrastructure owned by both the public and private sectors. Vital sectors, including transportation, communication, energy, and health care, will be more resilient against cyberattacks and must adhere to specified technical security criteria.
Tikiç emphasized the importance of these measures for domestic technology producers.
” The new law is a powerful step in supporting the development of local cybersecurity manufacturers. It not only strengthens the nation’s digital security but also positions Türkiye more firmly in global competition with technologies produced using our own resources”, he said.
” At Berqnet, we are ready to contribute to this transformation with our 100 % locally developed R&, D expertise to meet the cybersecurity needs of the public and private sectors”.
Türk Telekom, ZTE set record with intercontinental optical transmission speed test
As internet infrastructure remains a cornerstone of global competitiveness, Türk Telekom, one of Türkiye’s leading telecommunications and technology companies, continues to implement innovative and sustainable solutions to meet next-generation technology demands.
The company has focused on addressing high data traffic while prioritizing capacity enhancement and energy efficiency.
Türk Telekom, in collaboration with leading global technology company ZTE, has achieved record-breaking speeds in intercontinental optical transmission tests over the network traversing Istanbul’s Bosporus Strait.
The test, reaching 1.6 Terabits per second ( Tbps ), showcased significant energy savings and enhanced data transmission capacity, heralding a new era for Türkiye’s digital infrastructure.
The trial made Türk Telekom Türkiye’s first operator to achieve 1.6 Tbps optical transmission speed using the advanced Dense Wavelength Division Multiplexing ( DWDM) technology.
The ZTE DWDM network in Istanbul, which carries a significant portion of the city’s data traffic, facilitated this groundbreaking test. Utilizing ultra-wide C6THz and L6THz bands, the intercontinental link reached record speed on a single channel, resulting in notable improvements in capacity and energy efficiency.
Further tests included new submarine and bridge fiber-integrated links carrying live traffic with dual-carrier systems at a capacity of 3.2 Tbps.
Addressing growing data needs
Zafer Orhan, deputy general manager in charge of network at Türk Telekom, said the company is committed to meeting the increasing data speed demands of Türkiye with innovative, energy-efficient, and easily manageable solutions.
” By deploying new-generation technologies, we create the foundation for transformative advancements. This intercontinental speed test over the Bosporus network achieved significant capacity and energy savings”, Orhan noted.
” These technologies will accelerate processes and enhance efficiency across various sectors, including smart cities, autonomous vehicles, health care, manufacturing, and digital gaming”.
Advancing optical transmission tech
Peng Aiguang, senior vice president of ZTE and president of Europe and Americas region, said the successful trial represents a new step in technological innovation and partnership between Türk Telekom and ZTE in optical communications.
” It not only confirms ZTE’s leadership in DWDM technology but also lays a solid foundation for efficient, intelligent, and sustainable network development in the future”, said Aiguang.
” We eagerly anticipate strengthening collaboration with Türk Telekom, jointly driving the evolution of optical communication technology, delivering superior network experiences to global users, and promoting robust growth in the digital economy”.