Cyber security spending was only $188B in 2023 and, with corporate spending on cybersecurity forecast to grow at a CAGR of 13.8% between now and 2030 it suggests that a $2 trillion market exists for cyber security technology and service providers.

As debt and unaffordability weigh on spending and employment, excess capacity and supply increasingly weigh on inflated prices.

The Swiss banking giant alleges that Bank of America did not honor indemnification agreements related to risky mortgages issued by Countrywide Financial that BAC bought in 2008.