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As per ResearchAndMarkets.com’s offering , “Global Dark Web Intelligence Market Size, Share & Industry Trends Analysis Report by Industry Vertical, Component, Deployment Model, Enterprise Size, Regional Outlook and Forecast, 2022-2028″, the Global Dark Web Intelligence Market size is expected to reach $1.3 billion by 2028, rising at a market growth of 22.3% CAGR during the forecast period.

This area of the internet is devoted to confidentiality and anonymity, thereby making it a perfect place for cybercriminals to gather resources and information and market their services. Dark web intelligence is incredibly important because it gives an unfiltered perspective of the state of cybercrime today and the patterns in hacks.

Organisations enhance their defense capabilities by utilising timely, relevant, and actionable information by adopting dark web tracking software, which enables them to incorporate dark web intelligence with their cyber security management process. Dark Web intelligence is employed to prevent fraud and has shown to significantly lower losses.

The intelligence generally includes three collections of data feeds that have been carefully selected from the Deep Web and Dark Web, malware networks, botnets, and other technology platforms used by fraudsters and cybercriminals to commit financial crimes. There have been several cyber-attacks over the years on both individual computers and the systems of huge corporations.

The lockdown imposed by many governments has positively benefited the implementation of dark web intelligence. Companies are concentrating on developing technologies like automation, AI-powered solutions, and computing technology since COVID-19 instances have decreased.

Additionally, as cybercrimes like ransomware attacks, data hacking, and financial fraud proliferate across sectors like BFSI, healthcare, and government, there is a growing need for dark web intelligence solutions to conduct operations in a secure and safe manner.

However the industry suffers from high costs. A small business or startup has to invest millions of dollars in cybersecurity, which consists of apps for password management, antivirus, firewalls, spam filters, data backup, and data encryption.

Similar to how some dark web intelligence services require particular hardware to be installed, this raises the deployment cost of cybersecurity and cyber risk assessment. To control code in real-time, contemporary cyber threat surveillance solutions also require specific IT knowledge.