High-profile hacks and ransomware breaches continue to plague headlines, making cyber risk more tangible for individuals. So it's no surprise that a Bloomberg analysis found cyber expenses rising faster than overall IT spending. In addition, as remote/hybrid work shifts more workflow to the cloud, spending is expected to increase.   Insight Partners is a NY-based VC/PE firm with over $30 billion under management. It is also a top enterprise software investor specializing in cybersecurity and data privacy. Notable investments in this space include DarkTrace, Tenable, Armis, Veeam, OneTrust, Cylance, Recorded Future, and Aqua Security.   Steve Ward, Managing Director at Insight,  formerly the CISO of Home Depot and a member of the Secret Service, Steve has over 20 years of experience in cybersecurity, physical security, fraud, and technology risk. We discuss where companies allocate cybersecurity spending and the innovations disrupting the market. We also talk about how the shift to remote/hybrid work has affected cyber investment, the most critical threats, and how cyber innovation responds.