Former Splunk CEO: The Cybersecurity Industry’s $119 Billion Record Year Is Masking a Structural Crisis


Merritt will make this case at AIxCYBER, hosted by Momentum Cyber on March 12 in Austin, TX. The panel—“The $119 Billion Bet: Why Agentic AI Just Made Cybersecurity the Most Strategic and Valuable Market in Tech”—draws on data from Momentum Cyber’s 2026 Cybersecurity Almanac, which documented $119 billion deployed across 1,222 transactions, with M&A deal value up 270 percent year-over-year. 



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