> China's smart-grid explosion drives 'huge' security spending spree

China’s cybersecurity market is set to explode, growing from a valuation of just $1.8 billion last year to $50 billion by 2020, according to new research from GlobalData. The big 44.7% growth curve – which the firm says is an anomaly on the global stage – will be mainly driven by efforts to secure the country’s extensive and ever-growing power infrastructure.