By Jess Jones The boss of one of the world’s biggest cybersecurity companies has said he expects a surge in M&A activity in the sector in 2024. Nick Schneider, the chief executive of Arctic Wolf, which is valued at $4.3bn, told City A.M. that many potential buyers are “opportunistically” scouring the market. The firm recently shelved its own plans to go public, saying it will wait until market conditions have improved. “An IPO is no longer reasonable, or reasonable within a time frame, and an alternative to raising money would be to have an exit through acquisition. So I think you’ll see a lot…