SOURCE: Cyber adAPT, Inc.

Cyber adAPT

September 14, 2017 08:00 ET

New Research From Cyber adAPT Reveals CISO Motivations Behind Threat Detection Investment

Mobile, IoT, and cloud use driving need for investment in advanced technology

HALF MOON BAY, CA --(Marketwired - September 14, 2017) - Increased use of both mobile devices and cloud-based services are the greatest drivers of threat detection investment according to research sponsored by cyber security firm Cyber adAPT, and conducted by Aberdeen. Insight gathered from 163 senior IT professionals* globally, cites the top four reasons behind increased detection investment as: the growth of mobile usage (41%), greater cloud service use (41%), the risk of a data breach (40%), and the introduction of connected devices and IoT (37%).

The research shows that more than three quarters (78%) of large organizations experienced at least one security-related incident over the past year and nearly a quarter of respondents (23%) plan to implement detection technology soon.

Respondents also shared their greatest inhibitors to such an investment; over two-fifths (41%) citing the overwhelming complexity of the environment and 37% blaming the sheer volume of data to ingest and analyze. A shortfall of resources also poses an issue -- with the bandwidth of existing technical staff (33%) and the lack of specialized expertise (26%) being recognized.

When looking at large organizations specifically (>$1bn in annual revenue), key projections over the next 12-24 months include:

  • Cyber security budgets are projected to be up across the board over the next two years, with the biggest increase in the category of "Detection" (68%)
  • Two-fifths (41%) estimate a rise in the number of users accessing cloud-based apps, while three-fifths (61%) anticipate a rise in the total number of native-mobile apps in use. Over half (52%) predict a rise in the total number of connected devices with access to enterprise resources
  • Nearly half (44%) of respondents project growth in the frequency at which sensitive data is accessed from outside the traditional network perimeter
  • A quarter (25%) anticipate an increase in full time security staff, while 23% project an increased use of managed security services

Kirsten Bay, President and CEO of Cyber adAPT commented on the findings: "With breaches and their devastating impact on the rise, it is no surprise to see an increased focus on threat detection investment. Considering the potential business consequences of data breaches, it is reassuring that businesses recognize the importance of detection technology to tackle the relentless threats and new risk vectors both inside and out of the traditional perimeter."

Read the full research report at cyberadapt.com/aberdeen

*The sample was made up of 163 respondents across small (<$50m), medium ($50m - $1bn), and large (>$1bn) organizations, split across global markets. The study was undertaken in July 2017.

About Cyber adAPT:
Cyber adAPT secures every segment of the digital enterprise, finding more attacks more quickly than alternative approaches. Its patented detection platform, skwiid, monitors network traffic in real-time, detecting threats between mobile devices, IoT connections, cloud services, and the core network. Cyber adAPT has been named a Gartner Cool Vendor in 2017. www.cyberadapt.com

About Aberdeen Group:
Aberdeen Group is a technology industry account data, analytics, and content company. Via its SaaS [Software-as-a-Service] platform "Lead Essentials," Aberdeen helps tech sales and marketing executives distil smart data science into prospect and customer engagement. Aberdeen enables companies to win through its unique targeting capabilities, advanced analytics using its innovative proprietary data sources, and original premium content engine. Learn more about Aberdeen Group at www.aberdeen.com.

Attachment Available: http://www.marketwire.com/library/MwGo/2017/9/13/11G145459/AberdeenCyberadAPTDetectionSurvey-Infographic_Sept-a6f5d224c5e0812e8ae5612b0e8ac0de.pdf

Contact Information