Over 70% of Businesses Increase Security Spending on Proactive Measures
19 June 2024 at 06:10
Strategic Implementation and Cybersecurity Industry Trends
Conducted in partnership with Omdia, a global analyst and advisory leader, the study surveyed over 400 security decision-makers across North America, the UK, France, and Germany. The findings highlight a rapid adoption of proactive security measures driven by three key objectives:- Reducing the opportunity for cyber threats
- Reducing the mean time to remediate known vulnerabilities
- Minimizing the attack surface.
Geographic and Sectoral Insights
The trend towards proactive security is particularly pronounced in the EMEA region, where 74% of respondents increased their budgets compared to 67% in North America. The financial services sector (54%) and critical infrastructure organizations, including energy and utilities companies (53%), show a strong inclination towards these investments. Nearly half (47%) of the respondents reported that their top cybersecurity goals for the next 12-24 months include reducing the opportunity for threats through proactive security. In contrast, only 27% of organizations plan to focus on improving tactical outcomes such as better threat prevention, detection, and response.Enhancing Security Posture
Organizations are increasingly recognizing the need to improve their security posture through proactive security tools, which significantly enhance attack surface management and security control optimization. Many organizations reported limited visibility into the security posture of their network assets, such as firewalls, switches, and routers. Approximately half of the surveyed organizations check their network devices at most monthly, and some only monitor devices in critical segments or a sample of devices across their networks. Critical infrastructure organizations reported lower confidence than other industries in their ability to maintain adequate network segmentation and prevent unauthorized network access.Anticipated Organizational Impact
Almost half (48%) of all respondents anticipate a high level of organizational disruption due to the broader adoption of proactive security solutions, highlighting the transformative impact these measures are expected to have. βThis research vividly illustrates a widespread and rapid shift towards proactive security to improve operational readiness and resilience,β said Tom Beese, Executive Chairman of Titania. βOrganizations recognize the critical need to stay ahead of known threats and shut down attacks by investing in solutions that offer real-time visibility of their security posture and remediation actions that continuously minimize their exposure.β Businesses emphasized the importance of consolidating proactive security tools, with 65% highlighting better visibility and management of the attack surface, 60% focusing on improved security control optimization, and 54% noting manpower productivity improvements.Critical Proactive Security Capabilities
The survey identified several critical proactive security capabilities:- The ability to view risks through different attack frameworks (61%).
- Full asset context (60%).
- Integration with existing security fabric to implement temporary mitigations (57%).