Making A Business Case For Cyber Threat Intelligence: Unveiling The Value Realization Framework
Cyber Defense Magazine, April, 7th 2023
A recent market survey report (Source: Fortune Business Insights, March 2023) pegged the current market size of the Cyber Threat Intelligence (CTI) Market at USD 4.24 Billion and estimated it to grow at a CAGR of 20.4 % to USD 18.11 Billion by 2030.
A December 2022 Survey conducted by Cyber Risk Alliance revealed that almost 91% of the surveyed organizations were already using CTI in some form or other.
Organizations are increasingly turning to CTI for a variety of reasons; the increased risk of ransomware attacks, an expanding digital estate that increases the attack surface, onerous Data Privacy regulations that mandate data security and privacy of personal information, or simply to improve cybersecurity operations; specifically processes around vulnerability management, threat detection, incident response, and threat hunting and investigations.