Beyond The Obvious: Overlooked Technology Considerations In Cybersecurity
Menlo security, April 11th, 2023
Nowhere does the theory that the 'whole is greater than the sum of all its parts' ring truer than in the current security landscape.
Despite unprecedented spending on security solutions-from Secure Web Gateways (SWGs) and multifactor authentication (MFA) solutions to anti-virus software-as organizations adapt to their own rapid digital transformations, wily attackers continue to slip their defenses and assault valuable assets. In 2021, security vendors raked in just under $20 billion, or 12% compound annual growth rate (CAGR) from 2017. But organizations racked up considerable monetary losses as a result of security incidents that same year, around $8 billion, or a 49% CAGR, from 2017. While organizations are spending more, they also seem to be losing more.