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All issuesVolume 315, Issue 2IT Vendor NewsFortinet

What CISOs Need to Know About Secure By Design

Fortinet News, Friday, June 14th, 2024

As the threat landscape intensifies, organizations are poised to increase their investments in security solutions. Cybersecurity spending is on track to reach $215B by the end of this year, a 14% increase from 2023.

When procuring cybersecurity solutions, businesses have more vendors to choose from than ever, with the Cyber Research Databank estimating that there are more than 3,000 cybersecurity vendors worldwide.

The 2023 US National Cyber Strategy emphasized that cybersecurity should be a shared responsibility between IT manufacturers and consumers, both enterprises and individual end users. The US has led the creation of an international emphasis on a secure by design approach to software development. The US and key international partners see the successful implementation of this approach as a crucial competitive differentiator that can help vendors stand out in an increasingly crowded market.

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