Bringing Digital Transformation to Cybersecurity | LinkedIn
Cybersecurity experts have been locked in a battle with hackers for decades. As breaches have proliferated, so have the technologies designed to stop them — and businesses have deployed them with gusto, with global spending expected to exceed $215 billion in 2024, according to Gartner. Proliferation of tools: $125B out of $215B will be spent on security products this year. 78% of organizations use more than 50 discrete cybersecurity products to address security issues; 37% use more than 100 cybersecurity products. Because of the constantly changing threat landscape—exacerbated by everything from the global pandemic to the Russian/Ukraine war to new technology developments such as Generative AI — new security tools and capabilities to address the latest threats keep getting added to the mix, like band-aids on new wounds. Tools & Services: $90B out of $215B is spent on services. Cyber-talent shortage, created further growth opportunities for service providers as CISOs struggled to fully
Cybersecurity experts have been locked in a battle with hackers for decades. As breaches have proliferated, so have the technologies designed to stop them — and businesses have deployed them with gusto, with global spending expected to exceed $215 billion in 2024, according to Gartner. Proliferation of tools: $125B out of $215B will be spent on security products this year. 78% of organizations use more than 50 discrete cybersecurity products to address security issues; 37% use more than 100 cybersecurity products. Because of the constantly changing threat landscape—exacerbated by everything fr
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