A new global investigation of the Institute for Business Value (IBV) of IBM and Palo Alto Networks reveals that organizations face significant challenges due to complexity in security management. The study, entitled “Capturing the Cybersecury Dividend: How Security Platforms Generate Business Value”, highlights that companies must handle an average of 83 different security solutions from 29 suppliers. This fragmentation is limiting its ability to effectively face cyberamented.
And, 52% of executives believe that the fragmentation of security solutions is the greatest obstacle to their cybersecurity operations. In addition, 75% of organizations that have adopted a platform approach agree that a better integration between safety, hybrid cloud, artificial intelligence and other technological platforms is essential to improve operational efficiency and generate income.
Well, the growing digital interconnection expands attack surfaces and generates new vulnerabilities. As cyber attacks become more sophisticated, artificial intelligence is becoming a key tool for both defenders and attackers. Executives surveyed estimate that fragmentation and complexity in security cost their organizations, on average, 5% of their annual income. For a company with revenues of 20,000 million dollars a year, this is equivalent to an impact of 1,000 million dollars.
“Organizations continue to face the challenge of updating their security position to deal with new threats, while being pressed to reduce complexity and reduce spending,” says Mark Hughes, global director of Cybersecurity Services of IBM . “Executives need to allow innovation, protect assets and obtain their investments in cybersecurity to help their organizations prosper and promote their commercial objectives.”
BM and Palo Alto Networks discover that platform is key to reducing safety complexity
Benefits of security platform
Adopting a platform -based safety approach can help companies reduce response times and costs, without compromising safety effectiveness. 80% of organizations that have adopted the platform claim to have complete visibility on possible vulnerabilities and threats. In addition, the average identification time (MTTI) and the average time of containment of security incidents (MTTC) are shorter in an average of 72 and 84 days, respectively.
On the other hand, 80% of executives face pressure to reduce security costs, and 41% indicate that fragmentation has increased acquisition expenses. However, the study shows that organizations that have adopted the platform obtain an investment return (ROI) almost four times higher in their cybersecurity initiatives, promoting income and improving operational efficiency.
In this way, a platform -based approach can help organizations to manage and analyze data more efficiently to generate processable information. With 90% of executives planning, optimizing or innovating with AI in the next two years, integrating AI into their platforms will be key to strengthening their preparation against security threats.
Strategies for Success
To make the most of the platform, companies must:
- Choose strategic partners: Critically evaluate the technological and potential technological partners and services, and make decisions about where to reinforce efforts and when it is time to separate.
- Execute action plans: Organize incident response drills to evaluate where a unified platform can generate the greatest impact.
- Prepare to respond to threats: Visiting a Cyber Range to train business teams and technicians in how to address the latest cyberamezas through immersive experience.
