Many companies are struggling to keep their networks secure against rapidly evolving cyber threats. Despite increasingly sophisticated attacks and rising complexity in the technological and regulatory landscapes, companies still typically rely on outdated methods to keep data secure, according to new research from Frost & Sullivan.
BYOD, social media, smartphones, virtualization, and cloud services have significantly complicated the process of securing enterprise networks and sensitive data. Many companies have failed to adjust their security approaches accordingly.
For instance, a study conducted by Frost & Sullivan and (ISC)2 revealed that out of 12,396 respondents, 42 percent ranked social media as a top security concern. However, 25 percent of organizations admitted they were not addressing this threat vector.
Cyber crime today is big business and threat actors are more motivated, skilled, coordinated, and well-funded than ever before. Yet many companies continue to rely on outdated detection methods that only protect against known threats or provide information about attacks after they happen.
Many organizations also use discrete solutions to manage each new threat vector, emerging technology and regulatory requirement. However, by investing in several point products, businesses are finding the process to maintain these solutions to be unmanageable. In addition, those systems are often unable to share data with each other, which reduces their effectiveness.
To combat today’s new threats and manage the ever-increasing complexity, organizations require advanced protection technologies that can integrate and correlate security event data from multiple security systems. Frost & Sullivan recommends advanced managed security services.