Cyber-attacks continue to expose weaknesses in cybersecurity defenses, causing significant disruption worldwide. Organizations are proactively investing more, but according to the latest Canalys estimates, enterprise spending on cybersecurity still accounts for less than 5% of total IT budgets.
The Canalys (now part of Omdia) Now and next for the cybersecurity ecosystem report, delivers expert insights from leading analysts, offering new research on the biggest trends and predictions for the cybersecurity managed services market.
Key insights:
- The broad cybersecurity ecosystem, encompassing threat actors, technology vendors, investment firms, channel partners, cyber-insurers, law enforcement agencies and government bodies operating within the framework of tightening regulations.
- The ongoing fight against ransomware, a threat that continues to evolve as new actors emerge and threat groups repurpose tools for targeted attacks.
- The highly disruptive fallout from successful cyber-attacks on high-profile firms and organizations, underscoring the need for robust cybersecurity measures.
- The dynamics of cybersecurity channel competition, especially with nearly 50 highly funded pre-IPO vendors investing in their programs for accelerated expansion.
- The transformative potential of generative AI within the cybersecurity ecosystem, empowering organizations to enhance their cybersecurity capabilities while presenting new opportunities for threat actors.
- The role of cybersecurity startups in driving innovation, underpinned by venture capital funding that enables the development of new technologies and strategies.
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