Wednesday, February 27, 2019

Why We Need to Rip Off the Cybersecurity Band-Aids

Last year, at the Berkshire Hathaway annual shareholders meeting, the Oracle of Omaha, Warren Buffet, proclaimed, “I don’t know that much about cyber, but I do think that’s the number one problem with mankind.” He ranked cyberattacks above the threat of nuclear and biological warfare. The admission endures at a time when cyberattacks continue to spike. Cyberattacks are projected to cost companies $6 trillion annually by 2021, and the market to defend systems, software, and applications is expected to reach $1 trillion within the next three years.

Plenty of vendors have risen up to take advantage. Estimates on the number of companies offering cybersecurity solutions range from 1,500 to well over 2,000. This makes the sea of options very difficult to wade through and differentiate at a time when cyber challenges grow increasingly complex. It also results in companies cobbling together a huge number of products and services that don’t necessarily integrate with a desperate bid to protect their networks.



from DZone.com Feed https://ift.tt/2NsPPCo

No comments:

Post a Comment