State of Cybersecurity

DX increases vulnerability
65% of organizations still cite security as their biggest barrier to cloud migration.

Threats are on the rise
3.8M+ new ransomware samples have been identified through the end of Q3 2016, reflecting an 80% increase.

45M is the average number of new malware strains produced per quarter in 2016.

Spending is out of control
Security budget will increase to 25% of total IT Spend $4M is the average total cost of data breach, which is a 29% increase in total cost since 2013.

Not enough hands on deck
The shortfall in the global information security workforce will reach 1.5M in five years.

Opportunity for selling security
When we talk to our customers, we hear that they are moving through digital transformation. What do we mean by digital transformation?

To stay relevant in a hyper competitive environment, our customers around the globe are driving digital initiatives to deliver business, product, or service innovation. We see everything from connected turbines, to consumer connected devices.

Enterprises are also prioritizing customer experience and engagement initiatives to build stronger digital relationships with their customers.

These initiatives are changing the perimeter of our network, increasing our reliance on the Internet, and increasing risk to our business.

Every day, we read about new security threats that could damage our customer experience, brand reputation, and bottom line.

It is a true challenge to keep up in this evolving threat environment when there is a shortage of qualified infosecurity professionals.