The realm of global information security is expected to surge to a record $215 billion by the close of 2024. Contrary to expectations, however, a recent study of chief information security officers (CISOs) exposes a prevailing sense of unease. A significant 44% of CISOs worldwide have admitted to overlooking a data breach in the preceding year despite substantial financial investments.
One striking revelation from the survey of 234 CISOs is the vulnerability of hybrid cloud infrastructure and data-in-transit, which a majority of respondents view as a prominent issue. Rather than relying on direct quotes, it becomes apparent that data-in-motion has historically served as a concealed breeding ground for approximately 93% of malware. Notably, 84% of the surveyed CISOs underlined the urgent necessity of enhancing visibility into encrypted traffic, as encrypted data unveils an array of emerging threats.
In light of mounting challenges, CISOs are poised to redefine their strategic approaches. A focal point is the convergence of security and observability, as articulated by Stephen Elliott from IDC. By leveraging network-based insights, security operations can gain a deeper understanding of cyber threats and refine response tactics accordingly. Noteworthy is the shift towards maximizing existing tools rather than investing in new solutions, with a significant majority expressing the need to streamline tools for effective management of hybrid cloud environments.
FAQ Section
1. What is the expected growth in the global information security realm by 2024?
– The global information security realm is projected to rise to a record $215 billion by the end of 2024.
2. What concerning trend was revealed by a recent study of chief information security officers (CISOs)?
– 44% of CISOs worldwide disclosed overlooking a data breach in the previous year despite considerable financial investments.
3. What was identified as a significant issue in the survey regarding cybersecurity?
– The vulnerability of hybrid cloud infrastructure and data-in-transit was highlighted as a major concern by a majority of respondents in the survey.
4. Why do CISOs emphasize the necessity of enhancing visibility into encrypted traffic?
– Encrypted data is recognized to expose emerging threats, with 84% of surveyed CISOs stressing the urgent need to improve visibility into encrypted traffic.
Definitions
– Data breach: Unintended exposure of sensitive data due to security vulnerabilities or cyberattacks.
– Malware: Malicious software designed to harm or exploit computer systems.
– Observability: Ability to understand and monitor the internal states of a system based on external outputs.
– Hybrid cloud: A cloud computing environment that utilizes a mix of on-premises, private cloud, and public cloud services to meet an organization’s needs.
Suggested Related Links
– More about Global Information Security
