Security Pain Points Open Up Channel Opportunities

Cloud security issues

Security Pain Points Open Up Channel Opportunities

Many firms have multiple security products, budget issues, system incompatibilities and a lack of skills—offering opportunities to security service providers.

The Cost of Breaches

22% of breached organizations lost customers, 29% lost revenue and 23% lost business opportunities.

Biggest Security Obstacles

• Budget: 35%

• Compatibility Issues: 28%

• Lack of trained personnel: 25%

• Certification requirements: 25%

Complex Security

65% of the organizations surveyed use from six to more than 50 security products.

Operational Impact

Nearly 30% of systems were impacted for 61% of organizations during a security breach. Systems were down from 1 to 8 hours for 65% of organizations.

Cloud Risks

27% of employee-introduced third-party cloud applications were categorized as high risk and created significant security concerns.

Old Is New Again

Adware infected 75% of organizations, 65% of email is spam and 8% of spam is malicious.

Lagging Vigilance

44% of security alerts are not investigated, and 54% of legitimate alerts are not remediated.

Outsourced Services

• Advice and consulting: 51%

• Auditing: 46%

• Incident response: 45%

• Monitoring: 45%

• Threat intelligence: 41%

Cost Savings

52% of the security professionals surveyed said they outsourced services to save costs, while 48% said they outsourced them to get unbiased insights.

Building Defenses

90% of organizations are improving threat defense technologies and processes after attacks by separating IT and security functions (38%), increasing security awareness training for employees (38%) and implementing risk mitigation techniques (37%).