- 5% of annual income is threatened by fragmented cybersecurity solutions, he reports
- Leaders are under pressure to reduce costs without compromising security positions
- Half of executives say that fragmented solutions prevent them from innovating
Companies are losing an average of 5% of their annual income simply due to fragmented cybersecurity solutions, according to new research.
An IBM and Palo Alto Networks report found that more than half (52%) of the now state executives of fragmented solutions are preventing them from innovating and administering cyber threats efficient greater safety and financial efficiency.
The three quarters now agree that a better security integration is crucial for digital transformation and continuous governance, so the need to eliminate obstacles is vital.
Companies are fighting with cybersecurity
Four out of five executives now face pressure to reduce safety costs at the time that simultaneously improve their safety positions, but two out of five (41%) say that fragmentation has increased their acquisition costs. Half (52%) also points out that complexity is the greatest obstruction for its cybersecurity operations.
“Security executives must allow innovation, protect assets and obtain value of their cybersecurity investments to help their organizations prosper and promote their commercial objectives,” said IBM’s global managing partner for cybersecurity services Mark Hughes.
The report reveals how the platform can address many of the obstacles that companies face today: “Consolidate multiple tools on a unified platform not only reinforces the security posture, but also allows organizations to experience up to four times a better return on investment From their cybersecurity investments, “the companies,” the companies said in the statement.
Four in five adopters of the platform say they have a total visibility of possible vulnerabilities and threats, while the same number of non -planning organizations says that their security operations cannot effectively deal with the number of threats and attacks they face.
“We have seen the positive impacts of adopting a platform security approach and the benefits of what it offers to organizations. In today’s world, strong associations are more essential than ever, “added the president of Palo Alto Networks for next -generation security, Karim Temsamani.
The two companies say that companies must choose partners that rationalize security operations, carry out incident response drills to evaluate the effectiveness of their platforms and continue to educate around cybersecurity to stay at the forefront of the curve.
