Market Trends Report Archives - CISO MAG | Cyber Security Magazine https://cisomag.com/category/features/market-trends-report/ Beyond Cyber Security Fri, 25 Feb 2022 04:10:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 Market Trends Report: Global Blockchain Impact https://cisomag.com/market-trends-report-global-blockchain-impact/ Sat, 27 Nov 2021 05:30:28 +0000 https://cisomag.com/?p=21903 Blockchain technology has sparked interest across all industry types due to its prime feature of data immutability and distributed consensus helping to secure and validate data across the internet. Organizations aspire to boost their business with the help of blockchain-based solutions to increase the trust involved with the process to improve their branding. Blockchain holds […]

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Blockchain technology has sparked interest across all industry types due to its prime feature of data immutability and distributed consensus helping to secure and validate data across the internet. Organizations aspire to boost their business with the help of blockchain-based solutions to increase the trust involved with the process to improve their branding.

Blockchain holds the solution for most information security, transparency, integrity, and trust challenges. With such developments taking place in the digital environment, it is imperative for business and blockchain enthusiasts to understand the impact of emerging technology in the industry.

blockchain survey reportTo understand the trends and challenges involved with integrating blockchain-based technology with their supply chain, CISO MAG, in collaboration with EC-Council’s CBP (Certified Blockchain Professional), conducted the survey “Global Blockchain Impact.” The market report inquiries professionals and leaders from institutes that have or are in the process of implementing blockchain-based solutions tailored to their business needs.

The survey aims to assess the state of the integration process through enquiring the state of associated elements such as skill employment, budget, business impact, use case, challenges, standard practice, solution development, etc.

Key Findings

  • Nearly 40% of the respondents are investigating blockchain implementation possibilities.
  • Nearly 35% of the organizations have developed budgets for blockchain-based solutions.
  • According to more than a quarter of the respondents, the banking industry stands to gain the most benefits.
  • Nearly 42% of the organizations lack skilled cybersecurity professionals with experience in securing blockchain-based architecture and assets.
blockchain survey reportTo view the complete analysis and reportage, hit the download button now!

 

Check out our other Market Trends Reports here.

 

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Security Intelligence Report: CISO Point of View – Analysis of Storage & Backup Security in the Financial Services & Banking Sector https://cisomag.com/security-intelligence-report-ciso-point-of-view-analysis-of-storage-backup-security-in-the-financial-services-banking-sector/ Sat, 23 Oct 2021 05:30:17 +0000 https://cisomag.com/?p=19860 Cyber-protected storage has been gaining more attention with all the news around data storage hacks, ransomware attacks, and immutable storage erased in the banking and financial services sector. In the security architecture, the storage and backup environment act as the last line of defense. The fact that so many victims eventually choose to pay the […]

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Cyber-protected storage has been gaining more attention with all the news around data storage hacks, ransomware attacks, and immutable storage erased in the banking and financial services sector. In the security architecture, the storage and backup environment act as the last line of defense. The fact that so many victims eventually choose to pay the ransom gives rise to serious concerns about the market’s storage and backup security maturity.

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Security Intelligence Report: CISO Point of View Fueled by the expansive media coverage and dramatic financial repercussions of data-centered crimes, organizations, vendors, and regulators alike are in a race to identify and close the gap. Intending to address this gap, a collaborated effort between CISO MAG and Continuity™ produced a structured survey to analyze the market maturity, challenges, and gaps. Conducted between June and August of 2021, the analysis of responses by banking and financial service experts revealed that very little work had been done to address the need for storage security.

Some of the key findings from the survey are:

  • More than two-thirds of the respondents believe an attack on their storage environment will have a ‘significant’ or ‘catastrophic impact.
  • Almost 60% of the respondents are not confident in their ability to recover from a ransomware attack.
  • The significance of securing storage and backup systems is widely recognized by Infosec and GRC teams alike. Over two-thirds of the respondents mentioned it had been addressed explicitly in recent external audits.
  • And yet, storage and backup systems are the two lowest focus areas of organizations’ vulnerability management programs.
  • Continuously changing priorities, organizational silos, and lack of skilled personnel were chosen to be the most prominent challenges to achieving practical storage and backup security.
Security Intelligence Report: CISO Point of ViewTo view the complete analysis and reportage, hit the download button now!

 

 

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Market Trends Report: Cloud Forensics in Today’s World https://cisomag.com/market-trends-report-cloud-forensics-in-todays-world/ Sat, 16 Oct 2021 05:30:56 +0000 https://cisomag.com/?p=19708 Cloud computing is transforming digital and IT infrastructure at an astounding pace. The pandemic and changing business models have prompted many businesses to migrate their digital operations and storage to the cloud. Today, it is common practice for an organization to adopt a hybrid, multi-cloud approach. From a security perspective, cloud technology poses many challenges […]

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Cloud computing is transforming digital and IT infrastructure at an astounding pace. The pandemic and changing business models have prompted many businesses to migrate their digital operations and storage to the cloud. Today, it is common practice for an organization to adopt a hybrid, multi-cloud approach.

From a security perspective, cloud technology poses many challenges for cybersecurity leaders. One such issue is cloud forensics; scaling the traditional digital forensics process in a multi-jurisdictional and distributed cloud environment has become a challenging task.

The complex nature of the cloud poses multiple challenges to traditional forensics. It has become imperative for security leaders to understand the state of the cloud from the perspective of existing challenges and trends to develop solutions for the further development of information security against current and future threats.

The cloud offers various architectures, service models, processes, and continuously changing paradigms. So, it is challenging for investigators to gain access to data and resources required for forensics – the “artifacts,” as they call it. That includes registry keys, files, timestamps, and event logs. This is digital evidence that can be used in a court of law for criminal litigation.

market tresnds report on cloud forensicsThis Market Research Report titled “Cloud Forensics in Today’s World” is based on a survey conducted by EC-Council’s Cyber Research team. It is backed by the insightful perspectives of industry experts towards various trends and challenges particularly, with digital forensics in a cloud environment.

Key Findings:

  • Both multi-tenancy-related privacy issues and distributed data location were considered equally challenging by one-fourth of the respondents.
  • More than half of the respondents believe the hybrid cloud deployment model presents the most challenges towards cloud forensics.
  • Nearly 40% of the respondents say that a lack of channels for international communication contributes significantly to the legal challenges faced by cloud forensics.
  • There is a growing demand that the SLA should mention when and what data to collect, its purpose and legal liabilities.
  • FaaS (Forensics as a Service) is the most anticipated trend towards improving the cloud forensics domain.
market tresnds report on cloud forensicsTo view the complete analysis and reportage, hit the download button now!

 

Check out our other Market Trends Reports here.

 

 

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Market Trends Report: Implementing Digital Forensics in Emerging Technologies https://cisomag.com/market-trends-report-emerging-technologies-in-digital-forensics/ Sat, 09 Oct 2021 05:30:44 +0000 https://cisomag.com/?p=19550 Computer Forensics is now known as Digital Forensics and the task of uncovering digital evidence is more challenging than ever. It now involves governments and multiple jurisdictions. Today, forensic experts would need to travel to different countries to find digital evidence, as cybercrime is performed across borders. And emerging technologies like blockchain are making the […]

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Computer Forensics is now known as Digital Forensics and the task of uncovering digital evidence is more challenging than ever. It now involves governments and multiple jurisdictions. Today, forensic experts would need to travel to different countries to find digital evidence, as cybercrime is performed across borders. And emerging technologies like blockchain are making the task more difficult.

In pursuit of finding digital evidence, forensics experts would be led to the Dark Web, which is akin to going underground, incognito, to look for criminals and to find clues.

The explosion of data and the growing number of mobile phones and IoT devices also pose challenges. And if the digital evidence is on a cloud service provider’s platform, investigators would need a warrant from the court to access it.

Emerging technologies and borderless cybercrime have made Digital Forensics more challenging than ever.

So how do we counter all this with a completely different strategy?

digital forensics market trend reportTo better understand the challenges and state of readiness in implementing Digital Forensics in emerging technologies, CISO MAG, in collaboration with EC-Council’s CHFI (Computer Hacking and Forensic Investigation), launched a Technology Trends Survey in April 2021. The report offers an in-depth analysis of how important it is to incorporate the effects of digital forensics on emerging technologies into the curriculum of digital forensic education.

This survey is oriented towards skills, training and industry opportunities, specifically for digital forensics. The aim of this survey is to better understand the forensic readiness and challenges of implementing digital forensics in emerging technologies. The widespread adoption of technologies such as the Internet of Things (IoT), cloud computing, mobile and web applications has changed the way data is being processed and stored. From the perspective of cybersecurity education in digital forensics, this survey attempts to gauge the upcoming challenges that will arise upon the deeper integration of digital forensics with these technologies.

This exclusive report based on the survey showcases the viewpoints of industry experts and their perspectives from across the table.

Key findings

  • 94.83% of the respondents believe that cloud computing technology and its corresponding cloud forensics will have a greater impact on digital forensics education in the future.
  • 60.51% of the respondents feel that gaining evidence files of around 50 GB for digital forensics study and research, will be extensively or quite helpful, as there is a general lack of high-volume data in forensics for the purpose of study and practice.
  • 52.40% of the respondents believe that smartphones connected to, or as an IoT device will be the most challenging while performing IoT forensics.
  • 39.11% of the respondents believe that performing forensics of a network is the most challenging task when conducting TOR forensics.
  • 86.72% of the respondents believe that analyzing and decrypting will be the widely used methods for dealing with the anti-forensics technique of encryption.

    To view the complete analysis and reportage, hit the download button now!

Check out our other Market Trends Reports here.

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Market Trends Report on Confidence in Hiring – 2021 https://cisomag.com/market-trends-on-cybersecurity-hiring/ Tue, 08 Jun 2021 13:40:58 +0000 https://cisomag.com/?p=14057 The concept of cybersecurity is about solving problems. These can be problems related to sensitive data, financial data, seamless workflow, functions, or simply network-related security issues. However, there is one problem that has been dwarfing the growth of cybersecurity itself— shortage in the skilled workforce. An industry report estimates there will be more than 4 […]

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The concept of cybersecurity is about solving problems. These can be problems related to sensitive data, financial data, seamless workflow, functions, or simply network-related security issues. However, there is one problem that has been dwarfing the growth of cybersecurity itself— shortage in the skilled workforce.

An industry report estimates there will be more than 4 million unfilled cybersecurity jobs globally by 2021, up from 1 million openings in 2014. Statistics suggest that although employment figures from the U.S. are high (715,000), yet currently there are 314,000 vacant positions that need to be filled up immediately. The most alarming cybersecurity talent shortage though is seen in Europe, where 48% believe finding a perfect match for this role is a rare possibility. Talking about the numbers game, cybersecurity job openings in India have had a huge boost in recent years. But with the high demands of a rapidly growing digital economy, 1 million cybersecurity positions are set to remain void.

Market Trends on cybersecurity hiringThus, with a view of understanding the expectations of the evolving cybersecurity industry and to arm the potential candidates with what it takes to break open their way into this domain, CISO MAG and EC-Council University (ECCU) conducted a “Market Trends Survey on Confidence in Hiring”. The survey which was vetted by industry experts, advocates, and EC-Council University’s world-renowned faculty was conducted among our academic partners, known CISOs, and those responsible for hiring in organizations.

 Some of the key findings from the survey are: 
  • The top three qualities for hiring for cybersecurity roles include problem-solving abilities, technical skills, and knowledge of multiple disciplines.
  • 16% of respondents said engineers and technical personnel find it difficult to settle into leadership roles as they climb the career ladder.
  • Certifications not only validate the knowledge of a candidate but also create confidence in the ability to meet security challenges.
  • 80% CISOs feel Human Resources’ lack of understanding of cybersecurity job descriptions/ job roles is their biggest hiring pain.

Market Trends on cybersecurity hiringKnow more in-depth and valuable insights of how to achieve “Confidence in Hiring” by downloading the complete report here!

 

 

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Market Trends Report on Endpoint Security – 2020 https://cisomag.com/ciso-mag-market-trends-report-on-endpoint-security-2020/ Sun, 24 Jan 2021 04:00:26 +0000 https://cisomag.com/?p=9514 With organizations going remote in the year 2020 thousands of desktops, workstations, laptops, mobile phones, tablets, access points, printers, IP-cams, USB devices, cloud VMs, and virtual desktops, which previously acted as personal devices and machines, suddenly became Endpoints of the corporate world. Thus, the need for endpoint security became of paramount importance, now more than […]

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With organizations going remote in the year 2020 thousands of desktops, workstations, laptops, mobile phones, tablets, access points, printers, IP-cams, USB devices, cloud VMs, and virtual desktops, which previously acted as personal devices and machines, suddenly became Endpoints of the corporate world. Thus, the need for endpoint security became of paramount importance, now more than ever.

The global endpoint security market is projected to reach $30.83 billion by 2027, growing at a CAGR of 8.68% from 2020 to 2027.

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A key trend from an earlier study by CISO MAG pointed that endpoint protection is now moving to the cloud, with SaaS-based services for monitoring endpoints.

The demand for endpoint security services also increased as cloud security improved. The report concluded that organizations are increasingly adopting advanced endpoint security solutions to counter the increased sophistication and volume of threats to endpoints.

To get a better understanding of the current trends, CISO MAG conducted a Market Trends Survey on Endpoint Security in December 2020. This survey has been formulated into a Market Trends Report and offers an in-depth analysis of the global market trends in Endpoint Security along with qualitative and quantitative analysis, history, and estimated projections about the market size and share during the forecast period.


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Market Trends Report on Data Security – 2020 https://cisomag.com/data-security-market-trends-report-2020/ Thu, 08 Oct 2020 10:15:12 +0000 https://cisomag.com/?p=7271 Organizations around the globe are investing heavily in the cybersecurity quotient of its IT infrastructure to protect their critical assets. Arguably, with the unprecedented shift towards digitization and cloud technologies, data in any form is now considered “the new oil.” A 2019 Netflix documentary, “The Great Hack,” declares that personal data has surpassed oil as […]

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Organizations around the globe are investing heavily in the cybersecurity quotient of its IT infrastructure to protect their critical assets. Arguably, with the unprecedented shift towards digitization and cloud technologies, data in any form is now considered “the new oil.” A 2019 Netflix documentary, “The Great Hack,” declares that personal data has surpassed oil as the world’s most valuable asset. It warned viewers that companies and governments are hacking more than computers, “it’s our minds that they are into.” CISO MAG editors wanted to probe deeper and offer its readers perspectives on the state of Data Security.

Data needs to be protected at rest, in transit, and even while it is being processed in memory. Today, GDPR, CCPA, and other regulations make data protection mandatory. Organizations have a responsibility to protect customer data, personally identifiable information, confidential data, intellectual property, and transactional data. Governments need to protect state secrets. Data sovereignty and data residency are on the compliance checklist.

CISO MAG 2020 Market Trends Report on Data Security - 2020

Governments, CISOs, and CDOs (Chief Data Officers) must take a holistic approach and ensure Data Security, Data Governance, and Data Integrity through compliance and policies. They must ensure that data access is strictly on a need-to-have basis. These are the tenets for customer trust, loyalty, and the reputation of an organization.

Data has become worthy, smart, and intelligent, however, with every set of pros come the cons. This CISO MAG Market Trends Report 2020, brings to the fore a viewpoint of the industry experts and their perspective from across the table.

To view the complete analysis and reportage, hit the download button now!

CISO MAG 2020 Market Trends Report on Data Security - 2020

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