With the cyber-threat landscape evolving with time, we are continually witnessing newer strains of malware attacking IT security networks. Needless to say, organizations are losing their ground, and it’s time they address the issues at hand by innovating the existing cybersecurity technologies. Combating the growth of cyber-attacks is only possible if enterprises are willing to invest in newer forms of security standards which are integrated with machine learning as well traditional cybersecurity solutions.
Cybersecurity Investing: Navigating through the Basics
Before we start enlisting the reasons why companies should invest in evolving cybersecurity technologies, it would be fitting enough to revisit the fact that the Venture Capital Firms willingly invested around $3.1 billion in 2016— spanning across 300 cybersecurity startups. This statistic readily validates our faith on the innovative security options in hand. It must be understood that investments, related to the cybersecurity technology are targeted and specific to a considerable extent. Moreover, data breaches and ransomware threats might have catastrophic repercussions, but they also open gates for the niche investors— offering lucrative investment opportunities. Therefore, the majority of Venture Capitalists are considering new cybersecurity trends, data protection techniques, and artificial intelligence as the go-to opportunities for solving diverse forms of cyber-threats.
Lastly, with the economy strengthening considerably, companies currently have larger budgets which can be allocated towards improving their existing cyber defense system.
Evolving Cybersecurity Trends which are Great Investment Opportunities
The existing cybersecurity technologies need to grow at a rapid rate to stand a chance in front of the innovative cyber-threats. However, there are certain trends which are already evolving and will certainly stop the hackers from reigning supreme, within the next few years.
In the years to come, cybersecurity will use big data analytics, intelligence and machine learning for automatically detecting threats. Automation, if invested in, will proactively work towards correlating cybersecurity campaigns and exposing threats even before an attack is initiated. Once identified, the existing security solutions can block the risk and subsequent security incidents. Automation brings forth analytical capability and threat intelligence into the mix; thereby vaccinating the networks against lingering infections.
Majority of Venture Capitalists are rooting for Blockchain as the new face of cyber-threat management. This concept works more like a distributed form of ledger system where data is recorded and bound by cryptographic hash; thereby guaranteeing identity and integrity of the appended content. Blockchain thrives on decentralized validation and will surely make way for some impenetrable data systems, in the near future.
A validated reason for investing in evolving cybersecurity technologies is the convergence, resulting in the overall unification of technologies via collaboration. The convergence of skills, technologies, and data can kick-start a revolution, rendering comprehensive visibility to the organizations for spotting cyber-threats.
4. Skill Sets
In the existing IT framework, the cyber-skill gap is evident. Therefore, it is the responsibility of the organizations to invest more in improving the skill sets. The best way of approaching this would be via T-level introduction and mass investments which in turn would increase the development and internal training opportunities. In the next few years, organizations will pay a fortune to plug the skill gap, and therefore it is the right time to take this as an investment opportunity.
It is important to understand why investing in the evolving cybersecurity technology is the way to go. Organizations are finding it hard to deal with the growing IoT exposure, ransomware threats, and compliance issues. The existence of redundant security technologies is slowing their progress, and therefore it is essential that investments pour in, precisely for strengthening the futuristic face of cybersecurity.
Organizations must keep their faith in companies like Seqrite and invest in their services for staying afloat in this murky world of cyber-threats. Be it database security essentials or something as evolved as endpoint security, companies like Seqrite validate the trust of organizations and customers by keeping up with the evolving cybersecurity requirements.