While examining the future landscape of security services, it is essential to remain adaptable to technological changes and evolving threats. The growing impact of artificial intelligence (AI), Internet of Things (IoT), and cloud technologies highlights the necessity for flexible strategies. Managed services are vital for addressing the cybersecurity talent shortage by concentrating on proactive defense and incident response. To navigate the ever-changing threat landscape effectively, embracing agility, automation, and holistic approaches becomes crucial.
Frost & Sullivan’s recent Shared Mobility Think Tank delved into the realm of – How Will the Security Services Industry Evolve in the Next Two to Five years? This engaging discussion yielded pivotal contributions shaping the industry’s future, thanks to the collaborative efforts of visionary experts.
The following experts evaluated the primary challenges, growth opportunities, and examined the role that various stakeholders will play in shaping the industry’s trajectory: Lucas Ferreyra, Growth Expert and Senior Industry Analyst at Frost & Sullivan; Claudio Stahnke, Growth Expert and Industry Analyst, Cybersecurity, at Frost & Sullivan; and Feras Tappuni, Chief Executive Officer and Founder at SecurityHQ.
Gain valuable perspectives from these experts by clicking here to access the recorded session of this Webinar.
Strategic Budgeting through Outsourcing: Allocating limited cybersecurity budgets by outsourcing to managed security service providers (MSSPs) for maximizing the effectiveness of spending by addressing specific security concerns unique to each organization. Is your organization leveraging MSSPs to address unique security concerns and seize growth opportunities?
Aligning Cybersecurity Outcomes with Business Goals: Emphasizing the role of SSPs in framing cybersecurity discussions within the context of broader business objectives. By aligning these aspects, organizations can enhance their overall strategic alignment. How do your teams align cybersecurity efforts with business goals and address the communication gaps between IT professionals and budget decision makers?
Tailoring Solutions to Regional and Vertical Needs: Recognizing the diverse cybersecurity requirements across different regions and industries. It underscores vendors’ understanding of various Cybersecurity requirements and capacity to cater to these specific needs, unlocking new business opportunities by tailoring solutions to suit them. Is your company actively working towards tailoring cybersecurity solutions to meet diverse regional and vertical needs, unlocking new business opportunities?
Empowering through Employee Training: Focusing on the human factor in cybersecurity and emphasizing the role of MSSPs in providing training for employees. By promoting best cybersecurity practices, organizations can enhance their overall security posture, making their staff a valuable line of defense against cyber threats. How does your organization empower employees through MSSPs, promote cybersecurity best practices, and enhance overall security posture?
“Security is not just an option; it’s necessary in today’s global business landscape. Embracing standards like NIST 805 is akin to wearing a seatbelt in a car – it’s essential for protecting individuals and enterprises. While automation has its place in managed security, human expertise remains irreplaceable, especially in decision making and incident response. As we navigate the evolving landscape of AI and cybersecurity, prioritizing the basics and staying ahead of perpetrators’ use of AI will be critical.”
Claudio Stahnke, Industry Analyst at Frost & Sullivan
