Thu. Sep 19th, 2024
Survey Results by Seemplicity

Companies are significantly increasing their budgets for cybersecurity, according to a survey conducted by cybersecurity provider Seemplicity. The survey, which included responses from 300 cybersecurity experts, revealed that organizations are allocating more resources to address the growing importance of cybersecurity. This trend indicates a heightened awareness of cybersecurity needs within organizations.

Seemplicity’s survey also explored experts’ perceptions on various topics, including vulnerability and exposure management, automation, artificial intelligence, and compliance. The increase in cybersecurity budgets this year underscores the critical importance of cybersecurity in organizations and the growing need to protect against digital threats.

Complexity and Noise in Cybersecurity

According to a report by Help Net Security, organizations use an average of 38 different security vendors, highlighting the complexity and fragmentation of attack surfaces. This complexity adds to the challenges faced by cybersecurity professionals, with 51% of survey participants reporting that they are overwhelmed by the volume of alerts, notifications, and findings they receive.

As a result, 85% of respondents struggle to manage this noise effectively. The overwhelming number of alerts can lead to missed critical threats, demonstrating the need for better solutions to manage this flood of information.

Automation and AI in Vulnerability Management

To reduce noise and improve efficiency, 97% of respondents rely on automation in vulnerability management. This includes automating vulnerability scans (65%), prioritizing vulnerabilities (53%), and defense processes (41%). Automation helps streamline these tasks, making it easier for cybersecurity teams to respond to threats more effectively.

For 65% of participants, the greatest benefit of automation is its ability to provide faster responses to new threats. However, 44% of respondents still rely on manual methods, indicating potential barriers to full automation adoption.

Investment in Artificial Intelligence

Looking ahead, 85% of companies plan to invest more in artificial intelligence (AI) over the next five years. Participants believe that AI has the greatest potential impact in the initial stages of vulnerability management. By leveraging AI, organizations aim to enhance their ability to detect and respond to threats more efficiently.

Furthermore, 64% of respondents view AI as a critical weapon against malicious actors and are optimistic about its potential to bolster IT protection capabilities. This belief in AI’s potential highlights its growing importance in the cybersecurity landscape.

Summary
  • Companies are increasing their cybersecurity budgets, indicating a rising awareness of its importance.
  • Organizations use an average of 38 security vendors, leading to complexity and fragmentation in attack surfaces.
  • 51% of cybersecurity experts are overwhelmed by alerts and notifications, with 85% struggling to manage this noise.
  • 97% of respondents rely on automation for vulnerability management, with faster response times being a key benefit.
  • 85% of companies plan to invest more in AI, with 64% viewing it as a critical tool against cyber threats.