Managed Security Services On The Rise
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SecureData For more information please contact us T: +44 (0)1622 723400 E: [email protected] www.secdata.com Revenue from managed IT security services will reach US $35.57 billion by 2021 It takes 18 months for a new, in - house SOC to function well enough to deliver any value ( Forrester ) Today, 66 % of breaches take months or more to find ( Verizon ) Managing security internally costs more than US$10 per user, per month ( CRN ) A SME with 500 employees will reduce firewall expenditure 37 % by moving to a managed service ( SD ) $35.5bn BY 2021 Managed security services on the rise What ’ s driving managed security services? What ’ s driving managed security services? Cloud based security services market will exceed US $9 billion by 2017; growth of 69 % $9bn 2017 44 % of IT managers say the majority of security processing now takes place offsite • Reduced costs • Improved scalability • Enhanced security 37 % 66 % In- house IT teams are time- poor and experts are scarce IT security is becoming too complex to manage in - house, with more devices and users than ever before Tighter regulation demands improved security Some industries must provide breach notifications within 24 hours ( EU commission ) • Increased regulation • Skills shortages • Growing complexity There is a shortage of over a million cyber security experts globally ( Cisco) 1M 50 billion connected devices by 2020 ( Cisco) 50BN
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What's driving managed security services?
Transcript of Managed Security Services On The Rise
SecureData
For more information please contact us T: +44 (0)1622 723400 E: [email protected] www.secdata.com
Revenue from managed IT security services will reach US $35.57 billion by 2021
It takes 18 months for a new, in-house SOC to function well enough to deliver any value (Forrester)
Today, 66% of breaches take months or more to find (Verizon)
Managing security internally costs more than US$10 per user, per month (CRN)
A SME with 500 employees will reduce firewall expenditure 37% by moving to a managed service (SD)
$35.5bn by 2021
Managed security services on the rise
What ’s driving managed security services?
What ’s driving managed security services?
Cloud based security services market will exceed US $9 billion by 2017; growth of 69%
$9
bn
2017
44% of IT managers say the majority of security processing now takes place offsite
• Reduced costs
• Improved scalability
• Enhanced security
37%66%
In-house IT teams are time-poor and experts are scarce
IT security is becoming too complex to manage in-house, with more devices and users than ever before
Tighter regulation demands improved security
Some industries must provide breach notifications within 24 hours (EU commission)
• Increased regulation• Skills shortages• Growing complexity
There is a shortage of over a million cyber security experts globally (Cisco)
1M
50 billion connected devices by 2020 (Cisco)
50bN
