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CybersecuritySecurity NewswireCybersecurity NewsBanking/Finance/Insurance

More than 70% of companies increased spending on proactive security

By Security Staff
Pile of money

Image via Unsplash

June 18, 2024

Research from Titania shows that more than 70% of organizations are increasing spending on proactive security solutions. These solutions include attack surface management and risk-based vulnerability management, and according to the research, these investments outpace investments in preventative and reactive solutions. 

The research also indicated the importance of consolidating proactive security tools. According to the organizations surveyed, the most crucial included improved attack surface visibility and management (65%), increased security control optimization (60%) and better manpower productivity (54%). Furthermore, the survey found that the most essential proactive security capabilities were the ability to view risks through a range of attack frameworks (61%), complete asset context (60%) and the implementation of temporary mitigations by integrating with an existing security fabric (57%). 

Key findings from the research include: 

  • 47% of organizations report that the top cybersecurity goal for the next 12 to 24 months is to reduce threats with proactive security solutions. 27% of organizations intend to improve tactical outcomes (including increased threat detection, prevention and response). 
  • 48% of respondents predict organizational disruption due to the adoption of proactive security solutions. 
  • There is a high level of confidence in firewalls and routers. The report found 6% of financial institutions proactively assess firewalls and 4% proactively assess routers.
KEYWORDS: firewalls proactive security router security security investment security solutions security tools

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