Organizations Move Towards Consolidated Cybersecurity Platforms
2024-12-04
Discover the shift towards cybersecurity platforms and the opportunity to capture market share as organizations streamline their security tools, with Check Point positioned as a key player.
Cybersecurity leaders are overwhelmed by the number of security tools they manage, with most organizations operating between 21 to 50 tools. Although three-quarters want to reduce this number, 87% have added more tools in the past year due to the expanding threat landscape. The transition to streamlined cybersecurity platforms is expected over the next three to five years as existing contracts end. Key players like CrowdStrike, Palo Alto Networks, Fortinet, and Check Point are poised to benefit from this shift, though a diverse vendor ecosystem remains important.
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Cybersecurity Platforms, Tool Consolidation, Threat Landscape, Check Point, Market Opportunities
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CrowdStrike, Palo Alto Networks, Fortinet, Check Point
Cybersecurity leaders are currently grappling with an overwhelming number of security tools, highlighting a significant challenge in managing the evolving threat landscape. A recent survey by Omdia, presented at Black Hat USA 2024, revealed that organizations typically operate between 21 to 50 different cybersecurity tools. Despite a strong desire to reduce this number, 87% of organizations have added even more tools over the past year in response to escalating cyber threats. Organizations are struggling to manage the complexity and inefficiency that come with operating numerous security products. The addition of new tools often complicates existing systems rather than simplifying them. Maxine Holt, head of the Omdia cybersecurity research group, explained that simply replacing one tool with another is not a straightforward process. This complexity underscores the need for a more streamlined approach. The survey suggests that organizations will begin transitioning to comprehensive cybersecurity platforms over the next three to five years, as existing contracts expire. This shift is expected to simplify security operations by consolidating multiple tools into a single platform. Major cybersecurity firms such as CrowdStrike, Palo Alto Networks, Fortinet, and Check Point are well-positioned to gain market share during this transition period. These companies are expected to play a crucial role in providing integrated platforms that can address the diverse needs of organizations seeking to streamline their cybersecurity efforts. However, maintaining a healthy ecosystem of diverse vendors is also emphasized as important for innovation and choice in the market.The Shift Towards Cybersecurity Platforms
The Challenge of Tool Overload
Transitioning to Cybersecurity Platforms
Market Opportunities for Key Players
https://www.darkreading.com/cloud-security/rise-of-cybersecurity-platform-news-desk-black-hat-2024