So, your company received a cybersecurity assessment to identify gaps and risks within your network, but now, you’re left wondering how to create an actionable plan with this new knowledge. Simply identifying the issues isn’t enough to keep the hackers away once they discover vulnerabilities to exploit. The first thing you need to do is bridge the gap between a cybersecurity assessment and what it is to be a secure business. It’s important to remember, good cybersecurity is never complete and shouldn’t be a one-time response to an assessment.
Cybersecurity is recognized as one of the fastest-growing technology markets globally. According to Gartner, enterprise spending on cloud security solutions is predicted to increase from $636M in 2020 to $1.63B in 2023, attaining a 26.5% compound annual growth rate (CAGR).
Historically, if your company wanted to implement DDoS mitigation tactics, you were left justifying a quarter-million-dollar expenditure just to scratch the surface of network protection.
The world continues to ramp up its technological footprint, which in turn creates more ways to access the Internet of Things (IoT) from home and work. More technology inevitably leads to more technological threats looking to take advantage of holes in network infrastructure. “Globally, there was a 776% growth in attacks between 100 Gbps and 400 Gbps Y/Y from 2018 to 2019, and the total number of DDoS attacks will double from 7.9 million in 2018 to 15.4 million by 2023,” according to Cisco’s Annual Internet Report (2018-2023). For a bad actor with a vengeful motive, a DDoS attack can be very attractive because it is very inexpensive.