Companies like yours are investing in cybersecurity tools more than ever as cyber criminals continue to outpace technology. Global spending on cybersecurity products and services, according to Cybersecurity Ventures, will exceed $1 trillion by 2021.
But why the disconnect between spending and successful prevention?
It’s relatively simple when you look at the current IT budgets: the majority of current spend is to defend against the minority of the attacks. The battle has changed yet the defense spending has not.
Many security and compliance tools focus on protecting the perimeter, managing endpoints, and patching system vulnerabilities. But cybercriminals don’t target technical vulnerabilities—they target people.
Today’s advanced threats lure users to click on a link or open an email attachment by playing on the human tendency to trust. They trick customers into taking advantage of an online discount or successfully convince employees to open a resume or wire money by spoofing the identity of a trusted company executive
In this new attack environment, traditional solutions simply do not suffice.
Adding more complexity to today’s security challenge is the fact that digital transformation has moved both data and attacks to the cloud. Legacy technologies do not grant the threat intelligence or preventative action needed to effectively combat today’s advanced threats.
So what is the best way to fight back? Crafting a security strategy that protects your people first rather than the technology they use is the first step.
In our new guide, Cybersecurity for the Modern Era, we reveal what it takes to build an effective people-centric strategy. Get your copy here to learn who is targeted at your company, how to combat threats before their reach your users, and what it takes to mitigate damage from attacks that inevitably will.