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Trends in Security Information
The HSD Trendmonitor is designed to provide access to relevant content on various subjects in the safety and security domain, to identify relevant developments and to connect knowledge and organisations. The safety and security domain encompasses a vast number of subjects. Four relevant taxonomies (type of threat or opportunity, victim, source of threat and domain of application) have been constructed in order to visualize all of these subjects. The taxonomies and related category descriptions have been carefully composed according to other taxonomies, European and international standards and our own expertise.
In order to identify safety and security related trends, relevant reports and HSD news articles are continuously scanned, analysed and classified by hand according to the four taxonomies. This results in a wide array of observations, which we call ‘Trend Snippets’. Multiple Trend Snippets combined can provide insights into safety and security trends. The size of the circles shows the relative weight of the topic, the filters can be used to further select the most relevant content for you. If you have an addition, question or remark, drop us a line at info@securitydelta.nl.
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Investment in innovation grows
Increasingly, the online world has grown complex and threatening. Many organizations are finding it hard to reconcile the level of their cybersecurity innovation investments with the cyber resilience outcomes for their business. Even worse, choosing the wrong strategy to invest in cybersecurity technologies can cost the organization far more than wasted cash; it can damage an organization’s brand, reputation, and future prosperity.
Both C-suite and security professionals should feel encouraged. Investment in innovation is increasing and managing the basics appears to be better. But scratch below the surface and there are hidden threats. Organizations face unsustainable costs, and security investments are often failing for the majority. With low detection rates and slow recovery times, it is important to find out what the leading organizations are doing differently to achieve cyber resilience.
The good news is that most organizations, on average, spend 10.9 percent of their IT budgets on cybersecurity programs. Leaders spend slightly more at 11.2 percent which is insufficient to account for their dramatically higher levels of performance. And their investments in advanced technologies, such as artificial intelligence, machine learning or robotic process automation, are rising substantially. Today, 84 percent of organizations spend more than 20 percent of their cybersecurity budgets on tools that use these three technologies as fundamental components. The finding represents a good step up from the 67 percent being spent three years ago. The increase is even more impressive with respect to the leaders. Three years ago, only 41 percent of leaders were spending more than 20 percent of their cybersecurity budgets on advanced technologies. Today, that has doubled, to 82 percent.