Applying the Lessons Learned from 2022 Is Vital for Security Service Providers to Secure Growth in 2023
Description
Applying the Lessons Learned from 2022 Is Vital for Security Service Providers to Secure Growth in 2023
This IDC Market Perspective discusses the results of a series of interviews that IDC had with 20 security service providers (SSPs) in the fall of 2022 to better understand what their customers and prospects were turning to them to help them solve. Many of the market demands from 2022 are carrying over into 2023, with the extra complication of increased regulations and the arrival of real AI capabilities that will arm the adversary and, hopefully, provide some relief from the consistent talent shortage that SSPs and their customers consistently have suffered with."2023 begins with many of the same questions that 2022 posed a year prior. What will happen to cybersecurity budgets with the dominant narratives of economic headwinds competing with the reality of geopolitical tensions in EMEA risking the possibility of highly destructive cyberattacks," notes Craig Robinson, research vice president, Worldwide Security Services at IDC. "Security leaders struggle to staff their SOCs while dealing with the increased scrutiny and validation of their budgets that the board is requiring. SSPs need to continue to invest in the breadth and depth of their capabilities to allow their current and prospective clients the ability to keep pace with the well-armed cyberadversary."
Please Note: Extended description available upon request.
This IDC Market Perspective discusses the results of a series of interviews that IDC had with 20 security service providers (SSPs) in the fall of 2022 to better understand what their customers and prospects were turning to them to help them solve. Many of the market demands from 2022 are carrying over into 2023, with the extra complication of increased regulations and the arrival of real AI capabilities that will arm the adversary and, hopefully, provide some relief from the consistent talent shortage that SSPs and their customers consistently have suffered with."2023 begins with many of the same questions that 2022 posed a year prior. What will happen to cybersecurity budgets with the dominant narratives of economic headwinds competing with the reality of geopolitical tensions in EMEA risking the possibility of highly destructive cyberattacks," notes Craig Robinson, research vice president, Worldwide Security Services at IDC. "Security leaders struggle to staff their SOCs while dealing with the increased scrutiny and validation of their budgets that the board is requiring. SSPs need to continue to invest in the breadth and depth of their capabilities to allow their current and prospective clients the ability to keep pace with the well-armed cyberadversary."
Please Note: Extended description available upon request.
Table of Contents
9 Pages
- Executive Snapshot
- New Market Developments and Dynamics
- Interview Findings
- Talent Shortage
- Budgets
- SOC Outsourcing (and All Those Tools)
- Managed Detection and Response
- Advice for the Services Provider
- The Rise of New Technologies Such as Artificial Intelligence
- Efficiency
- Growing Importance of Threat Intelligence
- The Growing Impact of Regulations
- The Growing Cyberinsurance Interest
- Learn More
- Related Research
- Synopsis
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