Fortinet Survey reveals Cybersecurity Strategies of Indian Enterprises; dentifies cloud and vulnerability in IT systems as the two greatest concerns for IT decision makers
New Fortinet research identifies cloud and vulnerability in IT systems as the two greatest concerns for IT decision makers; uncovers trend favoring actionable threat intelligence, faster incident response and managed security services.
Patrice Perche, Senior Executive Vice President, Worldwide Sales & Support, Fortinet said, “Our independent study highlights the urgent need among enterprise-scale organizations from all sectors in APAC to prioritize end-to-end cybersecurity protection with actionable, threat intelligence capabilities in the face of new digital business challenges. Enterprises need to respond more rapidly and effectively to security breaches by investing in integrated, adaptive cybersecurity architectures for the borderless network. Fortinet is uniquely equipped to deliver this security without compromise through a seamless, comprehensive security fabric.”
New research from Fortinet, the global leader in high-performance cybersecurity solutions, has revealed the cybersecurity strategies of IT decision makers (ITDMs) at organizations with more than 250 employees across APAC including India:
• 58 percent in India and 64 percent in APAC say the best response to increased security breaches is to invest in new cyber security technologies that provide protection across the entire threat lifecycle.
• The two greatest concerns of ITDMs were securing the cloud and protecting against vulnerabilities in IT systems:
o Securing the cloud: 67 percent for the region and 73 percent of Indian respondents – the second highest in APAC.
o Protecting against vulnerabilities in IT systems: 69 percent for the region and 68 percent of Indian respondents.
• However, many see increased security breaches as a catalyst for outsourcing cybersecurity functions to a managed security service provider (MSSP). In all, the research found that within three to five years, 43 percent of Indian organizations and 38 percent in APAC could be addressing their cybersecurity priorities through outsourcing. The forecast for cybersecurity outsourcing adoption is highest in Singapore (59 percent), while in Thailand the take-up is lowest with only 30 percent of organizations expected to outsource.
In some sectors, such as healthcare, it took 53 percent of APAC respondents days, months or even years to spot breaches. Such a deficiency in rapid, effective threat identification and response is proven to be highly costly to breached organizations as sensitive data is lost, systems are compromised and brand reputation is damaged.
The survey found that, to mitigate these attacks and better protect their organizations, the number one action undertaken by ITDMs is the use of threat detection technologies (18 percent in India and 15 percent in APAC), along with cloud-based cybersecurity services (18 percent in India and 13 percent in APAC). Such capabilities are underpinned by the provision of actionable threat intelligence.
Indian respondents cited ‘improved information security strategy’ as the greatest value of threat intelligence (61 percent in India and 52 percent in APAC) followed by ‘improved prevention of attacks’ (59 percent in India and 53 percent in APAC) and ‘improved risk management’ (59 percent in India and 55 percent in APAC).
Michael Joseph, Regional Director – System Engineering, India & SAARC, Fortinet said, “IT decision makers understandably want more resources to combat threats from all directions, but the answer doesn’t have to come in the form of spending more or ripping and replacing existing solutions. Fortinet’s open, adaptive security fabric shows how enterprises can achieve true end-to-end protection with security capabilities that share intelligence across the entire attack surface. We are unique in providing the same breadth of capability and performance whether enterprises choose to retain in-house control of their own cybersecurity infrastructure, or use the services of an MSSP partner from our growing global community.”
