Organizations seek solutions and vendors, prioritizing security innovations in a fastly-evolving threat landscape.
According to an Intel Corp study, businesses value security innovations when buying services and technologies, particularly at hardware levels.
The study further reported that about 64% of participants claim their companies are likely to buy services and technologies from tech providers leading the security innovation race. This survey was conducted in Europe, Latin America, Africa, the Middle East, and the US, with 1406 individuals who have a major say in their organization’s decision-making about investing in security techs.
The study’s findings
Here are the top ‘focused’ fields for security innovations within companies:
- Security automation (41%)
- Cloud migration (40%)
- Security at a silicon level (40%)
- Training and education (38%)
Reflecting remote working and changing times, more than 50% of participants said their companies refreshed their securities due to the Coronavirus outbreak.
Out of 36% of companies utilizing hardware-assisted solutions, about 85% claim firmware or hardware-based security solution is an increasingly high priority for the organization. Also, two-thirds of respondents claim vendors must provide software and hardware-assisted security competencies.
As per Intel Corp, organizations are ready to spend more than $170B in 2022 to improve their cyber-security commitments and measures. Companies acknowledge that hardware-assisted capabilities are vital for strong security strategies, with many seeking transparent tech providers to deliver innovative security products.
Intel’s VP of Product Security and Assurance, Suzy Greenberg, stated:
“The security threat landscape continues to evolve, becoming more sophisticated and challenging for organizations to defend against.”
“Today more than ever, companies are demanding assurance capabilities and hardware-enhanced security solutions that help protect the entire compute stack.”
This survey also talks about transparency and zero-trust transparency, and security trends. Out of 36% of companies utilizing hardware-assisted innovative security solutions, more than 30% have applied zero-trust infrastructure strategies; some 75% of participants showed how much they look up to “zero-trust” models due to the increase in remote working.