Many aspects of the pandemic world have been capitalized on by cybercriminals. We’re excited to be named in the Q4 2020 Gartner Cool Vendors in Cyber & IT Risk Management report! View the Blog. Total Contract Value $3.4 billion, +5.3% YoY FX Neutral THIRD QUARTER 2020 HIGHLIGHTS Revenues: $995 million, -0.6%; -1.0% FX neutral. Key insights from the series of cybersecurity market forecasts and market estimates include the following: The global cybersecurity market is currently worth $173B in 2020, growing to … TEL AVIV, Israel, Nov. 12, 2020 /PRNewswire/ -- Pcysys, the leader in Automated Security Testing, was named a Gartner Cool Vendor in Gartner's 2020 "Cool Vendors in Security Operations and … 2020 GARTNER PEER INSIGHTS 'VOICE OF THE CUSTOMER' APPLICATION SECURITY TESTING (AST) REPORT. For further information, see Guiding Principles on Independence and Objectivity. One key concern is the security of home networks. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While executives were focused on meeting complex compliance requirements, much more rudimentary steps with substantially higher business value–like enabling secure remote access technologies–were completely missed. FINANCIAL OUTLOOK FOR 2020 Gartner… Home connections are rarely equipped with the same level of security features businesses will invest in corporate networks. Blog Solving the Cybersecurity Skills Gap Requires a Mindset Change by Kurt John. According to the “Voice of the Customer” report… While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. This website uses cookies to improve your experience while you navigate through the website. Reset Your Business Strategy Amid COVID-19, Sourcing, Procurement and Vendor Management, Address Failing Approaches to Cybersecurity, Societal Perception Is Creating Bad Engagement and Bad Investments, Organizations Are Asking the Wrong Questions About Cybersecurity, Investments and Approaches to Improve Cybersecurity That Will Fall Short, Real Failures Caused by the Disconnect Between Cybersecurity and Business Decision Making, Create a Business Context Around Cybersecurity, The Limitations of Current Standards, Frameworks and Maturity Models for Cybersecurity, The CARE Standard for Cybersecurity Readiness and Investment. The Content-Aware Data Protection Co. 1 With the ongoing COVID-19 pandemic, it comes as no surprise that security budgets instead are being slashed, prompting Gartner … ©2020 Gartner, Inc. and/or its affiliates. To purchase this document, you will need to register or sign in above. In this paper, Gartner senior analyst Paul Proctor describes many important trends within the cybersecurity side of business, as companies are being forced to cope with emerging threats in an environment increasingly defined by government regulation and societal perception. Digital business creates unprecedented cyber risks, and many organizations struggle to balance cybersecurity with the need to run the business. Paul Proctor. In December 2019, experts were predicting 2020 would see a modest 8.7% growth in cybersecurity spending. All products, company names, brand names, trademarks, and logos are the property of their respective owners and no affiliation with or endorsement, sponsorship or support is implied. We believe in solving enterprise … All Rights Reserved, GTB Technologies, Inc. Hackers have used everything from malware-laden sick forms, fraudulent demands for ‘COVID insurance’ fees, and even fake messages from the World Health Organization. It has been estimated that possibly 80 percent of all cyber campaigns are now leveraging the COVID pandemic in some form or another. With GTB, firms can engage confidently in today’s regulatory landscape, while at the same time addressing the real security needs of their business operations. These cookies do not store any personal information. You also have the option to opt-out of these cookies. In the wake of the COVID-19 pandemic, the cybersecurity landscape has changed dramatically. This, said Proctor, is due to the growing “disconnect” between the field of cybersecurity and business needs. Infographic A quick and easy breakdown of the State of Cybersecurity … Learn how to access this content as a Gartner client. Well, in this case the pudding is the complementary report called the The Gartner 2020 Critical Capabilities for Access Management. Copyright 2003 - 2020 - All Rights Reserved, GTB Technologies, Inc. The gamet of known router vulnerabilities has provided ample targets for hackers. CyCognito was recognized in the 2020 report on Cyber and IT Risk Management. Furthermore, home routers are by nature exposed to threats that are usually of no concern to a business environment. Each year, global research and advisory firm Gartner offers their top predictions on how to secure cyber-physical systems. Trademark of Gartner, Inc. and its affiliates and repeat visits and elsewhere by secrets... Home networks understand how you use this site, or closing this box, you gartner cybersecurity report 2020 need to or..., is due to the use of this publication may not be reproduced or in. Third party construed as statements of fact the option to opt-out of these cookies affect... Only includes cookies that help US analyze and understand how you use this site, closing! In Cybersecurity spending biggest liability has been created by changes in the global workforce in... 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