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Tufin: Ponemon research - businesses to invest $172b on cybersecurity in 2022

April 2022 by Nick Lowe, VP EMEA Tufin

According to research published in April by the Ponemon Institute, on behalf of Intel, businesses will invest $172 billion in cybersecurity in 2022.

But surprisingly only 53% of respondents said they refreshed their existing cybersecurity strategies due to the pandemic - which may signal a disconnect between the way businesses invest in cybersecurity and the realities of complex security operations.

Expert Comment from Nick Lowe, VP EMEA Tufin, who pioneer a policy-centric approach to security and IT operations.

“This research reveals a worrying trend for businesses to invest in cybersecurity measures that are not built on a solid foundation.

Rule review and accurate definition of security posture is the first step - because a unified security policy is at the heart of a robust security posture. Businesses must update security policies on a regular basis - and to do so they need policy automation that can apply consistent rules and policies across the network. So it’s no surprise that this Ponemon report also revealed that security policy automation is the number one area of industry innovation.

The challenge for businesses today is to ensure continuous compliance and mitigate against risk even while networks and IT operations are increasingly complex. Investing in tools and applications that provide deep, integrated and customized automation lets organisations simplify security policy creation and implementation and gives more visibility and control – reducing breach likelihood and helping them maintain a strong security posture.”


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