Trend Micro reveals over half of Security Operation Centers are overrun with redundant security tools

Trend Micro has revealed that global organizations have on average 29 security monitoring solutions in place, complicating Security Operations Center (SOC) efforts to prioritize alerts and manage cyber risk effectively.

The global independent research uncovered serious challenges facing SOC teams tasked with detecting and responding to emerging cyber threats. Those defending organizations with more than 10,000 employees have an average of almost 46 monitoring tools in place.

Half (51%) of respondents claimed they no longer use many of these tools for reasons including:

•Lack of integration (42%)

•Lack of skilled professionals (39%)

•Difficulty understanding how to operationalize them (38%)

•Out of date (37%)

•Don’t trust them (20%)

The potential cost of these challenges is high: Respondents said that, on average, their organization stands to lose over $235,000 if they fall foul of the GDPR due to an incident.

“Tool sprawl is increasingly common in global organizations of all sizes, but when it comes to incident detection and response, there’s a growing but sometimes unacknowledged cost associated,” said Trend Micro’s Technical Director (UK) Bharat Mistry.

The research also found that 92% of respondents have considered managed services to outsource their detection and response capabilities. These service-based offerings typically can help to overcome in-house skills challenges, providing a single, unified version of the truth to drive improved incident response.

“Not only do organizations have to pay for licensing and maintenance, but SOC teams are increasingly stressed to the point of burnout trying to manage multiple solutions. Being unable to prioritize alerts may also expose the organization to breaches. It’s no surprise that many are turning to SOC-as-a-Service,” added Mistry.

Research shows ‘game needs to be changed,’ with security innovation years behind that of the attackers, the board a decade behind security discussions and regulation needing more industry input.
Node4 has released its Mid-Market IT Priorities Report 2021. The independent report reveals that the UK’s Mid-Market IT Leadership expects to see a shortfall in IT spend in 2022. While 52% of IT decision-makers believe their 2021 budget met the ambitions of their team, there seems to be less certainty and confidence about future finances — 61% think their budget will need to increase in 2022, but only 13% expect it to.
Atos has launched Atos OneCloud Sovereign Shield, a set of solutions, methodologies, and operational cloud services that is unique on the market, enabling clients across the world to meet the challenges of managing their data in the edge to cloud continuum, in line with the highest jurisdictional data governance requirements. Part of the Atos' OneCloud initiative, Atos OneCloud Sovereign Shield is a comprehensive edge to cloud platform ecosystem and highly secure service that improves the level of control clients have over the data they produce and exchange, helping them regain control and effectively deal with legal dependencies.
New distribution agreement set to bolster Westcon-Comstor’s Zero Trust offering in more markets across Europe with further expansion into APAC planned.
Research from Avast has found that employees in almost a third (31%) of Small and Medium Businesses (SMBs) in the UK are connecting to the corporate network using personal devices that do not have any security controls in place, according to IT Decision Makers (ITDMs) within SMBs.
This year, over half of MSPs or their end customers have been attacked by ransomware but only 53% offer backup services.
Trend Micro has published new research revealing that 90% of IT decision makers claim their business would be willing to compromise on cybersecurity in favor of digital transformation, productivity, or other goals. Additionally, 82% have felt pressured to downplay the severity of cyber risks to their board.
Cyber consultants call on businesses to act now, or risk budgets shrinking further in ‘real terms’ during 2022 – leading to increased cyber vulnerability.