Report by IBM & Palo Alto Networks
Capturing the cybersecurity dividend
Key Findings
Organisations are juggling an average of 83 different security solutions from 29 vendors.
Organisations can experience nearly 4 times better return on investment (ROI) from their cybersecurity investments by consolidating multiple tools into a unified platform.
For platformised organisations, mean time to contain (MTTC) security incidents are shorter by an average of 84 days.
7 out of 10 surveyed companies with a high degree of security platformisation report their cybersecurity investments have helped business outcomes.
80% of executives agree they face pressure to reduce the cost of security.
52% of surveyed executives note that the fragmentation of security solutions is limiting their ability to deal with cyber threats.
41% of executives say security fragmentation has driven up procurement costs.
Surveyed executives estimate that security fragmentation and complexity costs their organisations an average of 5% of their annual revenue.
90% of surveyed executives expect to scale, optimise, or innovate with AI within the next two years.
75% of organisations that have embraced security platformisation agree that better integration across security, hybrid cloud, AI, and other technology platforms is crucial.
52% of executives say complexity is the biggest impediment to their cybersecurity operations.
4 out of 5 non-platform organisations say their security operations cannot effectively deal with the sheer quantity of threats and attacks.
80% of platformisation adopters say they have full visibility into potential vulnerabilities and threats.
For platformised organisations, mean time to identify (MTTI) security incidents is shorter by an average of 72 days.