2022 has been another huge year for cybersecurity. The teenage cybercriminal gang Lapsus$ wreaked havoc on some of the world’s largest corporations, the Russo-Ukrainian conflict brought the prospect of all-out cyber warfare terrifyingly close to fruition, and hackers stole an unprecedented amount of cryptocurrency. In spite of this – or, perhaps, because of this – the cybersecurity industry has enjoyed significant growth over 2022, bucking a global trend of economic deterioration. With this in mind, we spoke to some of the industry’s leading thinkers to find out what they think 2023 has in store for us.
Vendor Consolidation
Speak to any cybersecurity expert for long enough and the topic of consolidation is bound to come up. Recent Gartner research even revealed that 75% of organisations are seeking consolidation. But what exactly is driving this? According to Shlomo Kramer, CEO at Cato Networks, economic deterioration is to blame.
“Just as COVID caused a massive acceleration in digital transformation projects, the recession will accelerate security consolidation. Numerous studies indicate that enterprises maintain dozens of security tools. And with so many security tools, controls are fragmented resulting in reduced visibility, operational overhead increases with the need for extra personnel and skills to master the various tools, and gaps between tools are created leaving the cracks through which attackers can infiltrate. Most companies — 75% — expect to reduce the number of security vendors they use, replacing them with one, converged security platform,” he said.
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