ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report

Survey results highlight that cybersecurity automation is now an important part of cybersecurity professionals' defensive strategy – but organisations want highly targeted, customised automation and threat intelligence that enables them to collaborate. LONDON, UK – 19 thof November, 2024 – ThreatQuotient™, a leading threat intelligence platform innovator, today released the Evolution of Cybersecurity Automation Adoption 2024. Based on survey results from 750 senior cybersecurity...

Ashburn, 19/11/2024 (informazione.it - comunicati stampa - economia)

ThreatQuotient™ , a leading threat intelligence platform innovator, today released the Evolution of Cybersecurity Automation Adoption 2024. Based on survey results from 750 senior cybersecurity professionals at companies in the U.K., U.S. and Australia from a range of industries, this in-depth research report examines the progress senior cybersecurity professionals are making towards adopting automation, its key use cases and the challenges they face. The fourth edition of this annual survey highlights how automation is maturing and how, in a world of continuous change, organisations are adopting cybersecurity automation for resilience, scale and collaboration. The report examines approaches to integration, whether respondents are taking a single-vendor platform approach or best-of-breed, the adoption of AI and the importance of cyber threat intelligence sharing.

Eight-in-ten respondents (80%) now say cybersecurity automation is important, up from 75% last year and 68% the previous year. Additionally, budget for cybersecurity automation has increased every year, and this year's survey is no different with 99% of respondents increasing spend on automation. Interestingly, 39% of respondents now have net new budget specifically for automation, a significant rise on the 18.5% who said this last year. Previously, decision-makers were diverting budget from other cybersecurity tools or reallocating unused headcount funds. In 2024 respondents have a better understanding of key uses cases and the benefits automation delivers is helping them make a stronger business case for dedicated budget, which is another indication that cybersecurity automation is maturing.

Key research findings also include:

“It is tough for cybersecurity professionals who now face fast-changing cyber and cyber-physical threats of unprecedented sophistication, volume, velocity and variety,” said Leon Ward, Vice President, Product Management, ThreatQuotient. “Defending their business is an enormous task, and cybersecurity professionals must become more resilient.

“What we are seeing in this 'new normal' landscape is the need for more automation, scale and better threat intelligence sharing.  A collaborative approach to cybersecurity helps organisations better defend as industries scale their knowledge to respond to attacks.”

As organisations double down on cybersecurity automation use cases that deliver value and embrace more intelligence sharing, this will result in more effective and proactive cyber defence. This year the survey highlights the focus has shifted toward ROI metrics that are more closely linked to productivity and efficiency and – while employee retention and satisfaction remains important – it is no longer heavily outweighing performance and efficiency KPIs.

Ward concludes, “We believe that scaling security operations and collaboration across teams, ecosystems and industries is the most urgent challenge facing cybersecurity professionals. Successfully uniting human expertise, automation and AI and enabling seamless integration across tools and intelligence feeds will drive cyber resilience and agility at organisational, industry, and international levels.”

To download the full report, including more detail on the survey questions, regional and industry snapshots, and recommendations for senior security professionals to follow if they are looking to automate their security processes, click here. To access the report, click here.

Leading threat intelligence platform innovator, ThreatQuotient, commissioned a survey undertaken by independent research organisation, Opinion Matters, in June 2024. 750 senior cybersecurity professionals in the UK., US. and Australia from companies employing 2,000+ people from a range of industries including Central Government, Defence, Critical National Infrastructure, Retail, and Financial Services sectors, with 150 respondents from each.

ThreatQuotient improves security operations by fusing together disparate data sources, tools and teams to accelerate threat detection and response. ThreatQ is the first purpose-built, data-driven threat intelligence platform that helps teams prioritise, automate and collaborate on security incidents; enables more focused decision making; and maximises limited resources by integrating existing processes and technologies into a unified workspace. The result is reduced noise, clear priority threats, and the ability to automate processes with high fidelity data. ThreatQuotient's industry leading integration marketplace, data management, orchestration and automation capabilities support multiple use cases including threat intelligence management and sharing, incident response, threat hunting, spear phishing, alert triage and vulnerability management. ThreatQuotient is headquartered in Northern Virginia with international operations based out of Europe, MENA and APAC. For more information, visit www.threatquotient.com .

Paula Elliott  
C8 Consulting for ThreatQuotient
+44 7894 339645   
paula@c8consulting.co.uk