There has been a major shift in the way IoT endpoint security is handled in 2019. The reason? This has been the response that the industry has come with to the growing variety of cyber-attacks. IoT, along with big data, and AI has created and allowed organizations to create a plethora of smarter automated endpoint security solutions which present better defences against new cyber-attack methods such as fileless attacks and severe brute force attacks which can expose data protected by even the most secure passwords.
Today’s security technology landscape is overcrowded with tools and technologies built to combat endpoint risk. At the same time, security budgets at many organizations are increasing rapidly, propelled by the mandate to protect data and devices. In fact, 24 percent of the overall security spend is allocated to endpoint security tools. And by 2020, the projected total for global IT security spend is $128 billion. Yet, over 70 percent of breaches still originate on the endpoint.
Industry analysts have warned about the dangers of equating IT security spending with security and risk maturity. As organizations attempt to make the endpoint more resilient by buying more security tools, it is creating endpoint complexity. With an average of 10 security agents on each device and over 5,000 common vulnerabilities and exposures (CVEs) found on the top 20 client applications in 2018 alone, the endpoint has never been more fragile. With 70 percent of breaches originating on the endpoint, it is the number one target for attacks. Traditional endpoint security solutions exist to keep devices secure. The three most common traditional security tools are: encryption, endpoint protection (AV/AM/EDR), and client and patch management tools.
The clear conclusion is that increasing security spending does not increase safety. In fact, every additional security tool only increases the probability of failure and decay. As organizations continue to increase spending on data and device security, that much of that spend is in vain. As a result, IT leaders are actually seeing a negative return on investment. The bottom line is that without visibility into their endpoint security posture, organizations are at a loss as to how to ensure agents, applications, and controls will continue functioning and delivering value as intended. Merely investing in more endpoint security tools is ineffective, and a new approach is needed. To secure the endpoint, the security tools already in place must be made resilient.
This demand on security solution providers has pushed them to create manageable, integrated IoT endpoint security platforms which can be monitored from many different levels. And thus, to help business providers select the best, most promising endpoint security solution, Enterprise Security Magazine, in conjunction with a distinguished panel of prominent marketing specialists and analysts, and our very own editorial board, have assessed and shortlisted companies who offer pioneering technology solutions in the endpoint security industry. This listing gives a comprehensive understanding of solutions that can be implemented to optimize your business process.
We present to you, our “Top 10 Endpoint Security Solution Providers - 2019.”