CISOs: Throwing cash at tools isn’t helping detect breaches

Global information security spend is projected to reach $215 billion by the end of 2024. But a new survey of chief information security officers (CISOs) shows that all that cash might not have bought the peace of mind they hoped for. In fact, 44% of CISOs across the globe reported missing a data breach in the past 12 months with existing tools.

The top blind spot identified in the survey of 234 global CISOs was hybrid cloud infrastructure and data-in-transit, which eight out of 10 of those surveyed by Gigamon said is a “top concern.” Gigamon’s report added that data-in-motion is where 93% of malware has historically hidden. Overwhelmingly, 84% of surveyed CISOs said getting visibility into this encrypted traffic was a top priority for the upcoming year.

“Modern cybersecurity is about differentiating between acceptable and unacceptable risk,” Chaim Mazal, CSO at Gigamon, said in the survey report. “Our research shows where CISOs are drawing that line, highlighting the critical importance of visibility into all data-in-motion to secure complex hybrid cloud infrastructure against today’s emerging threats. It’s clear current approaches aren’t keeping pace, which is why CISOs must reevaluate tool stacks and reprioritize investments and resources to more confidently secure their infrastructure.”

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