SANTA CLARA, Calif.--(BUSINESS WIRE)--Gigamon, a leader in deep observability, today unveiled priorities for global CISOs going into the new year, highlighting the challenges that come with today’s tightening budgets and increasingly sophisticated cyber threats. The Gigamon “CISO Insights: Closing the Cybersecurity Preparedness Gap” report, based on the company’s 2024 Hybrid Cloud Security Survey, highlights the current state of cybersecurity based on responses from 234 CISOs in Australia, France, Germany, Singapore, UK, and the USA.
The Gigamon report data reveals a widening security gap, with CISOs falling behind as cybercriminals outpace their organization’s cybersecurity defenses. Despite global information security spending projected to reach $215 billion in 2024, nearly half (44 percent) of CISOs surveyed reported they were unable to detect a data breach in the last 12 months using existing security tools. CISOs identified blind spots as a key issue, with 70 percent of CISOs stating their existing security tools are not as effective as they could be when it comes to detecting breaches due to limited visibility.
“Modern cybersecurity is about differentiating between acceptable and unacceptable risk,” says Chaim Mazal, CSO at Gigamon. “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.”
As organizations revisit security strategies this Cybersecurity Awareness Month, the Gigamon survey data highlights the following focus areas CISOs are prioritizing as they plan for 2025:
Gain Visibility into Data-in-Motion
Blind spots across hybrid cloud infrastructure are a top concern for 8 out of 10 CISOs, with 81 percent agreeing that cloud security is dependent upon gaining complete visibility into all data-in-motion. This includes visibility into lateral (East West) traffic and encrypted traffic, where 93 percent of malware hides today, creating a perfect opportunity for cyber criminals to breach a network. As a result, gaining visibility into encrypted traffic was listed as a priority for 84 percent of CISOs.
Optimize Existing Security Investments
Overinvestment in new security tools has led security teams to struggle with sprawling tool stacks. Coupled with the growing costs associated with data storage and management, CISOs are under immense pressure to optimize their existing security investments. Three-quarters of CISOs (76 percent) report being overwhelmed by the increasing volume of threats detected from a growing number of tools on an increasing number of assets. As a result, 6 in 10 CISOs listed tool consolidation and optimization as their number one priority for remediating blind spots.
Support AI Investments to Counter Growing AI Cyber Threats
CISOs are increasingly concerned about the potential for AI to fuel the growth of global ransomware threats, with 83 percent expecting a significant impact in the coming year. While deepfakes have garnered much attention, the more pressing threat is the volume and quality of cyberattacks that AI can enable. AI is empowering novice attackers with advanced capabilities and accelerating the discovery of exploitation techniques, underscoring the need for greater, more comprehensive visibility. Nearly half (46 percent) of CISOs will use security automation and implement AI to remediate visibility gaps.
Achieve Deep Observability Across Cloud Infrastructure
As CISOs evaluate increasingly complex hybrid cloud environments, greater visibility is the common goal, with 82 percent agreeing that deep observability – the ability to deliver network-derived intelligence and analysis to cloud, security, and observability tools – is a foundational element of cloud security. Deep observability goes beyond traditional monitoring, providing real-time insights into all network traffic based on network telemetry, including encrypted data and lateral traffic. This comprehensive view is crucial for identifying and mitigating cyber threats in real-time, which is why 85 percent of CISOs agree that having access to packet-level data and rich application metadata can unlock deeper insights, strengthening security posture.
The importance of this comprehensive visibility is also reaching the boardroom, with 81 percent of CISOs reporting that their boards are discussing deep observability as a priority to better secure and manage hybrid cloud infrastructure, reinforcing its importance for 2025 budget planning.
“Today’s CISOs recognize that security and observability are intrinsically connected,” said Stephen Elliott, group vice president, IT Operations, Observability, and CloudOps at IDC. “The network provides a crucial layer of context that can inform security operations and vice versa, which is why modern security teams are leveraging network-derived intelligence and insights to understand the true impact of a threat and prioritize their responses accordingly.”
For More Information
For additional CISO insights around today’s cybersecurity landscape, read the “CISO Insights: Closing the Cybersecurity Preparedness Gap” or learn more by visiting the 2024 Hybrid Cloud Security Survey page to access the report, infographic, and more.
About the report
The CISO Insights: Closing the Cybersecurity Preparedness Gap report was done as part of the 2024 Hybrid Cloud Security Survey commissioned by Gigamon and fielded in collaboration with Vitreous World. The data is based on findings of an online survey of 234 global CISOs conducted earlier this year.
About Gigamon
Gigamon® offers a deep observability pipeline that efficiently delivers network-derived intelligence to cloud, security, and observability tools. This helps eliminate security blind spots and reduce tool costs, enabling you to better secure and manage your hybrid cloud infrastructure. Gigamon serves more than 4,000 customers worldwide, including over 80 percent of Fortune 100 enterprises, 9 of the 10 largest mobile network providers, and hundreds of governments and educational organizations. To learn more, please visit gigamon.com.
© 2024 Gigamon. All rights reserved. Gigamon and the Gigamon logo are trademarks of Gigamon in the United States and/or other countries. Gigamon trademarks can be found at www.gigamon.com/legal-trademarks. All other trademarks are the property of their respective owners.
