Top Highlights
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Cybersecurity Investment Growth: Global cybersecurity budgets are projected to rise to $212 billion in 2024, yet 51% of professionals feel underfunded and 47% anticipate a cyberattack this year.
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Relying on External Support: Organizations are turning to managed service providers and consultants to mitigate internal staff shortages, but this adds complexity with more remote users and endpoints.
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Access Data as a Strategic Asset: Leveraging access log analytics provides real-time insights, uncovering risks and inefficiencies, enhancing decision-making, and addressing the fact that 95% of breaches stem from human error.
- Operational Intelligence for Security: Using access analytics enables teams to manage internal resources more effectively and optimize existing technologies, ensuring secure growth amid increasing complexity and budget pressures.
The Untapped Value of Access Data
Cybersecurity budgets are rising, yet IT teams face immense pressure. Organizations are increasingly underfunded, with over half of cybersecurity professionals reporting insufficient resources. Access logs, often seen as mere compliance tools, hold untapped potential. When organizations shift their focus, these logs transform into vital sources of real-time insights. Each login and denied access attempt reveals not just activity but also friction points and security vulnerabilities. This operational intelligence is critical, especially when 95% of breaches arise from human error. Organizations need to leverage this information to identify risks and improve performance.
Doing More with What You Already Have
Today’s IT landscape is complex. Many teams aim to support more users and technologies with fewer resources. Access analytics becomes a competitive advantage in this environment. By analyzing access data, leaders can move from reactive problem-solving to proactive decision-making. This approach not only illuminates interactions with vendors and third parties but also highlights areas for automation, thus reducing manual processes. Given that nearly half of organizations have faced breaches tied to third-party access, understanding these dynamics is vital. Utilizing access analytics allows teams to scale securely and respond swiftly in an ever-evolving threat landscape.
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