According to Research and Markets, the worldwide digital forensics market will expand at a compound annual growth rate of 13% through 2026. The rise of cybercrime is most certainly driving its growth — especially since digital forensics plays a critical role in mitigating cyberthreats in the modern security operations center (SOC).
It has become obvious that visibility is one of the critical pillars for the success of any organization’s cybersecurity program. Research by ESG found that nearly 80% of organizations with a lack of visibility into their assets report roughly three times as many incidents. That sobering statistic is cited in a recent report from SANS, Making Visibility Definable and Measurable, that examines the issue from multiple perspectives.
Security touches every aspect of an organization's infrastructure and influences most of its processes. That's a lot to cover, and it seems like there are never enough people to handle the work. Even with budgets increasing by an average of 10% annually over the last 5 years, the recent increase in remote work and cloud adoption is stretching security teams even thinner.
The executive order on cybersecurity President Biden issued in May doesn’t radically change federal cybersecurity practices for now, but it lays the groundwork for significant changes in the future. The EO directs multiple federal agencies to develop new policies and processes to safeguard federal networks, and also to improve the overall cybersecurity posture of all Americans.
Sometimes the hardest part of any project is getting started. But when it comes to strengthening your security operations program, the escalation of cyberattacks over the last few months have shown us there’s no time to waste. You need to make sure you’re leveraging threat intelligence throughout your security operations to understand your adversaries, strengthen defenses, and accelerate detection and response.
We have a saying at Splunk. It goes something like “if you’re ever having a bad day, go and talk to a customer”. What organizations around the world are doing with their data and Splunk brings a huge smile and an eyebrow raising, positive “can’t quite believe you’ve done that” very-impressed nod of the head. That’s never more true than with our security customers.