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In addition to NIST 800-53 compliance, the platform can now test security controls under the U.S. Department of Defense Cybersecurity Maturity Model (CMMC).
As data applications increase and technology advances, organizations are becoming more vulnerable to these attacks and more aware of the need for cyber-risk insurance coverage.
Frost & Sullivan’s recent analysis, "Managed and Professional Security Services Market in the Americas, Forecast to 2024," finds that the volume, sophistication, and diversity of cyberthreats are unrelenting problems for companies’ internal information security teams.
A significant portion of respondents needed weeks or months to detect data theft by employees (26%), improper employee data sharing (18%), and admin mistakes (12%).
According to Gartner, spending on cloud security is predicted to be the fastest riser of all cybersecurity markets, with an expected increase of 33%, driving the market to an expected $585 million this year.
Although every organization has different needs, it’s clear that traditional management and security solutions cannot keep up with the pace of new cloud services and offerings.