Security Ratings Services & “Traditional” Security Solutions: What You Need to Know

It’s no surprise that cybersecurity remains a top concern for business leaders today. In fact, PwC’s 2018 CEO Survey showed cyber threats rose from its position as the #10 organizational threat in 2017 to #4. As such, the market for cybersecurity solutions is extremely large, with forecasts putting the expected spending on security solutions at over $100 billion by 2020 (according to Gartner and IDC.) From traditional security hardware to more modern software solutions and a multitude of security services, security leaders have no shortage of options when it comes to strengthening the security posture of their organization. But where do security ratings fit in? Do organizations really need both security ratings and traditional security solutions like a SIEM? And if so, why?

Article Link: https://www.bitsighttech.com/blog/security-ratings-services-traditional-security-solutions