LONDON (BUSINESS WIRE) lt;a href=”https://twitter.com/hashtag/ICT?src=hash” target=”_blank”gt;#ICTlt;/agt; The global threat intelligence security market is expected to post a
CAGR of close to 19% during the period 2018-2022, according to the
latest market research report by Technavio .
A key factor driving the growth of the market is ransomware attacks
targeting enterprises. Ransomware attacks such as Locky and WannaCry
started with cybercriminals luring unsuspecting individuals into traps,
taking control of the files (locking) on their systems, and demanding a
ransom to release the locked files. The next level of ransomware attacks
involved the leak of classified government documents using more
sophisticated tools and automation techniques. Now, these ransomware
attackers have shifted their focus to businesses as the financial gains
from gaining access to critical enterprise data is high as compared to
consumer data. This could result in the entire company shutting down
until they pay up or risk losing all their sensitive data. For instance,
in August 2018, the Taiwan Semiconductor Manufacturing Company was
forced to shut down its fabrication factories after its systems were
infected with a variant of WannaCry ransomware. Hence, to stay abreast
with all the recent attack techniques and exploits, enterprises are
using threat intelligence services.
This market research report on theglobal
also provides ananalysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
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In this report, Technavio highlights the machine learning providing
actionable threat intelligence as one of the key emerging trends in the
global threat intelligence security market:
Global threat intelligence security market:Machine learning providing actionable threat intelligence
Threat intelligence is relevant if it can help enterprises implement
timely actions. Intelligence comes from data, and in this era of big
data and exponential increase in the number of threats, the efficiency
of human security analysts cannot scale up to produce actionable threat
intelligence. Hence, the sheer diversity and volume of threat data
requires the use of machine learning to read the data set, analyze it,
and help enterprises reinforce their defenses against cyberthreats.
However, machine learning can only work if the data is operational and
in a structured format. Threat intelligence solution providers process
threat data by categorizing data and events using natural language
processing methods. Machine learning techniques are then applied to the
processed threat data which can help security experts prioritize alerts
and even forecast the possibility of a security incident through
predictive modeling. Thus, machine learning-enabled threat intelligence
solutions are helping security experts to analyze huge volumes of threat
data quickly.
“Threat intelligence gathered from diverse sources, when processed
and validated, becomes valuable and actionable for enterprises. However,
accessing this huge volume of threat information is costly. Only large
organizations with large security teams can pool information on such a
large scale, while smaller companies remain unprotected. However, threat
says a senioranalyst at Technavio for research on IT security.
Global threat intelligence security market:Segmentation analysis
This market research report segments the global threat intelligence
security market by end-user (FSI, IT and telecom, healthcare,
transportation and logistics) and geographical regions (APAC, EMEA, and
the Americas).
The Americas led the market in 2017, followed by EMEA and APAC
respectively. During the forecast period, the APAC region is expected to
register the highest incremental growth of over 8%.
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Market Landscape
Market ecosystem Market characteristics Market segmentation analysisMarket Sizing
Market definition Market size and forecastFive Forces Analysis
Market Segmentation
Geographical Segmentation
Regional comparison Key leading countriesMarket Drivers
Market Challenges
Market Trends
Vendor Landscape
Vendors covered Vendor classification Market positioning of vendors Competitive scenarioAbout Technavio
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