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The mobile security challenge is complex and multi-faceted. Mobile devices can be infected by malicious software called malware, enabling hackers to gain access or control. Mobile applications (simply called apps) on the device can perform unwanted, high-risk actions. Sensitive data stored on the device can also be lost or stolen. This study focu...

The ongoing arms race between cybercriminals and the cybersecurity industry leads security vendors and service providers to develop new solutions and technologies. In recent years, security players have harnessed machine learning, automation, big data, analytics, and other technology innovations to enhance, upgrade or completely reinvent cybersecur...

At the end of 2020, FireEye discovered malware distributed through software updates to the Orion Platform, a popular IT management product. SolarWinds, the platform supplier, was breached earlier that year and failed to detect hackers in its environment for several months. Because of the widespread usage of the SolarWinds software, victims of this ...

The pace of cybersecurity evolution accelerated over the past decade. What was once perceived as a box-ticking exercise became a business enabler. The main driver for this paradigm shift is the massive increase in the number and severity of cyberattacks on organizations, including small and medium-sized businesses. Typically, point cybersecurit...

The volume, sophistication, and diversity of cyber threats are an unrelenting problem for companies’ internal information security teams. Outsourcing to manage and secure IT environments has become a cost-effective option for those with outdated or otherwise inadequate cybersecurity practices. Competition and pricing pressure will intensify ove...

30 Apr 2020  |  Global  |  Market Research

Global Managed Detection and Response Market, Forecast to 2024

Attack Complexity will Drive Growth of MDR Services

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The managed detection and response (MDR) market generated $893.8 million in 2019; it is set to grow at a CAGR of 16.4% and reach $1,907.9 million by 2024. With the increasing number and complexity of threats, the internal management of information security has become increasingly laborious and costly. In this context, outsourcing should be vi...