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Frost Radar™: Cyber Threat Intelligence, 2024
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
04-Jul-2024
Global
Frost Radar
The modern threat landscape has undergone a profound transformation, driven by the global push toward digitalization. This has led to expanded attack surfaces, heightened IT complexity, and increased risks in supply chains. Today, threat actors launch multivector attacks that target organizations’ internal networks and their external digital assets, such as social media accounts and third-party applications. Consequently, organizations have ramped up their cybersecurity spending and adopted an array of tools to mitigate risks. The efficacy of these measures depends on whether organizations have a deep understanding of the modern threat landscape.
Actionable threat intelligence (TI) plays a pivotal role in cybersecurity, serving as the foundation for informed decisions and a robust security posture. In essence, TI encompasses actionable information about threats targeting an organization. The conventional TI ecosystem comprises 4 primary areas: cyber threat intelligence (CTI), threat intelligence platforms (TIP), external attack surface management (EASM), and digital risk protection (DRP), each serving distinct purposes.
CTI solutions gather data from diverse sources, such as open-source intelligence and the dark web, to provide insights into cyber threats. They offer commercial TI feeds containing indicators of compromise (IOCs) and comprehensive intelligence reports. Threat intelligence platforms (TIP) offer a collaborative interface to operationalize TI, streamlining data collection, aggregation, and organization. DRP solutions specialize in brand and phishing protection, identifying potential risks to an organization’s external digital assets, and threat remediation. EASM solutions aid organizations in mapping their digital footprints, inventorying digital assets, and quantifying risk exposure to prioritize threats effectively.
As the cybersecurity landscape evolves and TI vendors try to remain competitive, traditional TI point solutions are consolidated into integrated security platforms. This convergence is giving rise to 2 main developments: the emergence of unified external risk mitigation and management (ERMM) platforms that include CTI, EASM, and DRP functionalities; and the transition of TIP providers into comprehensive security operations (SecOps) platforms that integrate security information and event management and security orchestration, automation, and response capabilities serving as centralized security control towers. Still, confusion persists because of overlapping capabilities and vendor terminologies.
Nonetheless, the TI market is poised for substantial growth, with North America and Europe, the Middle East, and Africa (EMEA) leading in terms of revenue size, driven by the presence of large enterprises with mature security postures and substantial cybersecurity budgets. Asia-Pacific and Latin America, though smaller markets, are expected to experience steady growth as investments in enterprise security reflect an overarching trend toward security maturity.
This Frost Radar™ focuses on the CTI industry, with separate studies available for other TI subdomains. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.
Cyber Threat Intelligence 2024
- Cyber Threat Intelligence
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
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Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. -
Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? -
Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
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INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. -
RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. -
PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. -
MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. -
CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
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GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. -
COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. -
PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Author | Martin Naydenov |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Cyber Threat Intelligence |
| Keyword 2 | Cybersecurity |
| Keyword 3 | Threat Intelligence Trends |
| Podcast | No |
| WIP Number | KA5F-01-00-00-00 |