Voice of the Enterprise Security Customer: Global Energy and Utilities Security Trends

Aerospace, Defence and Security Voice of the Enterprise Security Customer: Global Energy and Utilities Security Trends

Growth Opportunities Garnered from a Survey of Cybersecurity Decision-Makers

RELEASE DATE
12-Feb-2025
REGION
Global
Deliverable Type
Customer Research
Research Code: MH52-01-00-00-00
SKU: AE_2025_1289
Available Yes PDF Download
$4,950.00
In stock
SKU
AE_2025_1289

Voice of the Enterprise Security Customer: Global Energy and Utilities Security Trends
Published on: 12-Feb-2025 | SKU: AE_2025_1289

Need more details?
$4,950.00
DownloadLink
Need more details?

Frost & Sullivan conducted a Voice of Customer survey of 2,448 cybersecurity decision-makers and influencers in organizations with at least 250 employees in 2023 to understand their cybersecurity operations, organizational management, technology investment, threat awareness, and other factors influencing decisions for new cybersecurity investments. The respondents were from seven countries (Australia, Brazil, France, Germany, Japan, the United Kingdom, and the United States) chosen as a representation of global trends.

Specifically for the energy and utilities sector, the focus of this analysis, 146 respondents—primarily director-level or above and part of information technology or cybersecurity teams—provided insights and opinions on topics including cybersecurity budgets, program priorities, common tools and technologies, and persistent challenges.

Research Scope:

  • Explore energy and utilities organizations’ cybersecurity posture and operations, showcasing the current state of cybersecurity hygiene in infrastructure, policies, and processes. 
  • Depict the size and structure of cybersecurity budgets, projecting financial insights and the distribution of the budget across technologies such as network security, endpoint security, threat intelligence, and additional security systems. 
  • Describe cybersecurity solutions used, giving an overview of the tools and technologies employed for safeguarding the digital assets of an organization and touching upon specific solutions and their functions.

Author: Adrian Drozd

Objectives

Methodology and Respondent Profile

Key Findings

Overall Influence on Cybersecurity Purchases and Upgrades

Survey Respondent Demographics

Cybersecurity Operations

Cybersecurity Resourcing

Key Findings

Cybersecurity Budget

Cybersecurity Budget Year-over-Year Changes

Cybersecurity Budget Allocation in 2023

Average Cybersecurity Budget by Country

Russo-Ukrainian War’s Influence on Cybersecurity Budgets

Key Findings

Cybersecurity Strategy Drivers

Cybersecurity Strategy Challenges

Risk Awareness in Preparing for Potential Cyber Attacks

Successful Cyberattacks in the Past 12 Months

Current Cybersecurity Concerns

Previous Successful Cybersecurity Attacks

Impact of Previous Successful Cybersecurity Attacks

Organizational Risk Awareness

Key Findings

Cybersecurity Program Priorities

Main Objectives of Cybersecurity Solutions

Application Security Solutions

Cloud Security Solutions

Data Security Solutions

Endpoint Security Solutions

Identity Security Solutions

Network Security Solutions

Security Operations Solutions

Security Services

Strategic Insights

Growth Opportunities Fuel the Growth Pipeline Engine™

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • Cybersecurity Operations, Global, 2023
  • Number of Full-Time Cybersecurity Employees, Global, 2023
  • Cybersecurity Staffing Prediction, Global, 2023
  • Percentage of IT Budget Allocated to Cybersecurity, Global, 2023
  • Cybersecurity Budget, Global, 2023
  • Cybersecurity Budget Changes, Global, 2023
  • Cybersecurity Budget Allocations, Global, 2023
  • Russo-Ukrainian War Influence on Cybersecurity Budget, Global, 2023
  • Cybersecurity Strategy Drivers, Global, 2023
  • Ability to Prevent New Cyber Threats and Attacks, Global, 2023
  • Probability of a Successful Cyberattack, Global, 2023
  • Number of Successful Cyberattacks in the Past Year, Global, 2023
  • Top Cybersecurity Concerns, Global, 2023
  • Cyberattack Vectors in the Past Year, Global, 2023
  • Impact of Successful Cyberattacks in Past Year, Global, 2023
  • Board of Directors Risk Awareness, Global, 2023
  • Cybersecurity Priorities, Global, 2023
  • Main Objectives of Security Solutions, Global, 2023
  • Application Security Solution Assessment, Global, 2023
  • Cloud Security Solution Assessment, Global, 2023
  • Data Security Solution Assessment, Global, 2023
  • Endpoint Security Solution Assessment, Global, 2023
  • Identity Security Solution Assessment, Global, 2023
  • Network Security Solution Assessment, Global, 2023
  • Security Operations Solution Assessment, Global, 2023
  • Security Services Assessment, Global, 2023
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.

Frost & Sullivan conducted a Voice of Customer survey of 2,448 cybersecurity decision-makers and influencers in organizations with at least 250 employees in 2023 to understand their cybersecurity operations, organizational management, technology investment, threat awareness, and other factors influencing decisions for new cybersecurity investments. The respondents were from seven countries (Australia, Brazil, France, Germany, Japan, the United Kingdom, and the United States) chosen as a representation of global trends. Specifically for the energy and utilities sector, the focus of this analysis, 146 respondents—primarily director-level or above and part of information technology or cybersecurity teams—provided insights and opinions on topics including cybersecurity budgets, program priorities, common tools and technologies, and persistent challenges.--BEGIN PROMO--

Research Scope:

  • Explore energy and utilities organizations’ cybersecurity posture and operations, showcasing the current state of cybersecurity hygiene in infrastructure, policies, and processes. 
  • Depict the size and structure of cybersecurity budgets, projecting financial insights and the distribution of the budget across technologies such as network security, endpoint security, threat intelligence, and additional security systems. 
  • Describe cybersecurity solutions used, giving an overview of the tools and technologies employed for safeguarding the digital assets of an organization and touching upon specific solutions and their functions.

Author: Adrian Drozd

More Information
Deliverable Type Customer Research
Author Adrian Drozd
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Energy sector cybersecurity
Keyword 2 Industrial cybersecurity trends
Keyword 3 Security compliance energy
List of Charts and Figures Cybersecurity Operations, Global, 2023~ Number of Full-Time Cybersecurity Employees, Global, 2023~ Cybersecurity Staffing Prediction, Global, 2023~ Percentage of IT Budget Allocated to Cybersecurity, Global, 2023~ Cybersecurity Budget, Global, 2023~ Cybersecurity Budget Changes, Global, 2023~ Cybersecurity Budget Allocations, Global, 2023~ Russo-Ukrainian War Influence on Cybersecurity Budget, Global, 2023~ Cybersecurity Strategy Drivers, Global, 2023~ Ability to Prevent New Cyber Threats and Attacks, Global, 2023~ Probability of a Successful Cyberattack, Global, 2023~ Number of Successful Cyberattacks in the Past Year, Global, 2023~ Top Cybersecurity Concerns, Global, 2023~ Cyberattack Vectors in the Past Year, Global, 2023~ Impact of Successful Cyberattacks in Past Year, Global, 2023~ Board of Directors Risk Awareness, Global, 2023~ Cybersecurity Priorities, Global, 2023~ Main Objectives of Security Solutions, Global, 2023~ Application Security Solution Assessment, Global, 2023~ Cloud Security Solution Assessment, Global, 2023~ Data Security Solution Assessment, Global, 2023~ Endpoint Security Solution Assessment, Global, 2023~ Identity Security Solution Assessment, Global, 2023~ Network Security Solution Assessment, Global, 2023~ Security Operations Solution Assessment, Global, 2023~ Security Services Assessment, Global, 2023~
Podcast No
WIP Number MH52-01-00-00-00