Cyber Security

German Firms Tighten Cybersecurity Against New Threats

War, increasing digitization and pandemic effects increase risks, creating more demand for advanced security tools and services, ISG Provider Lens™ report says

Overlapping crises and technology trends have heightened cybersecurity concerns in Germany, leading enterprises to increase their investments in security products and services, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany finds that cyber threats caused by the war in Ukraine, along with disruptions from the COVID-19 pandemic and increasing digitization of enterprises, have expanded attack surfaces and resulted in more cybersecurity breaches in Germany. As companies bring more data, communications and processes into the digital realm, cybersecurity is becoming a higher priority.

“Holistic enterprise security is more than just a current trend, it’s vital to the successful operation of a business,” said Roger Albrecht, co-lead, ISG Cybersecurity. “German senior executives understand that cyberattacks can seriously threaten a company’s reputation and finances, so they are paying even greater attention to secure collaboration with third parties, secure core business processes and secure connected and digital products.”

German companies and government agencies are defending themselves against increasingly sophisticated cyberattacks amid a shortage of IT professionals, especially in cybersecurity, the report says. As risks increase in Germany for both large and midsize enterprises, there is a growing need for guidance.

Many organizations are engaging with strategic, technical and managed security service providers for help implementing and constantly honing their defenses. Also, because many attackers breach organizations through social engineering methods such as phishing, companies also turn to providers for consulting and employee training to prevent human errors. Because of strict data protection regulations, most German enterprises rely on providers with security operations centers in Germany.

Remote and hybrid work, which emerged suddenly during the pandemic and is expected to become permanent, has made IT systems more vulnerable to attack as employees connect to enterprises from different locations and through their own devices. To manage this risk, German enterprises are investing in advanced identity and access management (IAM) capabilities, especially cloud-managed systems that can function across multiple cloud installations.

“German companies need to manage more users, devices and digital services than ever,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “In many cases, service providers are taking on these roles.”

The report explores a wide range of cybersecurity trends in Germany, including increasing use of zero-trust approaches, the growth of the midsize market and the evolution of endpoint protection from traditional antivirus solutions to AI-based behavioral analysis.

The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany evaluates the capabilities of 97 providers across six quadrants: Identity and Access Management (IAM), Data Leakage/Loss Prevention (DLP) and Data Security, Advanced Endpoint Threat Detection and Response (Advanced ETPDR), Technical Security Services (TSS), Strategic Security Services (SSS) and Managed Security Services.

The report names IBM as a Leader in five quadrants and Atos as a Leader in four quadrants. It names Accenture, Axians, Capgemini, Deutsche Telekom and Microsoft as Leaders in three quadrants each. Bechtle, Broadcom, CANCOM, Computacenter, Controlware and Trend Micro are named as Leaders in two quadrants each. CrowdStrike, Deloitte, DriveLock, DXC Technology, Forcepoint, GBS, HCL, HelpSystems, Infosys, KPMG, Matrix42, Okta, Orange Cyberdefense, Ping Identity, PwC, RSA, SentinelOne, Sophos, TCS, Trellix, VMware Carbon Black and Wipro are named as Leaders in one quadrant each.

In addition, HCL, OGiTiX, suresecure, Trellix and Wipro are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Customized versions of the report are available from Atos, Cancom, Controlware, DriveLock, GBS, OGiTiX, suresecure and Syntax.

The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany is available to subscribers or for one-time purchase on this webpage.

Visit AITechPark for cutting-edge Tech Trends around AI, ML, Cybersecurity, along with AITech News, and timely updates from industry professionals!

Related posts

Huntsman Security Shares 2023 Predictions

Business Wire

WireX Brings Security Exec Miguel Carrero on Its Advisory Board

PR Newswire

NetWitness announces its presence at Gitex Global

NetWitness