ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Deep Instinct Unveils First Annual Voice of SecOps Report

More than 70 percent of those surveyed think it is likely that their company will be hit by a successful ransomware attack

Deep Instinct, the first company to apply end-to-end deep learning based on the only purpose-built deep learning framework for cybersecurity, today launched its Voice of SecOps Report. This marks the first annual report to highlight current and emerging threats, the impact these have on the day-to-day lives of SecOps professionals, and how automation will play a significant role moving forward. In Deep Instinct’s new survey of 600 IT and cybersecurity professionals, more than half of the survey respondents noted ransomware or zero-day attacks as the biggest threats to their organization.

From the Colonial Pipeline cyberattack to critical infrastructure like the MTA breach, ransomware has cemented its status as a global concern. According to 64 percent of respondents, this is because humans are unable to keep up with the exponential cadence of cybersecurity threats. This reality is compounded by the fact that respondents state they spend about 10 hours a week assessing false positive alerts, and 69 percent of respondents agreed that low staff morale could result from alert fatigue due to the overwhelming volume of false positives. And 80 percent of respondents say time not absorbed there is spent addressing time-consuming security patches and updates to ensure solutions remain effective.

“Recent major events have placed a heightened priority on security, but these threats have long deserved the attention they’re just now getting on a global level. As we work to implement a stronger layer of defense, it will be just as important to protect the hard-working employees that sit in the SOC as it is to secure the business,” said Guy Caspi, CEO of Deep Instinct. “The results of this report shed light on the exhausting challenges that today’s security operations teams face on a daily basis. Recognizing the need for a new approach, we set out to provide the relief that teams desperately need.”

Through the lens of SecOps teams on the front lines, this report explores strategic threats, overarching priorities and day-to-day challenges that often go unheard. To that end, other key findings from US respondents look at the rise in ransomware attacks, as well as other prevalent threats and factors impacting SecOps teams’ ability to prevent attacks:

  • 66 percent of respondents say that SolarWinds has led to the hiring of more internal IT/cybersecurity professionals, with over half saying it also prompted more questions at the board and executive level about cybersecurity measures;
  • More than 60 percent of companies are considering automated, AI-based solutions following the Microsoft attacks;
  • 62 percent of respondents agreed that threats in their company could get missed due to the overwhelming volume of false positives;
  • 83 percent of respondents agreed in some way that cybersecurity professionals deserve better from their Anti-Virus and Endpoint Detection and Response solutions.

Deep Learning Offers a New Path Forward

Organizations across industries are in need of reliable, automated, and timely protection that prevents damage from being done, and saves organizations valuable time and money. According to 86 percent of respondents, the tools driven by data science (AI/Machine Learning/Deep Learning) will make a significant impact in preventing unknown threats and reducing false positives. Taking it a step further, nearly 3/4 of respondents agree that automation of cybersecurity is the only way their company can address cyber threats.

The Deep Instinct’s Voice of SecOps Report provides insight from 600 IT professionals, including 300 CISOs spread across multiple verticals and geographies. To learn more about the report and survey methodology, visit https://info.deepinstinct.com/tof/voice-of-secops-2021.

About Deep Instinct

Deep Instinct is the first and only company applying end-to-end deep learning to cybersecurity. Deep learning is inspired by the brain’s ability to learn. Once a brain learns to identify an object, its identification becomes second nature. Similarly, as Deep Instinct’s artificial deep neural network brain learns to prevent any type of cyber threat, its prediction capabilities become instinctive. As a result, any kind of malware, known and new, first-seen malware, zero-days, ransomware, and APT (advanced persistent threat) attacks from any kind are predicted and prevented in zero-time with unmatched accuracy and speed anywhere in the enterprise – network, endpoint, mobile – enabling multi-layered protection. To learn more, visit https://www.deepinstinct.com/.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.