Amidst the dynamic technology landscape, the constant need to digitally transform the organizations, and the need to constantly improve customer experience, the Chief Technology Officers are thrown into a dire predicament of increasing cyber-attacks. While the exponential growth of the internet, cloud and IT industry became a silver lining to the pandemic, the cyber attackers unleashed themselves on this opportunity, and the consequences were catastrophic. According to US-based cybersecurity firm Norton, India witnessed over 18 million cyber-attacks and threats, with an average of nearly 200,000 threats every day, in the first three months

of 2022.

The global situation is no different. The FBI recently reported a whopping 400 percent increase in cyber-attacks from what they saw pre-corona virus. It’s no rocket science that, regardless of the size of your business, there is always the sword of Damocles hanging over you. It is imperative that you build a safer atmosphere around your business by securing the services of cybersecurity specialists.

As phishing or social engineering attacks, ransomware, and DDoS attacks continue to pose more significant threats for businesses, the cybersecurity solutions providers need to aggressively watch the dynamic trends in the segment to stay ahead of the threats. From Extended Detection and Response (XDR) to Security Process Automation, Secure Access Service Edge (SASE), Zero-Trust Network Access(ZTNA), and Cyber Insurance, the solutions providers have a number of trends that drive the market. CTOs will have to localize these options and delve deep into the organizations in order to build effective cybersecurity strategies and solutions.