NewtonX Current: Cybersecurity in 2022 Business Outlook and Key Trends

Cybersecurity decision-makers are facing two related challenges: navigating market trends while managing professional advancement and quantifying success.

As a result, cybersecurity solutions providers have an opportunity to address these challenges to achieve high retention rates and win new clients.

Who is this report for?

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Cybersecurity Decision-Makers and Influencers

Budget benchmarks, roadmap clarity, a data-backed scorecard to evaluate and choose new providers.

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Cybersecurity Providers

Optimize the product roadmap, identify key buyers for budget and solutions, understand decision-making criteria and beat competition.

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Decision-making:

What are the biggest influence factors?

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Budget:

Trends and allocations of spending and staffing.

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Vulnerabilities:

Who faced Incidents and how they were resolved.

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Cybersecurity Management:

What does your cybersecurity agenda look like?

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Vendor Evaluations:

Who are the top vendors and what are your decision making criteria?

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1. Endpoint Protection / Detection & Response Platforms

2. Enterprise Network Firewalls

3. Access Management

4. Security Information and Event Management (SIEM)

5. Privileged Access Management

6. Application Security Testing

7. Managed Detection and Response (MDR) Services

8. Cloud Access Security Broker / Secure Web Gateways

Action findings from this report

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Methodology

103 US cybersecurity leaders were surveyed from 3-4 August 2021. 89% of respondents were CISOs or CIO/CTO’s with cyberseucurity authority. 57% of respondents were CTOs or CIOs, 97% of which had decision-making authority over IT/IS security. Another 32% were Chief Information Security Officers (CISOs), all of whom had decision-making authority over IT/IS security. Respondents lead cybersecurity at organizations of a broad range of sizes. Half of respondents lead cybersecurity at organizations with 1,000 to 10,000 employees. 29% lead cybersecurity at larger organizations and 24% at smaller organizations.

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