5 Reasons CISOs are Turning to Security-as-a-Service
Summary
The Security-as-a-Service market is experiencing significant growth, projected to more than double from USD 11.1 billion in 2020 to USD 26.4 billion by 2025. This expansion is driven by the cloud-based delivery model, offering a wide range of solutions in areas like application security, data security, and identity and access management, often provided and managed by Managed Security Service Providers (MSSPs).
IFF Assessment
The growth in Security-as-a-Service offerings and MSSP adoption indicates a positive trend for defenders as it signifies increased investment and access to specialized security expertise and tools.
Defender Context
CISOs are increasingly looking to external services to bolster their security posture, particularly in light of evolving threats and budget considerations post-COVID-19. Organizations should evaluate their internal capabilities and consider outsourcing when strategic, leveraging the expertise and tools offered by MSSPs for critical security functions.