Cybersecurity threats to enterprises and cloud service providers are on the rise, with the sheer number of attacks increasing and new destructive approaches, such as ransomware, emerging. Applications that defend against these threats and secure enterprise assets are in high demand. Continually evolving attack methods will require new forms of cybersecurity to minimize risk.
Enterprises and cloud service providers are bracing for new forms of network security threats as attack methods become more sophisticated and global regulations, such as the European Union’s General Data Protection Regulation, require rigorous protections be implemented for the storage, transfer and processing of data. The heightened need for strengthened security provides opportunities for companies to develop solutions to mitigate risk, such as network firewalls, encryption engines, content filtering devices, intrusion detection appliances, backup and recovery systems and antivirus scanning devices.