Extended Detection and Response (XDR) Platforms Statistics


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Extended Detection And Response (Xdr) Platforms Statistics 2023: Facts about Extended Detection And Response (Xdr) Platforms outlines the context of what’s happening in the tech world.

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Top Extended Detection And Response (Xdr) Platforms Statistics 2023

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Extended Detection And Response (Xdr) Platforms “Latest” Statistics

  • According to ESG Research, 70% of security professionals say their organization is already formally investing in XDR or plans to do so within the next 6 months.[1]
  • More than 80% of organizations are planning increased investments in threat detection and response technologies.[1]
  • Accenture found that 68% of corporate executives said their cybersecurity risks were rising in 2020.[2]
  • According to ESG’s poll, 75% of businesses are unable to fill open positions with skilled analysts to assist security analytics and operations.[2]
  • ESG discovered that 75% of businesses find it challenging to combine data from several security technologies to identify threats.[2]
  • 75% of businesses have implemented one or more security measures that have fallen short of expectations.[2]
  • According to research by Proofpoint, spear-phishing attacks affected 88% of global enterprises in 2019.[2]
  • RiskBased reported that data breaches exposed 36 billion records during the first half of 2020.[2]
  • The average time to identify a complex breach is over 200 days, according to Spice Works.[2]
  • An XDR platform ingests data from SIEM, NDR, EDR, CASB, user entity behavior analysis (UEBA) and other tools and, unlike a SIEM, normalizes these disparate data sets into a common format.[2]
  • XDR can automatically identify complex attacks in many cases, often in minutes or hours instead of weeks or months.[2]
  • Most companies have spent millions acquiring and learning to use their existing tools.[2]
  • SIEM has been the basis of security operations for several years, but it often creates more work with fewer results.[2]
  • Within the next 6 months, 70% of security professionals say their organization is already formally investing in XDR.[1]
  • According to Spice Works, 75% of companies have a people skills gap, they can’t hire enough experienced analysts to support security analytics and operations.[2]

Also Read

How Useful is Extended Detection and Response Xdr Platforms

One of the key benefits of XDR platforms is their ability to consolidate data from multiple security layers, such as endpoint, network, and email security, into a single platform. This centralized approach allows for more efficient monitoring and analysis of security incidents, enabling organizations to detect and respond to threats in a timely manner. By correlating data from different sources, XDR platforms can provide a more comprehensive view of an organization’s security posture, making it easier to identify and address potential vulnerabilities.

Another advantage of XDR platforms is their automated response capabilities. Once a threat is detected, XDR platforms can automatically initiate response actions, such as isolating affected systems, blocking malicious activity, and remediation efforts. This automated process can help organizations save valuable time and resources, while also reducing the risk of human error that may occur during threat response.

Additionally, XDR platforms often include advanced threat hunting capabilities, allowing security teams to proactively search for hidden threats within their environment. By leveraging machine learning and artificial intelligence algorithms, XDR platforms can analyze large amounts of data to identify patterns and anomalies that may indicate malicious activity. This proactive approach to threat detection can help organizations stay one step ahead of cybercriminals and mitigate risks before they escalate.

Despite these benefits, it is important to recognize that XDR platforms are not a silver bullet solution to all cybersecurity challenges. While they can significantly enhance an organization’s security posture, they should not be seen as a replacement for other security measures, such as strong access controls, regular software updates, and employee training. XDR platforms are most effective when used in conjunction with a holistic cybersecurity strategy that addresses all aspects of an organization’s defenses.

Another consideration is the potential for false positives and false negatives when using XDR platforms. The automated nature of these platforms can sometimes result in inaccurate threat detection or response actions, which may lead to unnecessary alerts or overlooked threats. Security teams should be prepared to fine-tune the algorithms and rules within their XDR platform to minimize these issues and ensure that they are getting the most accurate and actionable insights.

In conclusion, while XDR platforms can be a valuable tool in an organization’s cybersecurity arsenal, they are not a replacement for a comprehensive security strategy. By leveraging the centralized data analysis, automated response capabilities, and threat hunting features of XDR platforms, organizations can enhance their ability to detect and respond to cyber threats effectively. However, it is crucial to remain vigilant, continuously assess the performance of XDR platforms, and supplement them with other security measures to ensure a strong defense against evolving cyber threats.

Reference

  1. mandiant – https://www.mandiant.com/resources/insights/what-xdr
  2. spiceworks – https://www.spiceworks.com/it-security/network-security/guest-article/is-extended-detection-and-response-xdr-the-ultimate-foundation-of-cybersecurity-infrastructure/

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