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 provide organizations with a unified view of their security environment. By aggregating data from multiple sources, such as endpoints, networks, and cloud applications, XDR platforms can help security teams gain a more holistic understanding of potential threats. This enhanced visibility can enable organizations to detect malicious activities more quickly and accurately, reducing the risk of a breach going undetected.

Moreover, XDR platforms are designed to automate and streamline the incident response process. By leveraging advanced analytics and machine learning capabilities, XDR platforms can identify suspicious patterns and anomalies in real-time, helping security teams prioritize and investigate potential threats more efficiently. This proactive approach can significantly reduce the time it takes to detect and remediate security incidents, minimizing the impact on the organization’s operations.

Another key advantage of XDR platforms is their ability to provide context to security alerts. Traditional security tools often generate a high volume of alerts, many of which may be false positives or lack critical information needed for effective response. XDR platforms can help address this issue by correlating and analyzing data across disparate sources, allowing security teams to better understand the context of an alert and make more informed decisions about how to respond.

Furthermore, XDR platforms can help organizations improve their overall security posture by enabling better collaboration and information sharing among different security teams. By centralizing security data and workflows in a single platform, XDR can help break down silos and enable more effective collaboration between teams responsible for endpoint security, network security, threat intelligence, and incident response. This integrated approach can help organizations respond more effectively to security incidents and better protect their sensitive data and assets.

In conclusion, XDR platforms represent a significant evolution in cybersecurity technology, offering organizations a more comprehensive and effective way to defend against today’s sophisticated cyber threats. By providing enhanced visibility, automation, context, and collaboration capabilities, XDR platforms can help security teams detect and respond to security incidents faster and more effectively. As cyber threats continue to evolve, investing in an XDR platform can be a key strategy for organizations looking to strengthen their security defenses and protect their critical assets.

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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