Citing an uncommon alignment between enterprise IT teams asking for more security investment and business leadership willing to do so, SaaS-based network security revenues rose 26% in the quarter, Dell Oro says.
Automated bots operated by malicious actors are costing businesses an average of 3.6 percent of their annual revenue. For the 25 percent worst affected businesses, this equates to at least $250 million every year. Even more concerning is the time it takes to discover these attacks. On average, more than 14 weeks pass before a successful attack is detected.