The cybersecurity landscape is accelerating in complexity and scale. While cybersecurity spending has grown at a Compound Annual Growth Rate (CAGR) of approximately 10% over the past decade, the CAGR for breaches has surged to an alarming 34%, and the lines are diverging. This highlights three severe problems:
- The security industry, as we know it, is broken.
- You can’t spend your way out of the problem.
- Spending more money gives organizations a false sense of security.
This disparity underscores the need for a paradigm shift in our approach to security and enables the CAGR lines to converge. Integrity controls offer a solution to the most persistent challenges in today’s cyber ecosystem. Below are seven major challenges that hinder security in key management solutions and how organizations can overcome them.
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