228 | Breaking Analysis | Security budgets are growing but so is vendor sprawl

Organizations continue to spend more on security with 87% of firms expecting to increase spend on cyber in the next twelve months. But are we safer?

It’s estimated that firms on average have between 60-75 security tools installed. While leading vendors logically market the benefits of addressing tools sprawl and complexity through consolidation, the data suggests that more than half the firms are increasing the number of security vendors installed with a very small percentage able to affect vendor consolidation.