Endpoint security doesn’t always get the same attention as or share the high profile of network and Internet security, but that doesn’t diminish its importance within any organization. Endpoint security is your primary bulwark against threats from within.
Any security professional knows that once an attacker gets inside your network, damage is near inevitable. Endpoints — all the clients, computers, phones, tablets and IoT devices — provide that many more opportunities for someone or something malicious to slip through.
Endpoint security is also your safeguard against honest and simple human error. Most employees are woefully unaware of even common-sense security practices. It’s very easy for an employee to mistakenly cause a security breach or even accidentally destroy data themselves.
Thanks to the changes brought about by the rise in mobile and IoT devices as well as the increased presence of SaaS and machine learning, the overall picture of endpoint security is rapidly evolving.
And the endpoint security market isn’t just evolving, it’s growing at an alarming rate. According to CSO Online, the current market is worth around $7 billion U.S., but growth projections are taking the endpoint security into the stratosphere within the next six years or so. Grand View Research has the overall endpoint security market reaching $27.05 billion by 2024. Transparent Market Research is even more liberal in their predictions, stating that the industry will be worth a whopping $40 billion annually by 2026.
In any case, all indications point to a massive boom in endpoint security happening right now, and it’s no wonder why. Mordor Intelligence estimates $8 billion in losses to credit card fraud this year in the U.S. alone. With global desktop computer markets leveling off and smartphone market penetration exceeding 50% by large margins in most developed nations, the sheer (Read more...)
*** This is a Security Bloggers Network syndicated blog from InfoSec Resources authored by Nick Congleton. Read the original post at: http://feedproxy.google.com/~r/infosecResources/~3/6JO5NOiRvV0/