Riding on the AI and machine learning wave, security analytics to reach $12 billion by 2024
There are, however, quite a few pervasive challenges for security analytics both in what they encompass and what they can and should offer, as well as how the technology should evolve. “Most organizations understand security analytics as an elusive cluster of different technologies encompassing ‘a little bit of everything’. While on a top level they are somewhat correct on that respect, they, unfortunately, opt to pick whatever makes sense budget-wise,” explained Pavlakis. “The issue is not only that they choose a lower Total Cost of Ownership (TCO) over security, but also have unrealistic expectations about the intelligence-gathering and the level of cybersecurity readiness of their chosen solution.”