Endpoint Security Platforms were dominated by anti-malware technology once. Today, Endpoint Security Platforms matches new enterprise and cybersecurity paradigms.
Complementing further, Global security spending is forecast to reach $128 billion by 2020. To this, endpoint security spends comprising 24 percent of that total, and yet, over 70 percent of breaches originate on the endpoint.
Based on findings from Absolute, a major endpoint resilience firm revealed that endpoint security tools and agents fail, reliably and predictably. Absolute, in its new 2019 Global Endpoint Security Trends Report analyzed data from six million devices and one billion change events over the course of a year.
The complexity of endpoint device controls creates a false sense of security among organizations while, in reality, causing security gaps and significant risks due to regular and reliable tool failure.
Staggering findings on endpoint security degradation include:
- 42 percent of all endpoints are unprotected at any given time
- Two percent of endpoint agents fail per week, meaning 100 percent of endpoint security tools eventually fail – no tool is immune
- 28 percent of all endpoints are unprotected by anti-malware with 21 percent of these endpoints unprotected due to outdated or broken agents and 7 percent due to missing agents
- 100 percent of devices will have failed encryption controls at least once within one year
- Almost 1 in 5 devices become unreachable due to client management tool failures
- Client patch management agents fail around 50 percent more often than encryption agents
As cybercrime threatens to cost the world $6 billion annually in damages by 2021, organizations need to address these issues.
IT and security teams must be able to better understand what is happening on their devices and respond to suspicious events to reduce security failures.
Organizations should analyze the tools already in use to identify blind spots or opportunities to strengthen their defenses before adding more security controls.
“Evolving security threats have caused enterprises to layer on more and more endpoint controls, increasing complexity, impacting performance, and in some cases the collision of these controls is leaving the endpoint exposed,” said Christy Wyatt, chief executive officer at Absolute. “This complexity of the landscape is making it increasingly difficult for IT and security to have visibility and control. Our research shows the vulnerability that is introduced when critical security controls collide or decay over time. In other words, increased security spending does not increase safety.”
To Download the Complete Report: Click here