69% of Organizations Predict Rise in Cybersecurity Budgets With Zero Trust Leading Planned Initiatives

Onclave Networks recommends prioritizing a fast-track budget to secure critical endpoints with Zero Trust microsegmentation.

69% of organizations are predicting their cybersecurity budgets will increase in 2022, with more than 25%  expecting double-digit growth, all to address the security issues that have arisen from rapid cloud migration, remote work and the growing threats of cyberattacks.

According to PWC’s 2022 Global Digital Trust Insights Survey, industries are moving towards adopting strategies such as cloud security, endpoint protection, and Zero Trust to better protect their networks. However, a significant majority are still in the early stages of planning and implementation.

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In response to this data, Onclave Networks, Inc. is urging organizations to concentrate on multi-faceted solutions that both identify and secure vulnerable OT/IoT endpoints and provide continuous monitoring and protection with Zero Trust and cryptographic microsegmentation.

“One factor that is slowing adoption of cybersecurity solutions is the market is oversaturated with complex and expensive systems that are difficult to deploy, lack quantifiable ROI and are not scalable,” said Onclave Network’s chief marketing officer, Scott Martin. “The Onclave TrustedPlatform™ is streamlined to work as an overlay with new and existing network infrastructure. It’s a single, integrated platform containing all the discovery and security management tools needed to ensure a Zero Trust environment.”

A key advantage of the Onclave TrustedPlatform™ is that it takes Zero Trust microsegmentation to the next level by detecting anomalous behaviors on the network, isolating threats, and continuously reassessing trust – protecting the most critical assets within the enterprise from cyberattacks launched from vulnerable endpoints in the network.

“This represents a breakthrough from most cybersecurity tools, such as firewalls and VPNs, which are not designed to protect against unauthorized lateral movement,” noted Martin. “The growing convergence of IT and OT has created far more endpoints and blind spots across all industries, which increases the overall attack surface and network vulnerability. These are the vulnerable endpoints that cyberattackers are increasingly looking to exploit.”

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