For the second consecutive year, WatchGuard Technologies was recognized as a Cybersecurity Channel Champion in the 2023 Canalys Global Cybersecurity Leadership Matrix. The annual report assesses vendor performance in the channel over the previous 12 months based on partner feedback, vendor surveys, Canalys shipment estimates, and analyst insight.

We hear time and time again that humans are the biggest vulnerability in cybersecurity. For instance, the 2023 Verizon Data Breach Investigations Report (DBIR) states that 74% of data breaches investigated were caused by human error, such as social engineering attacks, flaws or misuse of systems.

Cyberattacks are evolving and growing more sophisticated, organizations are reacting to this by scaling the cybersecurity solutions they deploy to include services that go beyond threat protection. They are increasingly realizing that other factors such as monitoring and responsiveness are key to protecting their business.

On February 2nd, the remote desktop application AnyDesk was the target of a cybersecurity breach, marking a significant event in digital security. Hackers infiltrated AnyDesk's production environment, sparking concerns over data integrity and user security.

Malware attacks continue to be the order of the day for businesses. The adaptability of threats and the fact that new attack models spread almost daily mean they are still very much a concern among cybersecurity professionals. The rise of malicious threat actors seems unstoppable. According to Gartner, by 2025, 45% of organizations worldwide will have experienced attacks on their software, which represents a staggering 300% growth since 2021.

Ranging from the process of recovering stolen data to having to hire legal services, a cyberattack generates a series of costs that companies have to face. According to an IBM report, the global average cost of a data breach reached $4.45 million in 2023, which represents an increase of 15% in three years. This seven-digit figure is clearly worrying.

In today's rapidly evolving cyber threat landscape, organizations across all industries face an imperative need to safeguard their digital assets. Adherence to standard security frameworks, regulations, and insurance requirements is not just a strategic step towards a robust cybersecurity posture but a matter of compliance. These standards, regulations, and insurance requirements mandate ongoing vulnerability management and patching to mitigate risks and protect sensitive data.

Managed security services are growing across all regions. Companies are placing greater emphasis on cybersecurity and traditional MSPs have added these services to their offerings to meet this need.

Users are becoming increasingly aware of where and how their information is shared, and their concerns regarding the need to keep that data private are growing in turn. Digitalization, rising daily averages for time spent on the Internet and connected devices, along with the ongoing proliferation of cyberattacks, have made individuals more cautious than ever when it comes to providing information online – and rightfully so.

Technology is a crucial part of today’s healthcare and pharmaceutical industries. Advances in medical devices, data use, and interconnected systems have significantly improved patient care, reduced costs, and increased efficiency. However, as the sector’s reliance on technology grows, so does the risk of cyberattacks.