The growing number and complexity of threats, combined with the expansion of the attack surface, complicate the primary purpose of a SOC: detecting, analyzing, and responding to security incidents. These factors generate exponential growth in data volume and security alerts, which teams need more resources to address.

Migrating to the Cloud brings many advantages for companies. First of all, they reduce their operating costs by almost 40%. They also increase their agility, reduce the maintenance time of traditional IT infrastructures, and gain flexibility and scalability. However, as the number of workloads deployed in the Cloud grows, more and more organizations are struggling to keep pace with security requirements.

WatchGuard has been recognized by CRN in the 2022 Edge Computing 100 list in the Security category. This prestigious list highlights leading technology innovators that supply channel partners with next-generation edge technologies that allow businesses to capture, process, and use data in more intelligent ways. The categories recognized in this list include Edge Hardware, Software and Services; IoT and 5G Edge Services; and Security.

Inadequate cybersecurity is a severe issue that challenges SMBs and enterprises indiscriminately, putting them at risk. Reasons for the business impact include: To help businesses navigate cybersecurity risks, many delegate to internal or external security operation centers (SOC).

Multi-factor authentication adoption is booming. Regulatory pressures from different global initiatives, combined with companies making it a prerequisite to use their services and the rise in implementing the zero-trust model, have increased spending on this solution. The MFA market is estimated to be worth $12.9 billion and is expected to reach $26.7 billion by 2027, with an annual growth rate of 15.6% from 2022 to 2027.