A recent survey by Gartner, Inc., found that 75% of organizations are pursuing security vendor consolidation in 2022, up from 29% in 2020.
Goliath Cyber Security Group was formed to specifically help Small & Mid-Sized organizations work with a single (one shoulder to tap) Trusted Cyber Security vendor to increase their Cyber Risk Posture.
The survey found that 57% of organizations are working with fewer than 10 vendors for their security needs, as they are looking to optimize to fewer vendors in key areas like Secure Access Service Edge (SASE) and Extended Detection and Response (XDR).
The survey was conducted online during March and April 2022 among 418 respondents from North America, Asia Pacific and EMEA. Its objective was to determine organizations’ security vendor consolidation efforts and priorities, and the drivers and benefits of consolidation endeavors.
The survey found that organizations want to consolidate their security vendors to reduce complexity and improve risk posture, not to save on budget or to improve procurement. Sixty-five percent of surveyed organizations expect to improve their overall risk posture, and only 29% of respondents expect reduced spending on licensing.
Goliath offer’s an all-in-one consolidation solution that removes working with multiple vendors for SMB’s to individual services offerings like Managed Security Services, Pen Testing, Table top Exercises, IR & Forensics, Vulnerability Management, Compliance Services, and more.
Reference Gartner Article here
Contact the Goliath team and see how we can help you consolidate your cyber security vendors and protect your brand with our services offerings.