High risks and scarce skills drive the Swiss cybersecurity market

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ZURICH–(BUSINESS WIRE)–Based on a new research report released today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory company.

The ISG Provider Lens™ Cybersecurity — Solutions and Services 2022 report for Switzerland reveals that the growth of remote working due to the COVID-19 pandemic, as well as the proliferation of new enterprise devices, have increased entry points potential for data breaches and cyberattacks. At the same time, the war in Ukraine has led to a greater perception of risk. As Swiss companies focus more than ever on security, they are struggling to recruit enough experts in the field.

“Nearly 11,500 cyber events were reported to the National Cybersecurity Center of Switzerland in the second half of 2021 alone, and they are increasingly sophisticated,” said Roger Albrecht, Co-Head, ISG Cybersecurity. “Businesses need help staying ahead of both simple ransomware attacks and advanced, rapidly evolving cybercrime operations.”

As more businesses and government agencies digitize their processes and intellectual property, protecting business computing and communications becomes more vital than ever, the report says. Swiss organizations are adopting advanced tools to prevent intrusions and data theft and are turning to external vendors for end-to-end security services and integrated solutions.

For data protection, Swiss companies favor providers with security operations centers (SOCs) in Switzerland, says the ISG. While companies with an international presence need globally distributed SOCs, they also value local facilities, especially for compliance with internal and legal regulations. A local presence, including both SOCs and contacts who speak the local language, is even more important for medium-sized organizations.

“Swiss companies can choose from strong local providers, especially in identity and access management and technical security services,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.

At the same time, more and more organizations are becoming strategic rather than reactive in the face of rising cyber threats, the report says. Many are working with technical security service providers to implement a zero-trust approach or a Secure Access Service Edge (SASE) architecture.

The report also examines other cybersecurity trends in Switzerland, including the growing importance of user education and the adoption of advanced endpoint protection and other new technologies.

The ISG Provider Lens™ Cybersecurity — Solutions and Services 2022 for Switzerland report assesses the capabilities of 88 providers in six quadrants: Identity and Access Management (IAM), Data Leakage/Loss Prevention (DLP), and Data Security, Advanced Endpoint Threat Protection, Detection and Response (Advanced ETPDR), Technical Security Services (TSS), Strategic Security Services (SSS), and Managed Security Services (MSS).

The report identifies IBM as a leader in five quadrants and Atos as a leader in four quadrants. It names Accenture, Capgemini, HCL, Microsoft and Swisscom as leaders in three quadrants each. Broadcom, InfoGuard, ISPIN, Trend Micro, T-Systems, United Security Providers and Wipro are named leaders in two quadrants each. The report names Aveniq, Axians, Bechtle, Check Point, CrowdStrike, Deloitte, DXC Technology, Ergon, Forcepoint, HelpSystems, KPMG, Matrix42, NEVIS, Okta, Orange Cyberdefense, Ping Identity, PwC, RSA, Sentinel One, Sophos, TCS, Trellix and VMware Carbon Black as leaders in one quadrant each.

In addition, IBM, InfoGuard, and Wipro are designated as rising stars—companies with a “promising portfolio” and “high future potential” as defined by ISG—in one quadrant each.

Custom versions of the report are available from Axians, Ergon (Airlock), InfoGuard, ISPIN and Swisscom.

The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services for Switzerland report is available for subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider assessment of its kind to combine data-driven empirical research and market analysis with the consulting team’s real-world experience and insights. world of ISG. Companies will find a wealth of detailed data and market analysis to help them select appropriate sourcing partners, while ISG advisors will use the reports to validate their own market knowledge and make recommendations to client companies. from ISG. The search currently covers providers offering their services worldwide, across Europe, as well as in the US, Canada, Brazil, UK, France, Benelux, Germany, Switzerland , Nordics, Australia and Singapore/Malaysia, with additional markets to be added. in the future. For more information on the ISG Provider Lens research, please visit this webpage.

A complementary research series, the ISG Provider Lens Archetype Reports, offers a one-of-a-kind assessment of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a global leader in technology research and consulting. A trusted business partner to more than 800 customers, including more than 75 of the world’s 100 largest enterprises, ISG is committed to helping enterprises, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The company specializes in digital transformation services, including automation, cloud, and data analytics; procurement advice; governance and risk management managed services; network operator services; design of strategy and operations; change management; business intelligence and technology research and analysis. Founded in 2006 and headquartered in Stamford, Connecticut, ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries – a global team known for its innovative thinking, market influence, deep expertise in industry and technology and its world-class expertise. research and analysis capabilities based on the most comprehensive market data in the industry. For more information, visit www.isg-one.com.

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