Global Data Exfiltration Market (2021 to 2026) – Growth, Trends, COVID-19 Impact, and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Data Exfiltration Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The data exfiltration market is expected to register a CAGR of 12% during the forecast period.
Companies Mentioned
- NortonLifeLock
- McAfee LLC
- Palo Alto Networks
- Google LLC
- Fortinet
- HP Inc
- Cisco Systems inc.
- GTB Technologies
- Check Point Software Technologies
- Juniper Networks
- Hackerone Inc
- Barracuda Networks
- Sophos Group plc
- Zscaler
Key Market Trends
Small and Medium-Sized Enterprises to hold major market share
- Most of the SMEs focus on preventing threats from entering the network than on detecting and stopping the data from being infiltrated and generally opt to practices, such as purchasing more security products and investment in employee security training.
- For instance, Security training by Barracuda Network Called Barracuda PhishLine trains employees to understand the latest trend security attacks, subtle clues, prevent email fraud, data loss through continuous stimulation.
- Also, employees at SMEs due to lack of security training are prone to human and procedural failures, such as failing to maintain security certifications, which evidently makes it easier for data exfiltration to occur. For instance, the Investigation report on Equifax by the United States Senate state that Equifax’s negligence of cybersecurity and human errors caused it to suffer a devastating data breach.
- Additionally, as organizations around the world are addressing the scourge of COVID-19 pandemic since the announcement of lockdown, companies mitigated the spread of the coronavirus by allowing employees to work remotely, but cybercriminals could potentially take advantage of the situation by perpetrating new attacks tied to health care and financial efforts.
- It has been reported by various media outlets that cyber attackers are mimicking communications from major health organizations, such as WHO, CDC, and government bodies including Medicare, SSA, and IRS and attacking organization by means of phishing attacks, vishing campaigns to indulge fear and gain access to sensitive data.
Asia-Pacific is Estimated to Grow the Fastest among all Regions
- According to the report, Grand Theft Data published by McAfee suggest that organizations in Asia-Pacific reported the average highest number of breaches with more than 10% of Asia-Pacific companies accounting 20 breaches.
- The study also states that data exfiltration due to insider thefts accounted for 50% data loss at the organization in Asia-Pacific compared to less than 40% in the United Kingdom and 41% in North America.
- The organizations in the region experiencing data loss across a wide range of formats, content, and methods ranging from documents to databases reported 90% of them were the case of exfiltration of data, which evidently elevates the growth of the market.
- Also, over recent years, countries in the region have been working on the expansion of broadband infrastructure so as to build a stronger ICT industry by embracing and deploying cloud infrastructure and cloud computing that hold potential liability for data exfiltration, thereby fostering the market growth. For instance, according to the World Bank Study on Interoperability Readiness and Demand Assessment of government agencies showcased that government agencies in countries, such as the Philippines, prefer to deploy public services through cloud offerings.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Porter’s Five Forces Analysis
4.6 Assessment of the COVID-19 Impact on the Industry
5 MARKET SEGMENTATION
5.1 Organization Size
5.2 Component
5.3 End-user Vertical
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 India
5.4.3.2 China
5.4.3.3 Japan
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of Latin America
5.4.5 Middle-East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.2 Investment Analysis
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/o7xon
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