Global Vulnerability Scanning in BFSI Market Overview:
Vulnerability scanning is usually known as 'Vuln Scan,' is a mechanized automated procedure of proactively recognizing network, application, and security weaknesses. Vulnerability scanning is ordinarily performed by the IT division of an association or an outsider security specialist organization. The scanning system involves recognizing and grouping framework shortcomings for networks, communication hardware, and PCs. Moreover, the Vulnerability scanning additionally scans how powerful countermeasures are if there should be an occurrence of a threat or attack. A vulnerability scanning administration utilizes a piece of programming running from the viewpoint of the individual or association examining the attack surface being referred to. The weakness scanner utilizes a data set to analyze insights concerning the objective assault surface.
- Increase in number of data stealing and unauthorized access to client’s data
- Identify the level of risk on the system and save money and time
- Not able to find every vulnerability through scanning
- Sometimes vulnerability scanning provides a false sense of security
- Development and integration of new technology to reduce the errors in current vulnerability scanning
- Development of technology infrastructure in the emerging countries
- High cost of maintenance and services of vulnerability scanning
- Stringent government rules and regulations regarding the BFSI sector
Vulnerability Scanning in the BFSI market is a highly fragmented market with the availability of different sizes of organizations. The companies are majorly involved in research and development activities to develop new and integrate the technology advancement to grow the market presence and avail competitive advantages.
Some of the key players profiled in the report are AT&T Cyber Security (United States), AVG Technologies (Czech Republic), Cisco (United States), Dell (United States), ESET (Slovakia), FireEye (United States), Fortinet (United States), H3C Technologies (China), Huawei (China), IBM (United States), Microsoft (United States) and NSFOCUS (China). Additionally, following companies can also be profiled that are part of our coverage like Check Point (Israel), Hewlett Packard (United States), Kaspersky (Russia), Palo Alto Networks (United States), Trend Micro (Japan) and Venustech (China). Analyst at AMA Research see United States Players to retain maximum share of Global Vulnerability Scanning in BFSI market by 2026. Considering Market by Network, the sub-segment i.e. External Vulnerability Scan will boost the Vulnerability Scanning in BFSI market.
Latest Market Insights:
On 18 September 2019, Microsoft’s GitHub announced that it has acquired Semmle, a code analysis tool that helps developers and security researchers discover potential vulnerabilities in their code. Semmle takes a lot of the manual work out of security testing and instead offers a query language that allows researchers to test their code, using the service’s analysis engine. Over time, the GitHub team plans to integrate Semmle closely into the GitHub workflow.
On 21 October 2020, Cloud-native application security company Snyk announced that the Snyk Intel vulnerability database will be integrated into IBM Cloud security capabilities to enhance security for enterprise workloads. IBM is working to integrate Snyk’s comprehensive security coverage into its public cloud security capabilities to help developers automatically find, prioritize and fix vulnerabilities in open source dependencies and containers throughout their entire workflow.
What Can be Explored with the Vulnerability Scanning in BFSI Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Vulnerability Scanning in BFSI Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Vulnerability Scanning in BFSI
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vulnerability Scanning in BFSI market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vulnerability Scanning in BFSI market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Government Regulatory Bodies, Technology Solution Suppliers, Financial Organizations, Banking Institutions and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Vulnerability Scanning in BFSI Market?
The Vulnerability Scanning in BFSI market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Vulnerability Scanning in BFSI Market?
Top performing companies in the Global Vulnerability Scanning in BFSI market are AT&T Cyber Security (United States), AVG Technologies (Czech Republic), Cisco (United States), Dell (United States), ESET (Slovakia), FireEye (United States), Fortinet (United States), H3C Technologies (China), Huawei (China), IBM (United States), Microsoft (United States) and NSFOCUS (China), to name a few.
3. What trending factors would impact Vulnerability Scanning in BFSI Market growth most?
"The proportion of high-risk vulnerabilities is steadily decreasing
" is seen as one of major influencing trends for Vulnerability Scanning in BFSI Market during projected period 2020-2026.