Global Cyber Crisis Management Market Overview:
Cyber crisis management aims at minimizing the threat and impact of cyber threats on companies and business operations as it helps in restoring data, credibility, and security. It provides rapid detection of cyber incidents and offers structured recovery plans to limit the damages. It manages the crisis and threat to operations protecting from the potential consequences. It is widely used in various industries and all sizes of organizations to prepare themselves fr managing cyber incidents effectively and efficiently.
- Rising Cyber Security Concerns Like Phishing and Malware Attacks
- Need to Protect the Networks and Data in Business Operations From Unauthorized Access
- The popularity of Improved Information Security and Business Continuity Management
- Technical Supportability Related Problems and Regulatory Compliances
- Growing Spendings of Organisation on Cyber Crisis Management in Developing Economies
- Complexity in the Cyber Crisis Management Operations
Some of the key players profiled in the report are IBM (United States), Cisco Systems, Inc. (United States), Hewlett Packard Enterprise Company (United States), Optiv Security, Inc. (United States), Palo Alto Networks, Inc. (United States), Immersive Labs (United Kingdom), Rapid7, Inc. (United States), McAfee Corp. (United States), Konfidas (Israel) and Symantec (United States). Considering Market by Components, the sub-segment i.e. Software will boost the Cyber Crisis Management market. Considering Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Cyber Crisis Management market. Considering Market by Cyber Crisis, the sub-segment i.e. Phishing will boost the Cyber Crisis Management market. Considering Market by Organisation Size, the sub-segment i.e. Large Size Enterprise will boost the Cyber Crisis Management market.
Latest Market Insights:
On 20 July 2020, Immersive Labs, the company empowering organizations to equip, exercise, and evidence human cyber capabilities, announced an industry-first solution to create better-drilled crisis response across institutions of all sizes. Cyber Crisis Simulator will allow people to virtually test their organizationís reactions to the latest real-world attacks and is designed to be relevant to everyone from legal and communications teams, to cybersecurity specialists.
On 17th December 2020, Palo Alto Networks launched a rapid response program to help SolarWinds Orion customers navigate risks from cyberattacks. SolarWinds Orion products are currently being exploited by malicious actors to gain access to the company's systems, activity being tracked by Palo Alto Networks' Unit 42 as SolarStorm.
"The EU Agency for Cybersecurity (ENISA), works hands-on with the EU the Member States the European Commission, and other Agencies, to help either prevent or effectively respond to cybersecurity incidents and crises. Within its policy remit, ENISA has been supporting the field of European cyber incident and crisis management for several years, with activities ranging from crisis simulations to trainings, support to the Member States in developing their crisis plans and structures, international conferences, and several studies."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cyber Crisis Management 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 Cyber Crisis Management 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 Cyber Crisis Management Providers, Cyber Crisis Management Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
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.