Alexandra Borgeaud
Research expert covering cybersecurity and tech in Latin America
Endpoint security - statistics & facts
While technological developments offer huge economic and social opportunities, they also change the nature and magnitude of possible IT security threats. In recent years, endpoint security – the protection of network-connected computing devices communicating with other points and devices across the network – has become an essential aspect of modern cybersecurity. From PCs, tablets, and mobile phones to smart vehicles and light bulbs, these devices form endpoints on a network, although they are often the starting point of a cyberattack, which is why a focus on endpoint security is essential. The global endpoint security market is projected to reach over 16 billion U.S. dollars in 2024 and is forecast to keep growing as cybersecurity is of paramount importance to businesses today.
Adoption of endpoint security solutions
Endpoint security is especially relevant in a corporate environment, and businesses are well aware of the importance of keeping their endpoints safe from cyberattacks. By investing in endpoint security solutions, companies not only protect their sensitive data but also safeguard their reputation, customer trust, and financial stability in the long run. Endpoint security or protection solutions include antivirus software, endpoint detection and response (EDR) software and services, and multi-factor authentication among others. Furthermore, next-generation endpoint security technologies such as vulnerability assessment or mapping, encryption, as well as centralized dashboards are also being widely deployed in global organizations to ensure the safety of their devices, not to mention the growing use of artificial intelligence for cybersecurity.IoT devices and challenges ahead
As the number Internet of Things (IoT) devices such as smart sensors and smart cars is expected to increase at a great speed, they account for an ever-growing share of network-connected enterprise endpoints. Endpoint devices are protected to different degrees in companies: network devices such as servers and routers are generally the best covered by security solutions, while computing devices such as desktops and laptops are also relatively well protected. As an increasing number of endpoints are based on the cloud, cloud security has become a top priority. Looking ahead, IoT security is sure to attract more attention among modern businesses seeking to ensure the safety of their entire enterprise device network.
