Security News > 2021 > May > Cybersecurity technology is not getting better: How can it be fixed?
A recent Garrison Technology-backed survey of business and cybersecurity leaders indicates there's at least one reason that's not getting much press.
The survey's report Cybersecurity Technology Efficacy: Is cybersecurity the new market for lemons? said even with more than a 50% increase in spending over the past five years, cybersecurity is not having much success.
The survey report suggested one very real issue plaguing cybersecurity products is the inability of buyers to effectively evaluate them, which in turn leads to the purchase of ineffective technology.
"It's not fair to say that organizations lack a sophisticated understanding of cybersecurity technology in general," Harrison said.
"What's needed to fix the broken cybersecurity market above all is for the cost of evaluating cybersecurity products to be amortized across the large number of buyers," Harrison said.
Independent consultant Joseph Hubback conducted over 100 interviews with CISOs, cybersecurity vendors, technology vendors, enterprise leaders, assessment organizations, government agencies and industry associations or regulators.