A shocking number of companies are running an excessive number of security tools in an attempt to gain real-time visibility—which has led to serious threats and oversight across the enterprise.
In a recent study by Panaseer, the security monitoring firm polled 200 enterprise CISOs to learn about the strategic challenges their organizations faced. Panaseer found that 87% of respondents claimed they were struggling to gain meaningful insight into their data. The various security tools they’ve employed have created complex, siloed IT systems that lead to inefficient, outdated data collection.
According to the study, the average organization was running 57 separate security tools—and 27% of respondents were running more than 76 as they tried to protect data and mitigate risk. In reality, implementing this many separate products is inefficient and more dangerous to the enterprise because it is impossible for organizations to keep track of accurate data within so many siloes. In fact, more than 70% of respondents in the study said they didn’t evaluate their security tools based on their effectiveness in reducing cyber risk.
Because of these separate security tools, security teams are forced to spend countless hours manually evaluating their data, formatting spreadsheets, and compiling reports. These administrative tasks waste time for already busy teams, which leads to more potential errors.
To overcome these risks and restore efficiency across the enterprise, automating processes is key. Manual reports leave too much room for human error—and they become outdated almost immediately. Instead, organizations should consider a comprehensive risk management solution that eliminates siloes, increases efficiency, and provides a complete view of the company’s security posture.
If you’re ready to let go of your excessive security tools and adopt an end-to-end solution, set up a TruOps demo with me. In just 30 minutes, I’ll introduce you to our all-in-one dashboard that will integrate and automate all your mission-critical GRC functions.