9/7/2023 0 Comments Trend micro deep securityThis longstanding reputation for data protection and privacy has made security operations centers based in Switzerland appealing to large clients as well, the report says. According to the ISG report, legal regulations are forcing companies of all sizes to implement strong security measures, especially for data protection, a top priority in a country known worldwide for its banking industry. The growth in demand for local cybersecurity services isn’t limited to SMEs. Cybersecurity providers seeking to grow at an above-average rate in Switzerland should focus more on the needs of these companies, ISG says. A shortage of qualified resources and the need for constantly updated specialist knowledge are prompting many Swiss companies to turn to managed security services for assistance.īecause small and medium-sized enterprises (SMEs) typically have less mature IT systems than large enterprises, there has been stepped-up demand for cybersecurity solutions in this sector, the ISG report says. "For success in the Swiss cybersecurity market, ‘Swissness’ can be key."Īlthough quantifying threat risks and proving the ROI of cybersecurity measures hasn’t been easy, Swiss executives are steadily coming to the realization that cyberattacks can lead to massive, possibly existential, financial and image damage. "Clients in Switzerland often prefer providers from Switzerland," said Roger Albrecht, partner and co-leader, ISG Cybersecurity, based in DACH. The 2023 ISG Provider Lens™ Cybersecurity - Solutions and Services report for Switzerland finds that many Swiss firms appreciate the local presence of service providers, not only for their proximity, but also for support that is speedy and relatively uncomplicated. ZÜRICH, August 02, 2023-( BUSINESS WIRE)-A long tradition of sovereignty, privacy and independence is leading enterprises in Switzerland to choose local providers to address their growing cybersecurity concerns, according to a new research report published today by Information Services Group ( ISG) (Nasdaq: III), a leading global technology research and advisory firm. Switzerland’s banking industry and reputation for data protection give an edge to local security providers, ISG Provider Lens™ report says
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