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Information Services Group (ISG) (Nasdaq: III) has released a report highlighting the cybersecurity challenges faced by U.S. public sector agencies. The 2024 ISG Provider Lens™ Cybersecurity report reveals that state, local, and educational (SLED) organizations are highly vulnerable to evolving cybercrime techniques, despite significant government spending on cybersecurity.

Key findings include:

• A $400 million federal grant program for state and local agencies
• Expected increase in training investments
• Growing demand for third-party cybersecurity services
• Adoption of Generative AI (GenAI) platforms with associated risks
• Investments in extended detection and response (XDR) and security service edge (SSE)
• Shift towards zero-trust approaches and AI-powered automated responses

The report evaluates 77 providers across six quadrants, naming several Leaders in multiple categories.

The 2024 ISG Provider Lens™ Cybersecurity report for Brazil highlights the growing cybersecurity challenges faced by Brazilian enterprises. Key points include:

1. Many companies struggle to adopt effective cybersecurity tools and solutions quickly.
2. Phishing attacks have significantly increased, targeting both corporate and personal emails.
3. Enterprises need a multifaceted approach, including access controls, MFA, and regular training.
4. Extended Detection and Response (XDR) is becoming important for cybersecurity command centers.
5. The report evaluates 96 providers across nine quadrants, naming several Leaders in various categories.

ISG emphasizes the need for Brazilian companies to prioritize cybersecurity investments and develop a security mindset throughout their organizations.

The 2024 ISG Provider Lens™ global Cybersecurity report highlights the growing adoption of advanced security systems by enterprises worldwide. Facing sophisticated cyber threats, companies are increasingly turning to extended detection and response (XDR) and security service edge (SSE) solutions. These technologies offer more comprehensive and scalable security frameworks for modern IT environments, including cloud-based applications and remote work setups.

XDR platforms provide a holistic view of an organization's security posture by correlating data from multiple security layers. SSE solutions centralize security policies and enforce them across all endpoints and applications. The report also notes the rising importance of identity and access management (IAM) and the demand for vendors offering open standards and pre-built integrations with existing security tools.

Information Services Group (ISG) has announced the finalists for the 2024 ISG Women in Digital Awards, recognizing exceptional leadership among women in digital roles. The program features 458 women finalists across the Americas, EMEA, Asia Pacific, and India in five award categories. An online ISG Women in Digital eBook details the finalists and independent judging panels. Winners will be announced during virtual ceremonies in September.

The award categories include Digital Innovator, Rock Star Leader, Women's Advocate, Rising Star, and Digital Titan of the Year. The program, part of the ISG Women in Digital community established in 2018, aims to promote the advancement of women in digital roles and provide a platform for exchanging advice and ideas on diversity in the workplace.

The 2024 ISG Provider Lens™ Cybersecurity report for the U.K. highlights a trend among enterprises to integrate individual security tools into a unified security framework. This approach aims to counter increasingly complex cyberattacks by improving threat visibility and response times. The report emphasizes the growing strategic importance of cybersecurity, with businesses aligning security measures with overall goals and including cyber experts on corporate boards.

Key findings include:

• Adoption of unified management interfaces for consolidated security functions
• Focus on creating a cybersecurity awareness culture across organizations
• Increasing trend towards cyber risk quantification services
• Evaluation of 112 providers across eight cybersecurity quadrants

The report names several companies as Leaders in multiple quadrants, including IBM, Accenture, BT, Capgemini, and Deloitte.

The 2024 ISG Provider Lens™ Cybersecurity report for Australia highlights the increasing focus on cybersecurity among Australian enterprises and government agencies. Key findings include:

Rising threats: More frequent and severe cyberattacks, including ransomware and supply chain attacks, are targeting critical infrastructure.

Regulatory response: The Australian government is imposing new cybersecurity mandates and guidelines.

Technology adoption: Organizations are investing in AI and automation tools for threat detection and defense, as well as identity and access management (IAM) solutions.

Market trends: There's a growing demand for strategic security services, managed security services, and comprehensive, flexible security toolkits.

Challenges: The industry faces a shortage of skilled security workers and concerns about AI risks.

The 2024 ISG Provider Lens™ Cybersecurity report reveals that U.S. enterprises are intensifying their cybersecurity investments due to a surge in data breaches. Key findings include:

1. Healthcare and financial services are the most targeted sectors.
2. Companies are adopting AI for vulnerability analysis and prediction.
3. Extended Detection and Response (XDR) and Security Service Edge (SSE) are becoming essential.
4. Large enterprises are implementing Zero Trust Architectures (ZTAs).
5. SMBs are focusing on fundamental security measures and managed services.

The report evaluates 108 providers across ten quadrants, with IBM leading in six quadrants. Other notable leaders include Accenture, Deloitte, and TCS.

According to the 2024 ISG Provider Lens™ report, enterprises in France are shifting from a 'cloud first' to a 'cloud right' strategy, reassessing their hybrid cloud architectures. This new approach balances private and public cloud benefits, considering licensing costs, modernization expenses, and regulations on healthcare data, privacy, and data sovereignty.

The report highlights that service providers are well-prepared to help enterprises comply with certain new regulations, such as Hébergeur de Données de Santé (HDS) certification for healthcare and CNIL standards for data privacy. However, challenges remain in meeting strict French data sovereignty requirements, with few providers offering SecNumCloud certifications from ANSSI.

The report also notes that midmarket enterprises in France prioritize cost and performance over data sovereignty, enabling more flexible multicloud and hybrid infrastructures.

Information Services Group (ISG) (Nasdaq: III) hosted Startup Challenges at recent events in London and New York, showcasing innovative AI and automation solutions. SilkFlo, a SaaS platform for automation and AI pipeline management, won the challenge at the ISG Digital Business Summit in London. At the ISG Future Workplace Summit in New York, Kognitos, which enables business users to build automated workflows using natural language, emerged victorious. Ema, offering a universal AI employee that integrates with existing IT infrastructure, won at the ISG Xperience Summit in New York.

These challenges provide entrepreneurs with a platform to pitch their technologies directly to engaged technology leaders, helping them refine their strategies and gauge market interest. The winning solutions align with top enterprise priorities for AI, including creating long-term strategies and identifying use cases for revenue growth and improved customer experience.