Intel Study: Secure Systems Start with Hardware

Rhea-AI Summary

Intel has released a study highlighting the growing importance of hardware-assisted security solutions in organizations' cybersecurity strategies. The study found that 64% of respondents prefer innovative technology providers, with 36% currently using hardware-assisted solutions. Furthermore, 47% plan to adopt these solutions within the next year. The increasing sophistication of cyber threats is driving businesses to enhance their security measures, with $172 billion projected spending on cybersecurity in 2022.

Positive

• 64% of organizations prefer purchasing from innovative technology providers.
• 47% of organizations plan to adopt hardware-assisted security solutions in the next year.
• $172 billion projected spending on cybersecurity in 2022 indicates strong market demand.

Negative

• Only 36% of organizations currently use hardware-assisted security, highlighting potential lag in adoption.
• Less than half (48%) of organizations have visibility into new vulnerabilities and patches.

Organizations are looking to vendors and solutions that prioritize security innovation in today’s rapidly evolving threat landscape.

NEWS HIGHLIGHTS

• Global study reveals 64% of respondents say their organizations are more likely to purchase technologies and services from technology providers that are leading edge with respect to innovation.
• 36% of respondents have adopted hardware-assisted security solutions and 47% of respondents say their organizations will adopt these solutions in the next six months (24%) or 12 months (23%), suggesting there is a growing awareness that hardware-assisted security capabilities are critical to a robust security strategy.
• Of those same 36% of respondents using hardware-assisted security solutions, 85% say hardware and/or firmware-based security is a high or very high priority in their organization. And 64% say it is important for a vendor to offer both hardware- and software-assisted security capabilities.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Today, Intel released the results of a study exploring how organizations approach security innovation in an increasingly digital world to stay ahead of the evolving threat landscape. Key findings reveal that organizations value security product innovation, especially at the hardware level, when purchasing technologies and services.

Businesses are expected to spend $172 billion in 2022 on increasing their cybersecurity commitments and enhancing measures to protect themselves. Organizations recognize hardware-assisted security capabilities are critical to a robust security strategy, with many searching out transparent technology providers to supply innovative security solutions. And adoption is growing; while the study found only 36% of respondents say their organization’s current cybersecurity protocols use hardware-assisted security solutions, 47% say these solutions will be adopted in the next six months (24%) or 12 months (23%).

“The security threat landscape continues to evolve, becoming more sophisticated and challenging for organizations to defend against,” said Suzy Greenberg, vice president, Intel Product Assurance and Security. “Today more than ever, companies are demanding assurance capabilities and hardware-enhanced security solutions that help protect the entire compute stack. Intel is in a unique position to deliver these innovations on behalf of our customers.”

Study Highlights

Ponemon Institute independently conducted a survey of 1,406 individuals in the United States, Europe, the Middle East, Africa and Latin America who influence their organization’s information technology (IT) decision-making regarding investment in security technologies.

Key findings from the study, sponsored by Intel, include:

• 64% of respondents say their organizations are more likely to purchase technologies and services from technology providers that are leading edge with respect to innovation.
• The top areas of focus for security innovation within organizations today are security automation (41% of respondents), security at the silicon level (40% of respondents), cloud migration (40% of respondents), and education and training (38% of respondents).
• 53% percent of respondents say their organizations refreshed their security strategy because of the pandemic.
• Of the 36% of organizations using hardware-assisted security solutions, 85% say hardware- and/or firmware-based security is a high or very high priority in their organization. And 64% also say it is important for a vendor to offer both hardware- and software-assisted security capabilities.

Zero Trust and Transparency Trends

Key findings indicate that organizations are looking to integrate hardware-based security solutions into their Zero Trust strategies. Of the 36% of organizations using hardware-assisted security solutions, 32% of respondents have implemented a Zero Trust infrastructure strategy, and 75% of respondents expressed increased interest in Zero Trust models as the pandemic continues and the remote workforce grows. As organizations incorporate new security technologies, hardware-assisted security complements existing protocols and bolsters overall security hygiene.

Additionally, the rapid sophistication of the threat landscape requires organizations to be one step ahead of security updates, although challenges remain when it comes to managing vulnerabilities and patching updates. The study reveals that fewer than half of organizations have visibility into newly disclosed vulnerabilities and patches/updates (48% of respondents) and mainly prioritize security updates for the latest product generation (42% of respondents), when there are still many legacy devices in use around the world.

“Without visibility and transparency, there is no trust,” said Tom Garrison, vice president and general manager of Client Security Strategy and Initiatives at Intel. “Intel understands that this visibility remains essential in activating timely security updates and our goal is to ensure our customers have the best possible experience with our technology. Helping our customers keep their device fleets secure is critically important and something we deliver on every day.”

Intel has set a course for bold innovation rooted in security leadership and is committed to growing, adapting and relentlessly advancing security in all products from concept to retirement. The trust Intel builds based on this investment is designed to provide customers the flexibility and assurance they need.

Read the Full Report: Security Innovation: Secure Systems Start with Foundational Hardware

Related Resources:

• IT Professionals Choose Security Solutions (Blog)
• 2021 Product Security Report
• Security is Critical Ingredient to Innovation
• A Business Built on Intel vPro is a Business Built on Security: Introducing 12th Gen vPro Security
• A Holistic Approach to Security, Built on Trust and Transparency
• Intel Launches Project Circuit Breaker
• Introducing Intel’s Long-Term Retention Lab
• Rising to the Challenge  —  Data Security with Intel Confidential Computing

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220412005511/en/

Jennifer Foss

1-425-765-3485

jennifer.foss@intel.com

Source: Intel Corporation

FAQ

What percentage of organizations prefer innovative technology providers according to the Intel study?

64% of organizations prefer purchasing from innovative technology providers.

How much is expected to be spent on cybersecurity in 2022?

$172 billion is projected to be spent on cybersecurity in 2022.

What is the current adoption rate of hardware-assisted security solutions?

Only 36% of organizations currently use hardware-assisted security solutions.

What percentage of organizations will adopt hardware-assisted security solutions in the next year?

47% of organizations plan to adopt hardware-assisted security solutions within the next year.

How many organizations have visibility into newly disclosed vulnerabilities?

Less than half (48%) of organizations have visibility into newly disclosed vulnerabilities.