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Global File Integrity Monitoring Markets to 2023 - CAGR to Grow at 14.3%: APAC to Provide Immense OpportunityDUBLIN, Aug 20, 2018 /PRNewswire/ -- The "Global File Integrity Monitoring Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. The File Integrity Monitoring market is expected to witness a CAGR of 14.3%, over the forecast period (2018-2023). The file intrusion detection monitoring has been gaining traction because of the reduction in the detection of intrusion in the network and its capability to successfully comply with numerous regulations. The solutions are also finding usage across various industry verticals and has immense scope particularly in regions where businesses are transforming to cloud environments. Time for the Detection of Threat On an average, the detection of threat takes more than 146 days and more than 63% of the breaches are because of credentials being compromised. This delayed detection costs organizations USD 3.8 million on an average and has the potential to cost more than USD 500 billion to the entire global community. Small businesses generally presume that these statistics do not apply to their firm as they believe their organization might not have enough for these attackers to steal but the reality is that the attackers do not discriminate on the basis of size of the firm, in fact small firms are more lucrative as they barely deploy threshold security measures and more than 44% of the attacks in every attack type target small businesses. In UK, small businesses invested GBP 2600 on an average to improve their firm's cyber security in 2017 and more than 50% of the small businesses experienced cyber security breaches. File Integrity management (FIM) solution highlights and alerts as soon there is a change in these critical files and by whom including the admin which can accelerate the response time in case of any intrusion. Asia Pacific to Provide Immense Opportunity The small and medium sized businesses are transforming t hybrid cloud environment from legacy on-premise environment. This has been triggered by numerous factors as the hybrid cloud environment provides scalability and the security concerns related to them are also being considered and being catered to, making them much secure and easy to adopt. The changing cyber security compliance regulations in the region is also one of the factors that could promote the adoption of file integrity monitoring (FIM) solutions. As the FIM solutions enable the enterprises to comply with the cyber security regulations and also provide the data generated in the auditable format, it can find immense opportunity in the region. Developments in Market
Key Topics Covered Media Contact: Research and Markets
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