Latest news with #NISTCybersecurityFramework
Business Wire
09-07-2025
- Business
- Business Wire
Vanta Unveils Trust Maturity Report Benchmarking Security Programs Across 11,000+ Organizations
SAN FRANCISCO--(BUSINESS WIRE)-- Vanta, the first and only AI-powered trust management platform, today released its Trust Maturity Report, offering a data-driven look at how organizations are evolving their security programs in an increasingly complex risk landscape. Drawing on aggregated, anonymized insights from over 11,000 organizations and aligned to the NIST Cybersecurity Framework (CSF), the report maps companies across four security maturity tiers: Partial – Organizations in the earliest stage of maturity, typically relying on limited or ad hoc security processes Risk-Informed – Teams that have begun to formalize risk management practices, though application is often inconsistent Repeatable – Companies with standardized, organization-wide security practices that are actively maintained Adaptive – Highly mature organizations that continuously optimize and scale their security programs through automation, analytics, and cross-functional alignment As organizations progress through these tiers, the report shows a clear pattern: higher maturity correlates with better risk practices, stronger resilience and more effective use of AI. Key findings from the report reveal: Risk assessments are a turning point: Only 43% of Partial companies have completed a risk assessment, compared to 100% for Adaptive Budget remains a barrier at all stages: 67% of Repeatable and 35% of Adaptive companies cite budget and resources as ongoing challenges Incident preparedness signals maturity: 92% of Repeatable companies monitor threats continuously with alerts compared to 56% of Partial companies with a basic incident response plan that's not tested, and 12% with no plan at all AI drives scale and efficiency at the top: 71% of Adaptive companies are adopting AI to enhance speed, scale, and efficiency. 'Security maturity doesn't happen by accident—it's driven by deliberate, strategic investment in risk management, culture and ongoing incremental improvements to people, process, and technology,' said Jadee Hanson, CISO, Vanta. 'Our data shows that organizations that embed trust principles in everything they do mature faster, operate more resiliently, and are better prepared for today's evolving risk landscape.' Security maturity starts with strategic risk management One of the clearest markers of maturity that divided the Partial from the other, more advanced tiers is risk assessments. Vanta's research found that only 43% of Partial organizations conduct risk assessments, while 100% of Risk-Informed businesses have conducted at least one formal risk assessment. This shows how external factors like compliance requirements and customer needs are often the biggest drivers of early-stage security programs. Incident readiness was also a clear indicator for maturity. Vanta found that 92% of those at the advanced tiers (Repeatable & Adaptive) monitor threats continuously with alerts. Specifically, for Repeatable organizations: 100% have business continuity plans 85% run regular incident response drills 78% test their plans regularly AI is a key enabler for mature security teams Adaptive companies are significantly more likely to adopt and integrate AI into their security operations. With a better understanding of their data flows, governance needs and risk exposure, these organizations use AI to reduce rework, streamline decision-making and align with frameworks like ISO 42001. Trust-first teams drive maturity Trust isn't just a byproduct of mature security programs; it's what drives them forward. As organizations progress, they embed trust into company culture, secure leadership alignment and integrate risk into top-level decision-making. For Partial organizations, security investments are largely driven by customer expectations and compliance needs. For Adaptive, the top drivers are responding to customer/vendor demands (95%), reducing security risks (93%), meeting compliance requirements (90%), scaling security operations (75%), differentiating through security maturity (70%) and managing multiple frameworks (35%). Budget remains a universal challenge—but obstacles broaden with maturity While resource constraints persist across all tiers, mature organizations increasingly face challenges like implementing automation at scale, cross-team alignment and keeping pace with evolving threats, emphasizing the need for strategic leadership, collaboration and adaptable infrastructure. The top challenges facing each group when moving up the maturity curve are: Partial: Budget and resources (48%) Risk-informed: Budget and resources (66%) Repeatable: Budget and resources (67%), implementing automation or managing frameworks (27%) Adaptive: Budget and resources (35%), implementing automation at scale (20%), executive buy-in or internal alignment (15%) and keeping up with threats (15%) This shows that budget and resourcing are a top concern, regardless of maturity stage, but that these challenges become much more people- and risk-centric as maturity progresses. Ultimately this underscores that achieving security maturity is not a one-time milestone, but an ongoing process—one that requires strategic investment, cross-functional collaboration, and a foundation of trust. Methodology The Vanta Trust Maturity Report was sourced from aggregated, anonymized first-party data, mapped to the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF). Each company was categorized across four maturity tiers using criteria such as policy coverage, AI adoption, incident response planning, and risk assessments—providing an objective benchmark for organizations to assess and advance their security programs. Download the Vanta Trust Maturity Report to explore the full findings. About Vanta Vanta is the leading trust management platform that helps simplify and centralize security for organizations of all sizes. Over 11,000 companies including Atlassian, Duolingo, Icelandair, Ramp and Synthesia rely on Vanta to build, maintain and demonstrate their trust—all in a way that's real-time and transparent. Founded in 2018, Vanta has customers in 58 countries with offices in Dublin, London, New York, San Francisco and Sydney. For more information, visit
Business Journals
01-06-2025
- Business
- Business Journals
How to choose the right cybersecurity framework: A guide for mid-market companies
As cyber threats become more sophisticated and regulatory requirements more stringent, companies, especially mid-market, must take a proactive approach to security. Choosing the right cybersecurity framework is a critical step in protecting sensitive data, maintaining compliance and building trust with customers, investors and regulators. However, with so many frameworks available, each with different requirements and industry applications, determining the best fit can be challenging. Understanding cybersecurity frameworks vs security standards Cybersecurity frameworks: Structured sets of best practices and methodologies for managing cybersecurity risks. Helps organizations build a structured approach to security, ensuring that policies, processes and technologies align with industry-recognized standards. Security standards: Defines specific requirements that organizations must meet to achieve compliance. Typically associated with audits, ensuring that an organization meets legal and contractual obligations. Common security standards include HIPAA, PCI DSS and GDPR. While standards ensure compliance with regulatory requirements, frameworks offer strategic guidance for building a resilient security posture. Choosing the right framework ensures a comprehensive approach to cybersecurity that not only satisfies legal requirements but also strengthens overall protection against evolving threats. Key cybersecurity frameworks in 2025 Selecting the best framework depends on your industry, regulatory landscape and business operations. NIST Cybersecurity Framework (CSF) 2.0 Developed by the National Institute of Standards and Technology (NIST), the NIST CSF 2.0 is a voluntary, risk-based cybersecurity framework focuses on six core functions: govern, identify, protect, detect, respond and recover. It provides a variety of high-level cybersecurity outcomes that organizations can use to understand, assess, prioritize and communicate their cybersecurity efforts more effectively. Best for: Organizations of any size or sector, particularly those looking for a flexible and risk-based approach to managing cybersecurity and aligning with industry standards. ISO/IEC 27001 The ISO/IEC 27001 is an internationally recognized standard for information security management. It provides a structured framework for implementing an Information Security Management System (ISMS), ensuring the confidentiality, integrity and availability of corporate data, including financial information, intellectual property, employee details and third-party managed data. Best for: Organizations of any size or sector, especially those needing a comprehensive ISMS to ensure data protection and demonstrate compliance to international standards. CIS Controls Developed by the Center for Internet Security (CIS), CIS Controls are a structured and simplified set of best practices designed to help organizations strengthen their security posture. Best for: Small to mid-market organizations seeking a simplified, actionable set of cybersecurity best practices to quickly strengthen their security posture with minimal resource investment. CMMC The Cybersecurity Maturity Model Certification (CMMC) is a unified standard developed by the U.S. Department of Defense (DoD) to ensure contractors and subcontractors meet specific cybersecurity practices when handling Controlled Unclassified Information (CUI). CMMC integrates various cybersecurity standards and best practices and assigns them across maturity levels, ranging from foundational to advanced. Best for: Defense contractors and subcontractors in the DoD supply chain who must demonstrate compliance with strict cybersecurity requirements to be eligible for government contracts. FedRAMP The Federal Risk and Authorization Management Program (FedRAMP) provides a standardized approach to security assessment, authorization and continuous monitoring for cloud services used by federal agencies. It ensures that cloud providers meet strict federal security requirements before working with government entities. Best for: Cloud service providers aiming to do business with U.S. federal agencies and needing to prove compliance with federal cybersecurity standards. StateRAMP Modeled after FedRAMP, StateRAMP offers a standardized approach to cybersecurity for state and local governments. It helps ensure that cloud service providers meet consistent security requirements when providing services to government agencies, promoting transparency, verification and trust. Best for: Cloud vendors looking to work with state and local governments that require proven compliance with standardized cybersecurity benchmarks. How to choose the right framework for your business Assess your current security posture Before selecting a new framework, conduct a comprehensive gap assessment to evaluate your institution's existing cybersecurity controls. Identify strengths, pinpoint vulnerabilities and determine where enhancements are needed to align with your chosen framework. Understand your industry requirements Certain frameworks are better suited for meeting industry-specific regulations. Understanding your industry's unique regulatory landscape will help you determine which security frameworks align with these requirements and which ones are most effective for addressing sector-specific risks. Consider business goals and objectives When selecting a security framework, it's important to align your choice with your company's broader business objectives. For example, with the FFIEC Cybersecurity Assessment Tool being phased out, financial institutions may consider adopting ISO 27001 to enhance their cybersecurity posture and build credibility with investors and regulators. Additionally, if your organization is focused on streamlining compliance processes or reducing the burden of managing multiple audits, a consolidated compliance framework, combining assessments like NIST, ISO, PCI DSS, HITRUST and/or SOC 2, can help alleviate audit fatigue and ensure consistent, efficient compliance across various regulatory requirements. Real-world example: For companies navigating a complex landscape of regulatory requirements, working with multiple providers testing the same controls can strain internal resources. Learn how FD's Consolidated Compliance Assessment Program helped a leading global payments technology company streamline compliance, exceed regulatory requirements and reduce audit redundancies. Read more here. Engage key stakeholders Cybersecurity is not just an IT concern; it requires collaboration across executive leadership, technology teams, risk and compliance professionals and internal audit. Engaging these stakeholders early ensures alignment on strategic priorities and regulatory expectations. Monitor, validate and adapt Cyber threats and regulatory expectations continue to evolve, making ongoing monitoring essential. Regularly measure progress against targeted cybersecurity maturity levels, reassess risk factors and adjust your strategy as needed. Internal audit should be involved in periodic reviews to validate compliance and readiness for regulatory examinations. Next steps: Strengthening your security posture Choosing the right security framework is more than just a compliance requirement; it's a strategic investment in your company's resilience, reputation and long-term success. As cyber threats grow more sophisticated and regulatory landscapes shift, companies must take a proactive approach to security. By assessing your current security posture, aligning with industry requirements and considering business goals, you can implement a framework that not only meets compliance standards but also strengthens your overall cybersecurity strategy. Navigating these complexities can be challenging, but you don't have to do it alone. Frazier & Deeter's experts are here to help you evaluate your options, implement the right framework and build a security posture that protects your business now and in the future. Contact us to get started. Frazier & Deeter (FD) is comprised of Frazier & Deeter, LLC, a US licensed CPA firm that provides attest services to its clients, and Frazier & Deeter Advisory, LLC, an alternative practice structure that provides tax and advisory services to clients worldwide. Learn more at
Business Wire
13-05-2025
- Business
- Business Wire
Exabeam and AVANT Announce Strategic Distribution Partnership to Accelerate Access to AI-Driven Security Operations
BROOMFIELD, Colo. & FOSTER CITY, Calif.--(BUSINESS WIRE)-- Exabeam, a global leader in intelligence and automation that powers security operations, today announced a strategic partnership with AVANT, the nation's premier Technology Services Distributor (TSD) and the leader in IT decision-making. This new relationship brings the full suite of Exabeam security operations products to AVANT's extensive network of over 3,000 Trusted Advisors (TA), marking a significant new route to market for Exabeam. As one of the first SIEM and UEBA providers in AVANT's portfolio — and a recognized leader in cybersecurity — Exabeam is uniquely positioned to support AVANT's fastest-growing practice: cybersecurity. Through this strategic partnership, AVANT TAs now have access to the robust portfolio of cloud-native and self-hosted threat detection, investigation, and response (TDIR) solutions from Exabeam, including SIEM, UEBA, SOAR, and compliance capabilities. This partnership marks a significant milestone in the Exabeam mission to expand its channel ecosystem and build new, disruptive routes to market. By joining forces with AVANT — the global leader in the trusted advisor space — Exabeam is enabling partners to deliver scalable, outcome-driven, AI-powered solutions to organizations navigating today's increasingly complex threat landscape. 'Security teams are overwhelmed — too many alerts, too few skilled professionals, and the rising pace of attacks,' said Craig Patterson, Global Channel Chief at Exabeam. 'AVANT and Exabeam are a powerhouse combination,' added Patterson. 'We're bringing together the most advanced threat detection platform in the market with the most influential network of trusted advisors. This is the kind of channel innovation the industry needs — bold, strategic, and built for growth.' With cyberattacks increasing in frequency and sophistication, enterprises are seeking trusted guidance to modernize their security posture. AVANT's Pathfinder platform and portfolio of best-in-class vendors equips technology advisors to lead their clients through complex IT decisions with confidence. Adding Exabeam to that mix allows AVANT's network to meet the full scope of the NIST Cybersecurity Framework — from identifying threats and protecting assets to detecting, responding to, and recovering from attacks. 'Exabeam AI-driven platforms are a game-changer for modern security operations,' said Drew Lydecker, Co-Founder & President at AVANT. 'Our trusted advisors are always looking for powerful, flexible solutions to help their clients stay ahead of threats. Adding Exabeam to our portfolio gives them the ability to do just that — with faster time-to-value, stronger threat detection, and the ability to align security with business priorities.' The partnership reflects a shared vision: to help organizations stay ahead of ever-evolving threats with cutting-edge technology and expert guidance. With Exabeam behavioral analytics, automation, and advanced TDIR capabilities, AVANT TA's now have the tools to show customers a smarter, faster path to cyber resilience. About Exabeam Exabeam is a leader in intelligence and automation that powers security operations for the world's smartest companies. As a global cybersecurity innovator, Exabeam provides industry-proven, security-focused, and flexible solutions for faster, more accurate threat detection, investigation, and response (TDIR). Cutting-edge technology enhances security operations center performance, optimizing workflows and accelerating time to resolution. With consistent leadership in AI innovation and a proven track record in security information and event management (SIEM) and user behavior analytics, Exabeam empowers global security teams to combat cyberthreats, mitigate risk, and streamline operations. Learn more at About AVANT AVANT is a platform for IT decision-making and the nation's premier distributor for next-generation technologies. AVANT provides unique value to its extensive network of Trusted Advisors with original research, channel sales assistance, training, and tools to guide decision-making around IT services that promote business growth. From complex cloud designs to global wide-area network deployments to the latest in security services, AVANT sets the industry standard in enabling its partners and clients to make intelligent, data-driven decisions about services, technology and cost-effective communications. For more information, visit or connect on Twitter and LinkedIn.
Yahoo
06-02-2025
- Business
- Yahoo
Professional Services Market to grow by USD 2.07 Trillion (2024-2028), growing focus on digitalizing business processes boosts the market, Report on AI-driven market evolution
NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global professional services market size is estimated to grow by USD 2.07 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.7% during the forecast period. Growing focus on digitalizing business processes is driving market growth, with a trend towards growing trend of using AI and ML in professional services industry. However, shortage of skilled professionals poses a challenge. Key market players include Accenture Plc, AECOM, Aon plc, Bain and Co. Inc., Boston Consulting Group Inc., Business Connexion Ltd., Charles Ghadban Accounting, Cleary Gottlieb Steen and Hamilton LLP, Deloitte Touche Tohmatsu Ltd., Dentsu Group Inc., Enviro Analysts and Engineers Pvt Ltd., Ernst and Young Global Ltd., FinExpertiza, Forvis Mazars, Oliver, Wyman & Company, Omnicom Group Inc., PricewaterhouseCoopers LLP, Publicis Groupe SA, Slalom Consulting LLC, and Tata Consultancy Services Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Professional Services Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 5.7% Market growth 2024-2028 USD 2077.8 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.3 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 36% Key countries US, China, Japan, India, and UK Key companies profiled Accenture Plc, AECOM, Aon plc, Bain and Co. Inc., Boston Consulting Group Inc., Business Connexion Ltd., Charles Ghadban Accounting, Cleary Gottlieb Steen and Hamilton LLP, Deloitte Touche Tohmatsu Ltd., Dentsu Group Inc., Enviro Analysts and Engineers Pvt Ltd., Ernst and Young Global Ltd., FinExpertiza, Forvis Mazars, Oliver, Wyman & Company, Omnicom Group Inc., PricewaterhouseCoopers LLP, Publicis Groupe SA, Slalom Consulting LLC, and Tata Consultancy Services Ltd. Market Driver The professional services market is experiencing significant trends, with a focus on digitizing business processes through cloud technology and AI. Large enterprises are increasingly adopting cloud-based accounting software and SaaS solutions for real-time financial transactions and automation. Cyber threats, including cyberattacks and cybercrime, are a growing concern, necessitating security measures and incident response plans. Experience management platforms like Qualtrics enhance customer experience through AI-driven customer feedback analysis. Professional services include advisory support, consulting, design, research, legal, and technical services. Digital transformation is driving the use of automation, real-time data, and remote working. Cybersecurity is crucial, with a focus on data security, NIST Cybersecurity Framework, and incident response plans. Professional service firms are leveraging AI, ML, IoT, and digital media for enhanced customer experience and business strategies. Talent acquisition and resource management are essential for delivering project-oriented services. ITO and cloud computing offer flexible solutions, with on-premise solutions still in use for specific industries. Remote working and business strategies require effective communication and project management tools. Automated billing, invoice management, and expense management streamline operations. Digital Adoption Programs and CDAP facilitate technology adoption and ensure data security. The professional services industry is undergoing a notable change due to the integration of artificial intelligence (AI) and machine learning (ML) technologies. EY Global Ltd., a leading professional services firm, is utilizing AI to boost efficiency, accuracy, and productivity in sectors such as auditing, tax consulting, and financial analysis. EY's AI applications in professional services aim to enhance business services for clients and internal teams. Similarly, PricewaterhouseCoopers LLP, another prominent professional services firm, is leveraging AI to augment its services, providing improved quality and value to clients. These firms' adoption of AI and ML is revolutionizing the industry, creating new opportunities and efficiencies. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The professional services market is evolving rapidly with digitizing business processes becoming a top priority. AI and cloud technology are key drivers, enabling real-time data processing and automation of financial transactions. However, these advancements bring challenges such as cyberattacks and cybercrime. Service providers must implement security measures and incident response plans to mitigate risks. Professional services include advisory support, consulting, design, research, legal, accounting, scientific, technical, and promotional services. Large enterprises rely on a mix of online, offline, and hybrid services from service providers. Digital transformation is essential, with cloud-based accounting software and SaaS solutions increasingly popular. AI and machine learning (ML) are transforming industries like legal services, management consulting, and financial auditing through enhanced customer experience and improved business strategies. However, challenges persist, including cyber threats, data security, and identity theft. Professional service firms must adopt the NIST Cybersecurity Framework and focus on project-oriented services, IT outsourcing (ITO), and digital adoption programs. Remote working and communication are crucial in today's business landscape. Talent acquisition and resource management are also essential components of successful professional services firms. Technology trends like cloud computing, IoT, and CDAP are shaping the future of professional services. Firms must stay informed and adapt to remain competitive. The professional services industry faces a pressing issue: a shortage of skilled professionals, particularly in technology areas like artificial intelligence, machine learning, and data analytics. This talent gap negatively impacts firms' ability to meet client demands, maintain service quality, and drive growth. The root cause is the industry's rapid technological advancement, which has outpaced the supply of qualified professionals. For instance, in the manufacturing sector, the demand for tech-savvy experts is high but the availability remains limited. Bridging this gap requires strategic workforce planning and investment in training and education. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This professional services market report extensively covers market segmentation by Industry Application Delivery Mode Geography 1.1 Financial services- The financial services segment of the professional services market is experiencing significant growth due to regulatory changes, technological advancements, and shifting customer expectations. Financial institutions require professional services to navigate complexities in regulatory compliance, risk management, and cybersecurity. Fintech and digital banking's rise has boosted demand for specialized consulting services, helping traditional banks and financial institutions adapt to digital transformation. AI, blockchain, and big data analytics integration into financial operations create opportunities for professional services firms. Mergers and acquisitions in the sector necessitate due diligence, integration, and strategic planning expertise. Customer-centricity and personalized financial services require professional guidance for redesigning customer engagement strategies and improving service delivery. The market comprises multinational firms, boutique consultancies, and tech-driven startups, all competing to offer innovative solutions. The financial services sector's evolution necessitates professional services, with comprehensive, tailored, and forward-thinking solutions in high demand. The market's positive outlook remains, with sustained growth expected as financial systems worldwide adapt to regulatory changes, technological advancements, and customer needs. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The professional services market is experiencing a significant shift as businesses digitize their operations using advanced technologies like Artificial Intelligence (AI), Cloud technology, and Blockchain. AI is revolutionizing industries by automating routine tasks and enhancing customer experiences. Cloud technology is enabling remote working and scalability for both small and large enterprises. However, this digital transformation also brings new challenges, such as cyberattacks and cybercrime. Service providers offer advisory support, specialized technical services, design services, research services, promotional services, consulting services, legal services, accounting services, scientific services, and technical services to help businesses navigate these complexities. Cloud-based accounting software and Software as a Service (SaaS) solutions are becoming increasingly popular. Security measures and incident response plans are essential to mitigate cyber threats. Business strategies and IT services are crucial for successful implementation of these technologies. Professional service firms are essential partners in this digital journey, providing expertise and guidance to help businesses adapt and thrive. Market Research Overview The Professional Services Market is experiencing significant transformation as businesses digitize their operations using advanced technologies like Artificial Intelligence (AI), Cloud Technology, and Blockchain. These technologies are revolutionizing business processes, enabling real-time data analysis, automation of financial transactions, and enhanced customer experience. However, this digital shift also brings new challenges, including cyberattacks and cybercrime. Service providers must implement security measures, incident response plans, and cloud-based accounting software to mitigate risks. SaaS solutions, automation, and remote working are becoming increasingly popular, while professional services firms offer advisory support, specialized technical services, design services, research services, and promotional services. The industry includes large enterprises, online and offline services, hybrid services, and professional services software for invoice management, expense management, resource allocation, project management, and automated billing. Digital transformation is a key business strategy, with a focus on cyber threats, data security, and the NIST Cybersecurity Framework. The use of AI, ML, IoT, and digital media is also driving innovation in areas like experience management (XM) and environmental consulting. Management consulting, tax preparation services, financial auditing, translation services, and IT services are also essential components of the Professional Services Industry. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation Industry Application Delivery Mode Geography 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio Sign in to access your portfolio
