November 20166 EditorialAs global enterprises accelerate towards infusing digitization into every aspect of business, a major concern that has risen as a consequence of this move is security. With most business functions moving online, various consumer devices being added to the mix, and sensitive enterprise data residing in the cloud, enterprises today are more vulnerable to cyber attacks than ever before. Going by figures, cyber attacks costed Asia Pacific businesses nearly $81billion in the past 12 months. However, a security breach does not only cost an organization monetarily but it also causes irreparable damage to the company's reputation, which could sound a death knell for businesses in today's highly competitive business environment. It has thus become a business imperative for companies to adopt a rather pro-active approach to safeguard themselves against the various notorious faceless cyber criminals. Additionally stringent regulatory and compliance requirements have only made the case stronger for companies to take cyber security seriously. With security topping the roster of concerns for CIOs across the globe, the global cyber security market is estimated to grow from $122.45 billion in 2016 to $202.36 billion by 2021. The industry is estimated to experience growth at a CAGR of 10.6 percent. Even though North America will hold the largest chunk of the market, the fastest growth will be witnessed across APAC. The region has been experiencing increased technological adoption and huge opportunities across industry verticals in APAC countries, especially India and China, which will propel the industry forward. Riddled by lack of skills required to address these complex security challenges, a vast majority of companies will have to rely on security solution providers. Having identified the needs of the industry the current edition of APACCIO outlook presents to you a list of 25 most promising security solution providers. We have crafted a list of companies that are committed to helping clients tackle the global menace that is cyber security. Do let us know your thoughts.Rachi V SharmaManaging Editoreditor@apacciooutlook.comToday's Digital Businesses to Become Increasingly Threat Aware Editor-in-ChiefManaging EditorEditorial StaffSales Mailing AddressTo subscribe to APACCIOOutlookVisualizersAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comShravan KashyapSheethal M SStephen ThomasLarry KohenRachi V SharmaCopyright © 2016 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.November 24 2016, Volume 2 SE 50 Published by ValleyMedia Inc.Stephanie MazueraDean AmbroseRandy GomesAnand J.SAshwani KumarSaheli Roy ChoudhuryChristo Picardochristo@apacciooutlook.comSandra Lopezsandra@apacciooutlook.com852.8191.6185
< Page 5 | Page 7 >