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Channel Partners Predict Cybersecurity Spending to Increase Due to News Cycle Covering Major Cyber Attacks
SAN JOSE, Calif.– January 26, 2021 – Untangle® Inc., a leader in comprehensive network security for small-to-medium businesses (SMBs) and distributed enterprises, today announced the results for its annual Voice of the Channel and 2021 Predictions Report. The report surveyed Untangle’s global network of Channel Partners to better understand current trends and barriers faced when protecting clients against emerging cybersecurity threats and other customer barriers within the market.
In a year that saw a majority of organizations transitioning to a remote workforce, cyber attacks were also on the rise. However, while phishing (68%), malware/virus (53%), and ransomware (47%) were among the top 3 types of cyber attacks Channel Partners’ customers were victims of in 2020, compared year-over-year, this is a downward trend seen from last year’s survey; phishing (84%), malware (84%), and ransomware (63%). The survey found that both Channel Partners and their customers are more aware than ever of these types of cyber attacks and, by association, were offered more advanced service portfolios from service providers to combat these threats.
Notably, the survey finds that while Channel Partners previously called out limited budgets as a key issue for supporting their clients, they now predict spending on cybersecurity will significantly increase in 2021. This is likely due to the large growth in customer inquiries following the news of major cyber attacks and data breaches that happened in 2020.
“Knowing what types of problems our 1,100+ partners are trying to solve, and what technologies they are looking at for 2021 has a direct impact on Untangle’s roadmap plans,” said Scott Devens, CEO at Untangle. “For 2021, we see an increase in the need for easy to use VPN technologies – such as Wireguard – and a growth of cybersecurity spending due to recent major cyber attacks. Untangle is prepared to offer Channel Partners best-in-class network security and connectivity solutions for their customers to better protect themselves from the rise in cyber threats, all at an affordable price point.”
Further findings from the “Voice of the Channel” report are available here.
Untangle is an innovator in cybersecurity designed specifically for the below-enterprise market, safeguarding businesses, home offices, nonprofits, schools and governmental organizations. Untangle’s integrated suite of software and appliances provides enterprise-grade capabilities and consumer-oriented simplicity to organizations with limited IT resources. Untangle’s award-winning network security solutions are trusted by over 40,000 customers around the world. Untangle is headquartered in San Jose, California.
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