Coro Secures $100 Million Funding Round to Drive Aggressive Growth to Transform Cybersecurity for SMEs Read more

Start a Trial 
Watch a Demo
Contact Sales
Become a Partner
Compliance Survey
Get Support

Start a Free Trial

Try Coro for Free for the Next 30 Days

"*" indicates required fields

Hidden
Name
Hidden
Hidden
Hidden
Hidden
This field is for validation purposes and should be left unchanged.
Coro Platform

Watch a Demo

Explore our collection of recorded product demonstrations to witness Coro in action.

"*" indicates required fields

Hidden
Name
Hidden
Hidden
Hidden
Hidden
This field is for validation purposes and should be left unchanged.
See how much time you could save with Coro guarding your business:
Instantly handle 95%+ of email threats
Monitor cloud app security from a single dashboard
Protect devices across the threat landscape
Prevent data loss with a deceivingly simple solution

Contact Sales

Receive comprehensive information about our product, pricing, and technical details straight from our specialists.

"*" indicates required fields

Hidden
Name
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
This field is for validation purposes and should be left unchanged.
Modules

Become a partner today

Turn your cybersecurity business into a revenue center

"*" indicates required fields

Hidden
Name
Hidden
Hidden
Hidden
Hidden
This field is for validation purposes and should be left unchanged.
Modules

Build Your Compliance Report

Does your business satisfy security regulations? Take the survey to learn how your industry, services, and location can impact your compliance posture.
Take the Compliance Survey

73% of Security Professionals Say They’ve Missed, Ignored or Failed to Act on a High Priority Security Alert

April 17, 2024

New survey from Coro reveals SME security professionals are overwhelmed by their security workload; the time spent managing, monitoring, and updating multiple tools in their security stack takes focus away from critical security events

New York —April 17, 2024— Coro, the leading cybersecurity platform for small and medium-sized enterprises (SMEs), today announced the results of its 2024 SME Security Workload Impact Report, revealing that cybersecurity professionals are overwhelmed by the complexity and demands of managing multiple tools in their security stack, leading them to miss critical severity events and weaken their company’s security posture.

The survey was conducted with 500 U.S. cybersecurity decision makers in companies of 200 to 2000 employees across a broad variety of industry sectors.  SME and midmarket companies are facing increasing volumes and complexity of cyberattacks, yet lack the resources and expertise for adequate defense. Cybersecurity is typically handled by a company’s IT staff, who become quickly overwhelmed by the complexity and responsibilities of managing their company’s cybersecurity program.

According to the survey, 73% of SME security professionals have missed, ignored or failed to act on critical security alerts, with respondents noting a lack of staff and a lack of time as the top two reasons.  Respondents gave feedback on the most time-consuming parts of their day, including monitoring security platforms, managing and updating endpoint devices and agents, vulnerability management or patching, and installing, configuring, and integrating new security tools.

Key findings include:

  • Respondents spend an average of 4 hours 43 minutes managing their cybersecurity tools every day, with an average 11.55 tools in their security stack
  • 52% of respondents said the most time consuming task was monitoring security platforms, followed by vulnerability patching
  • Respondents estimated it takes 4.22 months for a new cybersecurity tool to become operational; with equal time spent on installation, configuration, training staff and integration with their existing security stack
  • On average, respondents manage 2029.91 end point security agents installed across 655.92 endpoint devices
  • More than half (53%) of respondents must deal daily or weekly with vendors’ updates of these endpoint agents

The workload complexity facing security professionals, and the overwhelming demands it places on already limited resources, are driving SMEs and midmarket companies to consolidate their cybersecurity tools.  A staggering 85% of respondents say they are looking to consolidate their tools in the next 12 months. The most important benefit cited was improving their security posture.

“SMEs are stuck in a cybersecurity hell, constantly overwhelmed by the thousands of alerts generated by their enterprise security tools that do not fit,” said Guy Moskowitz, Coro CEO and Co-Founder. “The reality is that enterprise security tools – designed for large teams with endless resources – have failed SMEs. With limited staff, SMEs struggle with the complexity of managing their security, torn between budget constraints, limited resources, and the need for much better security coverage — this is mission impossible. The most effective way for SMEs to escape this cybersecurity hell is to adopt a single platform that covers the entire security span and is designed to reduce workloads through one dashboard and one endpoint agent.”

The SME Security Workload Survey was conducted on behalf of Coro by OnePoll in late 2023. The results can be found here.

About Coro

Coro, the leading cybersecurity platform for the SME market, revolutionized cybersecurity with the introduction of the world’s first modular cybersecurity platform in 2023. Coro’s platform empowers organizations to easily defend against malware, ransomware, phishing, data leakage, network threats, insider threats and email threats across devices, users, networks and cloud applications.  Coro’s platform automatically detects and remediates the many security threats that today’s distributed businesses face, without IT teams having to worry, investigate, or fix issues themselves. Ranked on the 2023 Deloitte Technology Fast 500, Coro is one of the fastest growing cybersecurity companies in North America today.

For more information, please visit Coro at coro.net, or via LinkedIn, Twitter, or Facebook.

### 

Contact:

Tila Pacheco

Eskenzi PR for Coro

[email protected]

Media Contacts

Suzanne Tuchler

Eskenzi PR 408-307-6900 [email protected]

Dror Liwer

Co-Founder, Coro Cybersecurity [email protected]
CRN 5 Stars
G2 Top 5

Coro Cybersecurity News

Expand knowledge in cybersecurity
Coro was built on a simple principle: Enterprise-grade security should be accessible to every business. We believe the more businesses we protect, the more we protect our entire economic outlook.
Copyright 2023 © Coro Cybersecurity All Rights Reserved
chevron-down