Endpoint Security Solutions Driven by AI/ML Can Evaluate Volumes

The global endpoint safety market is projected to reach $11bn in 2022, driven by rising cyber security concerns. Endpoint security suites are increasingly being utilised by small-medium businesses due to cost efficiency and ease of implementation. Endpoint attacks are also on the rise with 68% of companies experiencing one that successfully hacked data or IT infrastructure. Endpoint attack methodologies primarily consist of malware and SIM switching, while ransomware remains the most common malware type. Additionally, preventive measures are evolving, with the integration of AI and machine learning, cloud-based security solutions, and privacy-focused features.