Amid a maelstrom of cybersecurity threats and rampant hacking attempts that leverage the power of the IoT against itself, organizations are forced to realize that they are on the losing side of this war.

As such, market vendors have no choice but to enhance their cybersecurity arsenal with more sophisticated tools which allow a deeper understanding of their users, devices, and systems.

This will drive the security analytics market toward an impressive revenue of $12 billion by 2024, according to ABI Research.