Cloud-based threat-management capabilities are evolving rapidly—and are changing the model of on-premise cybersecurity and privacy solutions. “We’re seeing rapid uptake of the cloud model because of its cost advantages, the compute and scalability that it provides—and the ability to rapidly and flexibly adjust computing capabilities,” said Christopher O’Hara, PwC US Co-Leader, Cybersecurity and Privacy. “We believe cloud-based cybersecurity will evolve to the point where you can realistically take any type of threat data and process it, normalize it and understand its impact to your business in real time . Today’s on-premise solutions simply can’t do that .” That’s because traditional on-premise systems are often constrained by inadequate storage capacity, processing power and scalability. These limitations can impede cybersecurity teams’ ability to view and analyze data across their enterprise, restrict search efforts and increase the volume of false positives. 6 Key findings from The Global State of Information Security® Survey 2017 © 2016 PwC