Intensifying cyber threats such as data theft and ransomware, along with increasing regulations and cyber insurance requirements, are just a few of the factors that suggest the strong demand for cybersecurity products and services will continue, regardless of the economic environment. Security vendors that’ve unveiled major partner program updates or named new channel chiefs in the second quarter of 2023 include well-established vendors such as Fortinet, Akamai and Mimecast up-and-coming, venture-backed players such as Orca Security and Aqua Security and even new-to-the-scene startups such as Zilla Security.Įxecutives from these cybersecurity companies told CRN that it’s an ideal time to invest in the channel because the opportunities around security continue to surge, even in spite of the current economic upheaval.
In the cybersecurity industry, numerous vendors both large and small - and those somewhere in between - are doubling down on their investments in the channel.
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