"It’s like you couldn't turn around and not run into someone saying AI [artificial intelligence]," Dell’Oro's Mauricio Sanchez said. “It's ironic that very little was about networking.”

Extended detection and response vendors have reached a tipping point to compete with security information and event management, Forrester noted.

False assumptions and applying old patterns to new technologies are among the key pitfalls CISOs must address, Gartner's Richard Bartley said.

The next phase of development is enabling generative artificial intelligence to take action, not just answer questions, Baris Gultekin and Kari Briski said.

Network security is undergoing a continuous transition and one of the key organizational drivers is consolidation - Gartner's John Watts

eSentire is migrating over a third of its customer base from Broadcom Carbon Black to CrowdStrike's Falcon platform within a year.

A Trend Micro report found many security leaders were seen by their boards as "repetitive," "nagging" and "overly negative."

Gartner's Peter Firstbrook predicts many existing security information and event management vendors will either be acquired by larger firms, shift toward niche markets or go out of business.

“Not surprisingly, AI [artificial intelligence] is a significant factor, impacting the 2024 trends," Forrester's Geoff Cairns said.

"I don't think it's a hype anymore because people are seeing it in action already in a lot of places," said PwC's Prakash Venkata

Palo Alto Networks announced an agreement to acquire IBM's QRadar software-as-a-service assets, including intellectual property rights.

The report findings also underscored the tension between the need for rapid development and the imperative of maintaining security.

Gartner named Splunk, Microsoft, IBM, Securonix and Exabeam as leaders in its 2024 Magic Quadrant for SIEM report.

CrowdStrike CTO Elia Zaitsev also listed the benefits and potential risks of applying generative artificial intelligence to your cybersecurity infrastructure.

Splunk operates as a separate business unit from Cisco's security group, according to Jeetu Patel.

Palo Alto Networks unveiled its proprietary artificial intelligence system that combines generative AI, machine learning and deep learning capabilities.

Andre Durand noted the customer concerns on the merger are primarily about the potential for forced change and a slowdown in innovation.

The report also showed the median loss associated with ransomware and extortion almost doubled.

“The vendors are expanding their capabilities as well as the buyers are interested in consolidating,” Gartner's Craig Porter said.

2023 ISC2 Cybersecurity Workforce Survey showed 11% of participants said they had no women on their security teams and half of them worked in the U.S.

Other top cybersecurity threats include narrative attacks, artificial intelligence responses and nation-state espionage.

The firm identified Fortinet as challenger, Skyhigh Security and Lookout as visionaries, and Versa Networks, Cloudflare, Broadcom and iboss as niche players.

ISC2's study found “a significant disparity between genders,” which underlines the continued existence of the gender pay gap in the cybersecurity industry.

"If we find that [companies] are just putting AI to raise money, we do not invest," said Thomvest Ventures's Umesh Padval.