In this report, we assess Cisco’s cybersecurity landscape, focusing on its strategic investments in innovation highlighted at the RSA Conference (RSAC) in May 2024 in San Francisco and Cisco Live in Las Vegas in June 2024. Cisco strongly emphasized AI-native security, with significant announcements regarding Cisco Security Cloud, Cisco XDR, and Cisco Panoptica. It introduced enhancements to Cisco Hypershield, its AI-native security platform, to identify unknown vulnerabilities in real time. Integrating Splunk SIEM with Cisco XDR leverages Cisco’s recent acquisition of Splunk to offer enhanced real-time threat detection and response. Additionally, Cisco introduced a unified AI assistant for Cisco XDR to revolutionize the security analyst experience with AI and made significant advances in identity threat detection and response by launching Identity Intelligence in Cisco Duo.

IIn this report, we offer insights into Cisco’s new product releases, evaluating their potential to address challenges and objectives and supporting informed early-stage product decisions. The report also recommends how Cisco can develop more streamlined and seamless solutions and address existing security gaps in its products to make its clients resilient in the rapidly evolving cyber threat landscape.

Scope

• All industries and geographies
• This assessment is based on Everest Group’s tracking of information that Cisco released during RSA Conference 2024 and Cisco Live 2024

Contents

In this report, we:

• Identify key security themes driving and inhibiting cybersecurity demand and assess how Cisco’s offerings address them
• Analyze Cisco’s strengths, weaknesses, and improvement areas in the cybersecurity landscape
• Review Cisco Security’s product and feature announcements at RSAC 2024 and Cisco Live 2024

Membership(s)

Cybersecurity

Sourcing and Vendor Management