The cybersecurity market is expanding rapidly — to the tune of $1 trillion in global spending expected over the next five years. That means a lot of new market entrants. While venture capital is pouring into cyber startups, major tech brands are also marching onto the field.
Amazon Web Services (AWS) is the newest big name in cybersecurity with the debut of its GuardDuty service. While AWS already provides a secure platform and related services to its customers, the new productized offering steps on a lot of toes in a market rife with point players offering similar solutions.
The real attention grabber in the AWS press release announcing Amazon GuardDuty is the rapid user adoption from large enterprise customers, including GE, Netflix, FINRA and Autodesk.