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Industry Landscape

Industries:

Total Assets Under Management (AUM)

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( CAGR)

Total Addressable Market

Market Growth Stage

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Pace of Market Growth

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Deaccelerating

Emerging Technologies

AI-Driven Cybersecurity

AI-driven cybersecurity enhances threat detection and response through machine learning algorithms, adapting to new threats in real-time and automating security tasks.

IoT Cybersecurity Convergence

The convergence of IoT and cybersecurity creates interconnected systems, offering advanced automation and data collection, but also presents new vulnerabilities that need sophisticated protective measures.

Blockchain for Security

Blockchain technology enhances data security and integrity through decentralized, tamper-proof ledgers, promoting trust and transparency in transactions and data management.

Impactful Policy Frameworks

Federal Zero Trust Strategy

The White House issued a memo in 2022 mandating federal agencies to implement a zero trust architecture, enhancing cybersecurity by verifying every user and device accessing federal systems.

Adopting zero trust architecture helps businesses demonstrate compliance and protect against data breaches, aligning with the directive's emphasis on enhanced cybersecurity practices.

California Consumer Privacy Act (CCPA)

The CCPA, enacted in 2018, grants California consumers broad privacy rights, including the right to know, the right to delete, and the right to opt-out of the sale of their personal information.

Businesses must implement robust data protection measures and transparency in data handling to comply with CCPA, impacting how Broadstone's solutions manage and protect customer data.

Health Insurance Portability and Accountability Act (HIPAA)

HIPAA, passed in 1996, establishes standards for protecting sensitive patient health information, requiring healthcare providers and businesses to implement security measures to safeguard data privacy and integrity.

Organizations need to implement strong cybersecurity controls to protect sensitive health information and comply with HIPAA regulations, influencing the design and functionality of Broadstone's security solutions.

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