Cybersecurity statistics about vendor selection
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Successful Canadian software adopters typically complete vendor selection in about three months, while disappointed buyers take four to five months.
49% of successful Canadian software buyers paid close attention to a vendor’s history of breaches or attacks before purchase.
99% of satisfied Canadian software buyers narrowed their choices to five vendors or fewer, compared to 90% of disappointed buyers.
41% of successful Canadian software buyers considered patching and update practices before purchase.
38% of successful Canadian software buyers evaluated a vendor's reputation for incident response before purchase.
32% of successful Canadian software buyers checked encryption standards of vendors before purchase.