Proxy service demand doubled as businesses recognize the importance of cybersecurity due to new SEC regulations

How did new SEC regulations influence proxy service demand? Which search terms are rising in popularity on search engines? Read the latest Infatica's report to learn more.

Proxy service demand doubled as businesses recognize the importance of cybersecurity due to new SEC regulations
Jovana Gojkovic
Jovana Gojkovic 2 min read

The demand for proxy services searches has jumped by 106,5% over the last year, reflecting increased interest in safety measures among businesses.

Companies are increasingly relying on proxy servers as a critical component of their protection infrastructure. Recent data from Infatica.io, a leading provider in the proxy service market, reveals a 106,5% rise in searches for this technology over the past year.

This underscores a notable shift in how businesses approach safeguarding their online operations. A growing reliance on internet anonymity tools can be attributed to the new cybersecurity disclosure rules by the Securities and Exchange Commission (SEC) that took effect in 2023. They require companies to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.

As stated by Infatica CTO Pavlo Zinkovskyi:

“While the SEC's cybersecurity rules primarily target publicly listed companies, many of these firms depend on smaller third-party software and supply chain providers. A cyberattack at any juncture within this chain could result in significant consequences. This is why non-public entities are compelled to bolster their defenses too."

The growing interest in proxy servers is not limited to seeking enhanced security measures alone. Searches for “free web proxy server” have risen by 5,042.9%, indicating a widespread pursuit for accessible solutions that offer anonymity and bypass geo-restrictions. Meanwhile, the demand for “proxy server list” and “anonymous proxy server” has also seen significant upticks of 80.6% and 414.3%, respectively, highlighting the importance of reliable and discreet online operations.

Proxy-related search terms increase

These numbers reflect a broader trend within the cybersecurity market, which is experiencing significant growth across various sectors. It is on an upward trajectory, with projections indicating substantial expansion in the coming years. For instance, the global cybersecurity market size is estimated to reach USD 203.78 billion in 2024 and is expected to grow to USD 350.23 billion by 2029, showcasing a compound annual growth rate (CAGR) of 11.44% during the forecast period. This growth is driven by the increasing number of cyberattacks and the rising adoption of cloud computing, which necessitates robust cybersecurity solutions.

Regionally, North America is expected to dominate the cybersecurity market with the biggest market share, attributed to the high number of security breaches and the advanced network security protocols implemented by the government. The data paints a vivid picture of the market's trajectory, as in the United States, searches for "proxy" have surged by 22.2% YoY, highlighting the growing awareness and need for such services amidst rising cyber threats.

The implications of this trend extend far beyond mere security enhancements. In the face of advanced social engineering, phishing attacks, and the rise of ransomware, as reported by CPO Magazine, businesses are increasingly turning to proxy servers as a linchpin in their cybersecurity arsenal. Infatica has observed this shift firsthand through our own clients' experiences.

As the digital landscape continues to evolve, the strategic importance of proxy servers is poised to grow, underscoring their role as an indispensable tool in the modern business toolkit. The rapid expansion of the proxy server market not only highlights its critical importance in the cybersecurity ecosystem but also signals a broader shift towards more secure, efficient, and competitive business operations in the digital age.


Jovana Gojkovic

Jovana is a freelance writer who likes to focus on the practical side of different technologies: Her stories answer both the "How does it work?" and "Why is it important for me?" questions.

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