Worldwide spending on information security is expected to reach $90 billion in 2017, an increase of 7.6 percent over 2016, and to top $113 billion by 2020, according to advisory firm Gartner. Spending on enhancing detection and response capabilities will likely be a key priority for security buyers through 2020.
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Some 96 percent of IT professionals expect an increase in attacks on the security of industrial IoT (IIoT), a recent survey shows.
The good news for Internet entertainment, news and search site Yahoo Inc. is that Verizon Communications Inc. is still interested in acquiring the company following its disclosure of massive data breaches. The bad news is that the value of the deal has dropped precipitously after the security incidents became public knowledge.
Some 12 percent of companies in Germany were breached in the past year, and most IT decision makers don’t know how their company was breached, according to a Bitdefender survey of 100 German respondents.
Companies that offer goods and services to EU citizens will have to intensify their focus on privacy issues when the European Union’s General Data Protection Regulation (GDPR) takes effect in April 2018, according to a report by consultancy firm PwC.
Among the hottest trends in data center technology today is the growth of hyperconvergence, an IT infrastructure framework in which virtualized computing, networking and storage components are tightly integrated within a data center.
The global public cloud services market is expected to grow by 18 percent in 2017 comparted to 2016, totaling $246.8 billion this year, from $209.2 billion last year, according to Gartner.
Cloud security spending increased for 49 percent of UK companies in the past year, while the IT security budget for other security activities remained the same, according to a Bitdefender survey of 153 IT decision makers in the United Kingdom in companies with more than 1,000 PCs.
Has your company embraced the cloud?
There are many reasons why an enterprise may want to implement a bug bounty program. Most notably is that no matter how good an organization’s software testing is, how proficiently developers code security, or how thorough an organization’s software security assessments– there will always be flaws. These flaws make it possible for attackers to exploit security vulnerabilities and bypass security defenses.
Predictions are never easy, and they are seldom right or very useful: but they are always fun. And as the holiday season is upon us and the New Year approaches so does the time of year reflection and, you guessed it: cybersecurity predictions.
A Bitdefender study on large UK companies revealed that 75 percent of IT decision makers fear having to pay financial compensation in case of a security breach, while 69 percent even fear their own job safety. Moreover, 53 percent of IT decision makers are concerned regarding the security management of hybrid infrastructures.