Friday, August 26, 2016

Global Spending on Information Security Set to Rise to $81.6B

Researchers at Gartner expect worldwide spending on information security products and services to grow another 7.9 percent to $81.6 billion this year, with organizations looking not only to prevent cyber intrusions but also find ways to prevent data loss and recover quickly.

“Organizations are increasingly focusing on detection and response, because taking a preventive approach has not been successful in blocking malicious attacks,” said Elizabeth Kim, senior research analyst at Gartner. “We strongly advise businesses to balance their spending to include both.”


Erin Ayers, “Global spending on information security set to rise to $81.6B (August 16, 2016), available with subscription at Advisen Cyber Front Page News.

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