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Worldwide IT spending to total $3.9 trillion in 2020

Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to the latest forecast by Gartner. Global IT spending is expected …

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Global security services industry to experience spend growth of more than $80 billion

The global security services industry is poised to experience spend growth of more than $80 billion between 2019-2024 at a CAGR of over 8% during the forecast period, …

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Budgetary, policy, workforce issues influencing DOD and intelligence community IT priorities

Information Technology spending by Department of Defense (DOD) and Intelligence Community (IC) agencies will continue to grow as they work to keep pace with the evolution of …

money
Security services and network security still top spending priorities for CISOs in MENA

Middle East and North Africa (MENA) enterprise information security and risk management spending will total $1.7 billion in 2020, an increase of 10.7% from 2019, according to …

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Spending on security hardware, software, and services continues to increase

Worldwide spending on security products and services will enjoy solid growth over the next five years as organizations continue to invest in solutions to meet a wide range of …

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Companies are shifting spending to support their critical IT initiatives

Increasing spend efficiency and cutting waste are challenging with respect to gaining visibility into costs and managing IT spend effectively, according to Flexera survey. …

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Organizations are employing cyber-resilient strategies in new ways

Wipro released its 2019 State of Cybersecurity Report, which highlights the rising importance of cybersecurity defense to global leaders, the emergence of the CISO as a …

Money
Majority of CISOs plan to ask for an increase in cybersecurity investment

Most CISOs of financial institutions (73 percent) plan to ask their organization’s CFO for an increase in cybersecurity investments in the next year, according to the …

analyst
Most security pros have considered quitting due to a lack of resources

Companies are suffering from a lack of resources, both in terms of people and technology (79 percent), and 72 percent have considered leaving their jobs for this reason, …

industry
The six biggest cybersecurity risks facing the utilities industry

The utilities industry is rapidly modernizing its infrastructure, adding more digitized equipment and connectivity across devices, plants, and systems. This evolution to …

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Organizations investing in security analytics and machine learning to tackle cyberthreats

IT security’s greatest inhibitor to success is contending with too much security data. To address this challenge, 47 percent of IT security professionals acknowledged their …

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Worldwide spending on security solutions expected to continue growing

Worldwide spending on security-related hardware, software, and services is forecast to reach $103.1 billion in 2019, an increase of 9.4% over 2017. This pace of growth is …

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