Gartner: global security spending will reach $96 billion in 2018
TweetFollow Us on Twitter

Gartner: global security spending will reach $96 billion in 2018

Gartner, Inc. (www.gartner.com) forecasts worldwide enterprise security spending to total $96.3 billion in 2018, an increase of 8% from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy, notes the research group. 

"Overall, a large portion of security spending is driven by an organization's reaction toward security breaches as more high profile cyberattacks and data breaches affect organizations worldwide," said Ruggero Contu, research director at Gartner. "Cyberattacks such as WannaCry and NotPetya, and most recently the Equifax breach, have a direct effect on security spend, because these types of attacks last up to three years." 

This is validated by Gartner's 2016 security buying behavior survey. Of the 53 percent of organizations that cited security risks as the No. 1 driver for overall security spending, the highest percentage of respondents said that a security breach is the main security risk influencing their security spending. 

As a result, security testing, IT outsourcing and security information and event management (SIEM) will be among the fastest-growing security subsegments driving growth in the infrastructure protection and security services segments. Gartner analysts said that several other factors are also fueling higher security spending.

Regulatory compliance and data privacy have been stimulating spending on security during the past three years, in the U.S. (with regulations such as the Health Insurance Portability and Accountability Act, National Institute of Standards and Technology, and Overseas Citizenship of India) but most recently in Europe around the General Data Protection Regulation coming into force on May 28, 2018, as well as in China with the Cybersecurity Law that came into effect in June 2016. These regulations translate into increased spending, particularly in data security tools, privileged access management and SIEM. 

Gartner forecasts that by 2020, more than 60% of organizations will invest in multiple data security tools such as data loss prevention, encryption and data-centric audit and protections tools, up from approximately 35% today. Skills shortages, technical complexity and the threat landscape will continue to drive the move to automation and outsourcing.

"Skill sets are scarce and therefore remain at a premium, leading organizations to seek external help from security consultants, managed security service providers and outsourcers," said Contu. "In 2018, spending on security outsourcing services will total $18.5 billion, an 11% increase from 2017. The IT outsourcing segment is the second-largest security spending segment after consulting." 

Gartner predicts that by 2019, total enterprise spending on security outsourcing services will be 75% of the spending on security software and hardware products, up from 63% in 2016. Enterprise security budgets are also shifting towards detection and response, and this trend will drive security market growth during the next five years.

"This increased focus on detection and response to security incidents has enabled technologies such as endpoint detection and response, and user entity and behavior analytics to disrupt traditional markets such as endpoint protection platforms and SIEM," said Contu.

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

Macs Fan Control 1.5.14 - Monitor and co...
Macs Fan Control allows you to monitor and control almost any aspect of your computer's fans, with support for controlling fan speed, temperature sensors pane, menu-bar icon, and autostart with... Read more
VueScan 9.7.96 - Scanner software with a...
VueScan is a scanning program that works with most high-quality flatbed and film scanners to produce scans that have excellent color fidelity and color balance. VueScan is easy to use, and has... Read more
FileMaker Pro 19.6.1 - Quickly build cus...
FileMaker Pro is the tool you use to create a custom app. You also use FileMaker Pro to access your app on a computer. Start by importing data from a spreadsheet or using a built-in Starter app to... Read more
Duet 3.1.0.0 - Use your iPad as an exter...
Duet is the first app that allows you to use your iDevice as an extra display for your Mac using the Lightning or 30-pin cable. Note: This app requires a iOS companion app. Release notes were... Read more
Firefox 107.0.1 - Fast, safe Web browser...
Firefox offers a fast, safe Web browsing experience. Browse quickly, securely, and effortlessly. With its industry-leading features, Firefox is the choice of Web development professionals and casual... Read more
War Thunder 2.21.1.91 - Multiplayer war...
In War Thunder, aircraft, attack helicopters, ground forces and naval ships collaborate in realistic competitive battles. You can choose from over 1,500 vehicles and an extensive variety of combat... Read more
Numbers 12.2.1 - Apple's spreadshee...
With Apple Numbers, sophisticated spreadsheets are just the start. The whole sheet is your canvas. Just add dramatic interactive charts, tables, and images that paint a revealing picture of your data... Read more
DEVONthink Pro 3.8.7 - Knowledge base, i...
DEVONthink is DEVONtechnologies' document and information management solution. It supports a large variety of file formats and stores them in a database enhanced by artificial intelligence (AI). Many... Read more
Drive Genius 6.2.3 - $79.00
Drive Genius features a comprehensive Malware Scan. Automate your malware protection. Protect your investment from any threat. The Malware Scan is part of the automated DrivePulse utility. DrivePulse... Read more
VLC Media Player 3.0.18 - Popular multim...
VLC Media Player is a highly portable multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, MP3, OGG, ...) as well as DVDs, VCDs, and various streaming protocols. It... Read more

Latest Forum Discussions

See All

TouchArcade Game of the Week: ‘Sling Min...
The world of PC games has always blown my mind because there’s just SO MUCH stuff out there that it’s not uncommon at all for there to be a game that’s well-liked and well-reviewed, and seemingly quite popular with a solid fanbase, and have it be... | Read more »
SwitchArcade Round-Up: Reviews Featuring...
Hello gentle readers, and welcome to the SwitchArcade Round-Up for December 2nd, 2022. So, today turned out a little quieter than the usual Friday. It was so quiet, in fact, that I decided to pen a few reviews. The Knight Witch, Railbound, and Donut... | Read more »
Blue Archive reveals its latest event st...
Nexon has announced the new update for Blue Archive, under the name of An Unconcealed Heart. Featuring a battle between two academies, the story will follow a group struggling to gain recognition, and will bring three new students to recruit. [... | Read more »
Dead Cells+ Is Out Now on Apple Arcade a...
Following the major update for Dead Cells on iOS and Android a few days ago, Playdigious has brought Dead Cells+ () to Apple Arcade. As an App Store Great, Dead Cells+ includes all prior paid DLC and content updates. It also has exclusive mobile... | Read more »
SwitchArcade Round-Up: ‘Romancing SaGa’,...
Hello gentle readers, and welcome to the SwitchArcade Round-Up for December 1st, 2022. Wow, December. We’re already at the last month of the year? Phew. I have a lot of work to finish in the next few weeks. As for today, we’ve got a little news, a... | Read more »
‘Railbound’ Update Now Available Adding...
One of our favorite puzzlers released this year is Railbound from Afterburn Games, which hit in early September and earned our Game of the Week recognition for being an absolutely ace logic puzzler. The goal is to place rail pieces down in order to... | Read more »
The Seven Deadly Sins: Grand Cross celeb...
Netmarble Corporation has pulled out all the stops to celebrate the 3 and a half year anniversary of The Seven Deadly Sins: Grand Cross. The Grand Cross 3.5th Year Anniversary the Ultimate One, a rather wordy title, brings with it a brand new... | Read more »
‘Skullgirls Mobile’ Major Update 5.2 Out...
Developer Hidden Variable pushed out a major update for Skullgirls Mobile (Free) a few hours ago. The version 5.2 update brings in Black Dahlia (before the console and PC game), Retakes, XP Treats, free gifts, and more. Since launch, Skullgirls... | Read more »
Out Now: ‘Disgaea 4’, ‘Romancing SaGa: M...
Each and every day new mobile games are hitting the App Store, and so each week we put together a big old list of all the best new releases of the past seven days. Back in the day the App Store would showcase the same games for a week, and then... | Read more »
SwitchArcade Round-Up: ‘Elevator Action...
Hello gentle readers, and welcome to the SwitchArcade Round-Up for November 30th, 2022. We’re finishing up the month on a quiet note, friends. There are five new releases to look at today, with a few notables amongst them. We’ve got summaries for... | Read more »

Price Scanner via MacPrices.net

New Holiday Sale: Apple retailers are offerin...
Several Apple retailers lowered prices on 10.9″ iPad Airs overnight to lows of $100 off MSRP starting at $499. Their prices are the lowest available for iPad Airs anywhere this Holiday season right... Read more
New Holiday sale at Amazon: Take $50 off Appl...
Amazon has Apple’s new 10th-generation iPads in stock and on sale, for the first time, for $50 off MSRP starting at only $399. Their discount applies to all models and all colors. With the discount,... Read more
Holiday Sale: Get an 8.3″ Apple iPad mini for...
Sams Club has 10.9″ 64GB iPad minis on Holiday sale for $80-$100 off MSRP through December 7, 2022. With their discount, prices start at $399 — the cheapest price for a new iPad mini from any of the... Read more
Sams Club Holiday December Event sale: Apple...
Apple AirPods Max headphones are on sale at Sams Club for $110 off MSRP ($439) as part of their December Event sale, ending on December 7, 2022, valid for all colors. Sale price for online orders... Read more
Apple’s 10.2″ 64GB 9th-generation iPads are o...
Sams Club has 9th-generation 64GB iPads on Holiday sale for $60 off MSRP through December 7, 2022. With their discount, prices start at $259 — the cheapest price for a new iPad from any of the Apple... Read more
11″ 128GB WiFi M2 iPad Pro on sale for $749,...
B&H Photo has the new 11″ 128GB WiFi M2-powered iPad Pro (in Space Gray or Silver) on Holiday sale for $749 including free 1-2 day shipping to most US addresses. Their price is $50 off MSRP and... Read more
Find the best Holiday sale price on an iPad u...
We’ve updated our iPad Price Trackers with the latest information on the new 10th-generation iPads, M2-powered iPad Pros, M1 iPad Airs, iPad minis, and 9th generation iPads from Apple’s authorized... Read more
Apple retailers are offering $100-$150 Holida...
Apple retailers have posted their most-recent Holiday sale prices on 13″ MacBook Airs. Take up to $150 off MSRP on M2-powered Airs with these sales with prices starting at only $1099. Free shipping... Read more
Holiday Sale: Apple’s 14″ MacBook Pros with M...
B&H Photo is offering $200-$300 discounts on Apple’s 14″ MacBook Pros with M1 Pro CPUs as part of their Holiday 2022 sale, with prices starting at $1799. Free 1-2 day shipping is available to... Read more
Deal Alert! 50% off Apple MagSafe Chargers
AT&T has Apple MagSafe Chargers on sale for 50% off MSRP as part of their Holiday sale. Service is not required to take advantage of these savings. With the discounts, their sale prices are the... Read more

Jobs Board

Support Technician II - *Apple* Support - O...
…problems and acting as a liaison between customers and resolving groups. As an Apple Technical Specialist, you will be supporting many of our popular Apple Read more
*Apple* Electronic Repair Technician - PlanI...
…a highly motivated individual to join our Production Department as an Apple Electronic Repair Technician. The computer repair technician will diagnose, assemble, Read more
Lead Developer - *Apple* tvOS - Rumble (Uni...
…earnings, and positive sentiment About the role: We are looking for a Lead Apple tvOS Developer to join our application engineering team to expand our video centric Read more
Tier 1 Endpoint Engineer - *Apple* - Red Ri...
…Desk on site, at our Client's location, with a focus on support to Apple products. This position will handle technical support requests directly from customers and Read more
Product Manager II - *Apple* - DISH (United...
…you will be doing We seek an ambitious, data-driven thinker to assist the Apple Product Development team as our new Retail Wireless division continues to grow and Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.