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Gartner: Security spending to reach $76.9bn in 2015

: Tuesday, August 26 - 2014 @ 09:14

Security spending will continue to grow at a rate of 8.2% in 2015, reaching $76.9bn, Gartner predicted. The research house added that the increasing adoption of mobile, cloud, social and information will drive the use of new security technologies and services through to 2016, ITP reported. “This Nexus of Forces is impacting security in terms of new vulnerabilities,” said Gartner research director Lawrence Pingree. “It is also creating new opportunities to improve effectiveness, particularly as a result of better understanding security threats by using contextual information and other security intelligence.” Pingree added that the bigger trend that emerged in 2013 was the democratisation of security threats, driven by the easy availability of malware and infrastructure via the black market. These readily available kits can be used to launch highly targeted advanced attacks, Gartner warned. Gartner also predicted that, by 2015, roughly 10% of security product capabilities would be made available in the cloud.

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Tuesday, August 26- 2014 @ 9:14 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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