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IT security spend keeps rising: Is there ROI?
Information technology security spending will apparently keep growing forever, but it’s unclear what the returns look like.
Security requirements aren’t going to go away as long as the bad guys are out there.
Canalys noted that security remains a priority for businesses even as they cut back elsewhere. Asia Pacific IT security spending will be up 9 percent in 2013 with North America growing 5 percent.
Meanwhile, medium sized businesses will grow IT security spending a 7 percent clip to hit $8.5 billion in 2017.
Link: http://www.zdnet.com/it-security-spend-keeps-rising-is-there-roi-7000019277/?s_cid=e589&ttag=e589
CISO spending priorities revealed
As to where the money is going, respondents said five areas were ‘priority one or two’ (where one is most important and five is least important).
Notable changes occur in spending priorities between 0-12 months (FY 2013) and 12-24 (FY 2014) months on data security, document security and social media security.
54% of respondents indicated spending on data security would be high priority in 2014 (up from 38% in 2013). 38% of respondents indicated spending on document security would be high priority in 2014 (more than double the 15% in 2013). 23% of respondents indicated spending on social media security would be high priority in 2014 (more than triple the 8% in 2013).
Business users visit most malicious websites, security academics find
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