• Register

Data Net Blog

Businesses Expected to Spend $96 Billion this Year on IT Security

Businesses Expected to Spend $96 Billion this Year on IT Security

A report by Gartner has provided evidence that security considerations are anticipated to see investments in 2018. So, if you were planning on focusing on your business’ information security this year, you certainly aren’t the only one.

An analysis of businesses around the world shows that increasing attention has been devoted to security essentials that have always been given a relatively smaller chunk of the budget to work with. Furthermore, security spending has been going up across the board.

This means that, while identity access management receives the smallest investment, there is still an anticipated 9.7 percent rise in spending on it when comparing 2017 to 2018. There is also a 6.7 percent anticipated rise in spending on network security, an 11 percent rise in investment into security services, and a growth of 7.7 percent where infrastructure protection is concerned.

For an explanation as to why this increase in security investments is taking place, one only has to consider what 2017 offered cybersecurity.

To be frank, it wasn’t pretty.

There were security events with global impact, including NotPetya and WannaCry, as well as the news of the Equifax security breach. With these events and more only providing more evidence of the value that proactive and comprehensive network security preparations can provide, businesses are learning that it is better to be forearmed, than it is to just be forewarned.

Yet many projections suggest that even the overall spending increase we have seen of 8.8 percent may not be enough to keep up with the trajectory that is anticipated for cybersecurity. There are countless examples of how the increased reliance we have on technology in everyday life can lead to increased risk as well. Consider what today’s botnets use for ammunition. Instead of attacking PCs and workstations, phones and IoT devices are being targeted--and that’s just one way that the way we consider cybersecurity will have to change.

On a more positive note, businesses are seeing the value in outsourcing their growing security needs to professionals with the necessary experience to implement them. Spending of this kind is projected to see an increase of 11 percent. Will any of that come from your investment?

If so, make sure you reach out to Data Net. Our professionals understand how to use IT solutions to improve your business’ security and performance. For more information, call (760) 466-1200.

If Your Business isn’t Leveraging BI, It Should Be
Test 1/25/18


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Monday, August 19, 2019

Captcha Image

Tag Cloud

Tip of the Week Security Best Practices Technology Business Computing Productivity Network Security Malware Privacy Data Microsoft Efficiency User Tips Communication Hackers Google Smartphones Internet Mobile Device Tech Term Computer Hardware Email IT Support Communications Ransomware Cybersecurity Innovation Software Android Windows 10 Users Cloud Small Business Managed IT Services Business Management VoIp Workplace Tips Network Mobile Devices IT Services Business Passwords Browser Smartphone Applications Collaboration Hosted Solutions Cloud Computing Information Outsourced IT Social Media Wi-Fi Miscellaneous Employer-Employee Relationship Apps Data Backup Wireless Bandwidth Chrome Holiday Microsoft Office Internet of Things Backup Managed IT services Data recovery Upgrade Networking Patch Management Saving Money Gmail Marketing Save Money Laptop Access Control Value Blockchain Windows Business Intelligence Word Gadgets Managed Service Office 365 Computers Facebook Voice over Internet Protocol Data Protection How To Automation Virus Compliance Telephony Healthcare Processor Physical Security Phishing Net Neutrality Artificial Intelligence Password G Suite Data Security Mobility Excel Paperless Office Remote Monitoring and Management Cortana Scam Data Breach RAM Router VPN Government Remote Computing BDR Medical IT Wireless Charging Data Management Quick Tips Managed IT Service Office Virtual Assistant Connectivity Virtualization Tech Terms Cost Management Company Culture News Wearables Licensing Movies Touchscreen Content Filtering Health Data loss Eliminating Downtime Updates Big Data Technology Tips GDPR Server Chrome OS Database OneNote Edge Retail Ink Tablet Settings instant Messaging Network Attached Storage Environment Live Streaming Managing Stress Spam Telephone System Maintenance Plug-In User Security IT budget Twitter Tech Support Microsoft Office 365 WannaCry Employees HP BYOD Workers Certification Streaming Media Storage Comparison Cybercrime Windows Server 2008 R2 Dongle Remote Support PowerPoint Vulnerabilities e-waste Troubleshooting Tip of the week Document Management Antivirus Cleaning Internet Explorer Proactive IT Business Technology Voice over IP Inventory Alert Vulnerability Unified Communications Authentication HIPAA Solid State Drive Wireless Internet File Sharing Millennials Display Backup and Disaster Recovery Downloads Dark Web Specifications Human Resources Machine Learning Tactics Taskbar Sports Reporting Knowledge Battery Cryptocurrency disposal Bring Your Own Device Update Staff Threat Personal Information IT Management Mobile Security Authorization Hard Drive Hard Disk Drive Amazon Training Benchmarks Hard Drives Apple Trends Error Conferencing Lead Generation Employee-Employer Relationship Help Desk National Security Analytics Windows 7 Server Management Congratulations Hybrid Cloud Outlook Video Digital Websites Botnet Printing eCommerce E-Commerce Operating System Travel Microsoft Teams Processors Security Cameras Risk Management SSD iPhone A.I. Electronic Health Records Telecommute Profitability Law Enforcement Telecommuting Business Continuity Website SaaS Time Management WhatsApp Cables Customer Service Safety Remote Monitoring Paper Sales Online Shopping Payment Education User Tip Spyware Financial Printers WiFi Regulation Thank You Analysis Disaster Recovery

Latest News & Events

Please join us in congratulating Bill Vann on his promotion to Customer Success Manager....

Contact Us

Learn more about what Data Net can do for your business.

Call Us Today
Call us today
(760) 466-1200

5795 Kearny Villa Road
San Diego, California 92123