Endpoint //

Privacy

8/15/2018
12:30 PM
50%
50%

Gartner Says IT Security Spending to Hit $124B in 2019

Global IT security spending will grow 12.4% in 2018 and another 8.7% in 2019.

IT security spending is growing at a healthy 12.4% and will continue to expand based on demand generated by concerns of security risks, business needs, and industry changes, according to a new Gartner forecast.

Security spending should be more than $114 billion in 2018 and grow by 8.7% to $124 billion in 2019. Privacy will drive many of the new expenditures, with identity and access management, identity governance and administration, and data loss prevention key areas of interest.

Capital purchases are not the only reason for spending: ongoing skills shortages and concerns over regulations such as GDPR are driving organizations to build more relationships with security services to bridge gaps in their capabilities. Gartner estimates that services will represent at least half of security software delivery by 2020.

Read more here.

 

Learn from the industry's most knowledgeable CISOs and IT security experts in a setting that is conducive to interaction and conversation. Early bird rate ends August 31. Click for more info

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
mbergstrand
50%
50%
mbergstrand,
User Rank: Apprentice
10/3/2018 | 11:52:40 AM
Re: Where do these statistics come from?
You are exaggerating, but that is common. Statistics prove that 112% of people exaggerate.
rharnish
50%
50%
rharnish,
User Rank: Author
8/28/2018 | 9:19:05 PM
Where do these statistics come from?
Studies show that 76.3% of all statistics are made up on the spot.
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
8/15/2018 | 1:59:28 PM
Career choice is good too
For the obvious - security per se cannot be easily outsourced out as opposed to standard data center server support and programming functions.  Finding a qualified and experienced CIISP is hard and they can demand good salaries - and one with real world experience is the best of all.  If I were considering anything in IT right now, it would be THIS field.  
Understanding Evil Twin AP Attacks and How to Prevent Them
Ryan Orsi, Director of Product Management for Wi-Fi at WatchGuard Technologies,  11/14/2018
Veterans Find New Roles in Enterprise Cybersecurity
Kelly Sheridan, Staff Editor, Dark Reading,  11/12/2018
To Click or Not to Click: The Answer Is Easy
Kowsik Guruswamy, Chief Technology Officer at Menlo Security,  11/14/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-19301
PUBLISHED: 2018-11-15
tp4a TELEPORT 3.1.0 allows XSS via the login page because a crafted username is mishandled when an administrator later views the system log.
CVE-2018-5407
PUBLISHED: 2018-11-15
Simultaneous Multi-threading (SMT) in processors can enable local users to exploit software vulnerable to timing attacks via a side-channel timing attack on 'port contention'.
CVE-2018-14934
PUBLISHED: 2018-11-15
The Bluetooth subsystem on Polycom Trio devices with software before 5.5.4 has Incorrect Access Control. An attacker can connect without authentication and subsequently record audio from the device microphone.
CVE-2018-14935
PUBLISHED: 2018-11-15
The Web administration console on Polycom Trio devices with software before 5.5.4 has XSS.
CVE-2018-16619
PUBLISHED: 2018-11-15
Sonatype Nexus Repository Manager before 3.14 allows XSS.