theDocumentId => 1332561 Gartner Says IT Security Spending to Hit $124B in 2019

Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

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
 

Recommended Reading:

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.  
Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-37436
PUBLISHED: 2021-07-24
Amazon Echo Dot devices through 2021-07-02 sometimes allow attackers, who have physical access to a device after a factory reset, to obtain sensitive information via a series of complex hardware and software attacks. NOTE: reportedly, there were vendor marketing statements about safely removing pers...
CVE-2021-32686
PUBLISHED: 2021-07-23
PJSIP is a free and open source multimedia communication library written in C language implementing standard based protocols such as SIP, SDP, RTP, STUN, TURN, and ICE. In PJSIP before version 2.11.1, there are a couple of issues found in the SSL socket. First, a race condition between callback and ...
CVE-2021-32783
PUBLISHED: 2021-07-23
Contour is a Kubernetes ingress controller using Envoy proxy. In Contour before version 1.17.1 a specially crafted ExternalName type Service may be used to access Envoy's admin interface, which Contour normally prevents from access outside the Envoy container. This can be used to shut down Envoy rem...
CVE-2021-3169
PUBLISHED: 2021-07-23
An issue in Jumpserver 2.6.2 and below allows attackers to create a connection token through an API which does not have access control and use it to access sensitive assets.
CVE-2020-20741
PUBLISHED: 2021-07-23
Incorrect Access Control in Beckhoff Automation GmbH & Co. KG CX9020 with firmware version CX9020_CB3011_WEC7_HPS_v602_TC31_B4016.6 allows remote attackers to bypass authentication via the "CE Remote Display Tool" as it does not close the incoming connection on the Windows CE side if t...