AUG 25, 2014 5:58pm ET

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Information Security Spending to reach $71 Billion in 2014


Worldwide spending on information security will reach $71.1 billion in 2014, an increase of nearly 8 percent over 2013, with the data loss prevention segment showing the fastest growth at 19 percent, according to the latest forecast from Gartner Inc.

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Comments (2)
I wonder what is spent on data loss each year by users who can't find their information, and companies who have to create the information again, because they "lost" it the first time, or they are keeping multiple copies of it as a hedge against loss? -
Posted by Edan P | Tuesday, August 26 2014 at 7:55AM ET
A part of the budget here must be spend on engaging the personnel in ethical hacking techniques, and spreading awareness among customers. The biggest security threat isn't the technical aspect of vulnerability but the fact that most customers are not even aware of basic password strength requirements, let alone a clear guideline on fluid security threats. IT dev is mostly too out of tune for knowing the latest OWASP guidelines or data protection options for mission critical data like these:
Posted by Eamon W | Monday, September 01 2014 at 4:10PM ET
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