“It looks like 2016 is set to be the year when Information Security gets serious. This year is predicted to break records in terms of investment in cybersecurity measures, with organizations predicted to allocate nearly nine percent of their entire IT budget to security. According to the SANS Institute’s IT Security Spending Report, the protection of sensitive information and regulatory compliance are the two most important driving forces behind this increase in security spending.
Great news for cybersecurity product vendors, but with history telling us that reported breaches and losses from cyber-attacks are still increasing just as quickly, despite previous year on year growth in IT Security budgets, just what is going wrong with Corporate Cybersecurity…” Read more here.
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