Cyber security spending to reach $90bn in 2017

This year, the cyber-security focus is shifting from prevention only, into detection and response territory. This is according to a new Gartner report, which also says cyber-security spending will hit the $90 billion mark this year. That’s actually a 7.6 percent increase year-on-year. Spending will keep on growing, Gartner says, up to $113 billion in 2020. What’s interesting is that this shift has created new security product segments, including deception, endpoint detection and response, and software-defined segmentation. There’s also cloud access security brokers, or user behavior analytics. Besides making businesses spend more on security, it’s also making them spend less… [Continue Reading]