{"id":90633,"date":"1999-12-31T00:46:00","date_gmt":"1999-12-30T13:46:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/security-spending-to-top-us37-billion-next-year\/"},"modified":"1999-12-31T00:46:00","modified_gmt":"1999-12-30T13:46:00","slug":"security-spending-to-top-us37-billion-next-year","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/security-spending-to-top-us37-billion-next-year\/","title":{"rendered":"Security Spending To Top US$37 Billion Next Year"},"content":{"rendered":"<p>Security spending is set to exceed US$37 billion next year as organisations look to fend off potential cyber-attacks, according to Ovum.<font size=\"2\" face=\"Verdana\">Next year, the IT security industry will <\/p>\n<p>focus on helping organisations to know more about the threats they face,<\/p>\n<p> according to Ovum&#8217;s Security 2016 Trends to Watch report.<\/p>\n<p>IT <\/p>\n<p>will utilise security intelligence along with analytical capabilities to<\/p>\n<p> map the threat landscape and find and take action against new and <\/p>\n<p>recurring threats.<\/p>\n<p>&#8220;Industry coverage will include new <\/p>\n<p>technologies which have been designed to identify and address the risky <\/p>\n<p>actions that users are taking and the unauthorised, often cloud-based <\/p>\n<p>facilities they are choosing to use,&#8221; Ovum states.<\/p>\n<p>Ovum lists its<\/p>\n<p> trends to watch next year as: improving the usefulness of security <\/p>\n<p>analytics and threat intelligence is vital; keeping business data safe <\/p>\n<p>calls for new and innovative technology; cybersecurity controls must <\/p>\n<p>improve to deal with next-generation business systems; and, identity <\/p>\n<p>management has to evolve to deal with the complete digital life cycle.<\/p>\n<p>&#8220;In<\/p>\n<p> 2016, the security plaudits should go to software and service providers<\/p>\n<p> who can identify threats earlier and provide organisations with the <\/p>\n<p>quality of security intelligence they need to keep data safe,&#8221; Andrew <\/p>\n<p>Kellett, Ovum principal analyst, software &#8211; IT solutions and report <\/p>\n<p>author, commented.<\/p>\n<p>&#8220;More realistically, it is likely to go to <\/p>\n<p>vendors who can spot security breaches soon after they occur and deal <\/p>\n<p>effectively with the aftermath of remediation.&#8221;<\/p>\n<p>Kellett added <\/p>\n<p>that &#8220;detection and remediation tools that can spot all types of malware<\/p>\n<p> and reduce recovery timelines after a breach will continue to have an <\/p>\n<p>important role&#8221;.<\/p>\n<p>Operational demands, including the use of <\/p>\n<p>technology that makes business information more readily available and <\/p>\n<p>consequently more vulnerable to cyber-attacks, will drive the need for <\/p>\n<p>better security, according to Ovum, with the increasing use of <\/p>\n<p>cloud-based services, user mobility and multiple devices adding <\/p>\n<p>complexity to security, particularly identity and access management <\/p>\n<p>requirements. &nbsp;<\/p>\n<p>Next year, more use will be made of analytical <\/p>\n<p>and intelligence-based security tools to identify threats and help <\/p>\n<p>qualify the actions that need to be taken to keep businesses safe.<\/p>\n<p>&#8220;The focus on keeping user and business data safe is a key issue,&#8221; Kellet commented.<\/p>\n<p>&#8220;As<\/p>\n<p> such, there needs to be far more interest in the control elements of <\/p>\n<p>security that define what users are allowed to do: what on-premise and <\/p>\n<p>cloud-based facilities and services they can and cannot use, what data <\/p>\n<p>resources they are allowed to access, and where that data can be kept.&#8221;<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Security spending is set to exceed US$37 billion next year as organisations look to fend off potential cyber-attacks, according to Ovum.<\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,27],"tags":[],"class_list":["post-90633","post","type-post","status-publish","format-gallery","hentry","category-archive","category-internet","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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