According to the latest research from Gartner, enterprise cybersecurity spending is expected to top $96 billion in 2018, an 8% increase from 2017.

This increase comes as organizations scramble to protect themselves from damaging data breaches and meet regulatory compliance requirements, like the upcoming GDPR mandate who’s deadline is just around the corner (May 2018).

53% of organizations cited breaches as their number one driver for spending, aiming to avoid being the next Equifax in the headlines for poor security practices.

“Overall, a large portion of security spending is driven by an organization’s reaction toward security breaches as more high profile cyber attacks and data breaches affect organizations worldwide,” claims Ruggero Contu, research director at Gartner.

The fastest growing sub-segments in 2018 are expected to be security testing, IT outsourcing, and Security Information and Event Management SIEM. Log Analysis or SIEM, is a critical weapon in the fight against any cyber-attack. NNT’s Log Tracker Enterprise offers a comprehensive and easy to use SIEM solution for any compliance mandate, providing compliance automation, user & system activity audit trails, network anomaly forensics, and proactive threat detection.

Regulations including GDPR, NIST, HIPAA, and China’s Cybersecurity Law are also driving security spending in 2018. Other trends expected next year include a shift towards detection and response, particularly at the endpoint, and automation and outsourcing. This increase in outsourcing is a result of a technology industry skills shortage, with security outsourcing expected to reach $18.5 billion in 2018.

 

Read this article on InfoSecurity Magazine

 

 

  

 

The Most Powerful & Reliable Cybersecurity Products

change tracker gen7r2 logo

Change Tracker Gen 7R2: Complete configuration and system integrity assurance combined with the most comprehensive and intelligent change control solution available.

FAST Cloud logo

Fast Cloud: Leverage the world’s largest whitelist repository to automatically evaluate and verify the authenticity of file changes in real-time with NNT FAST™ (File Approved-Safe Technology)

vulnerability tracker logo

Vulnerability Tracker: The world’s only limitless and unrestricted vulnerability scanning solution with unparalleled accuracy and efficiency, protecting your IT assets on premises, in the cloud and mobile endpoints.

log tracker logo

Log Tracker: Comprehensive and easy to use security information & event log management with intelligent & self-learning correlation technology to highlight potentially harmful activity in seconds

Contact Us

USA Offices

New Net Technologies LLC
4850 Tamiami Trail, Suite 301
Naples, Florida, 34103

New Net Technologies LLC
1175 Peachtree St NE
Atlanta, Georgia, 30361.

Tel: (844) 898-8358
[email protected]

 

UK Office

New Net Technologies Ltd
The Russell Building, West Common
Harpenden, Hertfordshire
AL5 2JQ

Tel: 020 3917 4995
 [email protected]

SC Magazine Cybersecurity 500 CSGEA Winners 2021 CIS benchmarking SEWP Now Certified IBM Security
Copyright 2022, New Net Technologies LLC. All rights reserved. 
NNT and Change Tracker are registered trademarks of New Net Technologies LLC.
All other product, company names and trademarks are the property of their respective owners.