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Worldwide spending on IT security products and services to reach US$86.4 billion in 2017: Gartner

August 22, 2017 by Canadian Underwriter

Worldwide spending on information technology security products and services will reach US$86.4 billion in 2017, an increase of 7% over 2016, according to the latest forecast from Gartner, Inc.
Spending is expected to continue its growth to US$93 billion in 2018, the Stamford, Conn.-based research and advisory company said in a press release last week.
Within the infrastructure protection segment, Gartner forecasts fast growth in the security testing market (albeit from a small base) due to continued data breaches and growing demands for application security testing as part of…

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One in four hide cybersecurity incidents from employers, global Kaspersky survey finds

July 10, 2017 by Canadian Underwriter

Forty per cent of employees around the globe hide IT security incidents to avoid punishment, according to a new report from cybersecurity company Kaspersky Lab and market research company B2B International. The report, titled Human Factor in IT Security: How

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Global businesses unclear on how to combat targeted, DDoS attacks, Kaspersky survey reveals

January 6, 2017 by Canadian Underwriter

Global businesses are not confident on how to protect themselves against threats like targeted cyberattacks and distributed denial of services (DDoS) attacks, according to new research from worldwide cybersecurity company Kaspersky Lab. Research from the Corporate IT Security Risks annual