New eSecurityPlanet.com Survey Shows Majority of Businesses Plan to Accelerate IT Security Spending and Hiring
February 06 2019 - 7:00AM
eSecurityPlanet.com, a top online resource for IT security
professionals and vendors, released its 2019 State of IT Security
survey. This year’s results highlight an emerging gulf between
companies ready to meet the growing perimeter and insider threats
to their security, and those that aren’t, where one in three
companies are still unprepared.
Driven by fear of data breaches and new privacy regulations,
such as Europe's General Data Protection Regulation (GDPR), this
year’s survey finds that large enterprises are spending
aggressively on IT security measures. The majority of surveyed
spenders (69 percent) were identified as mid-sized to very large
organizations.
IT spending is up across the board, with 54 percent of companies
planning to increase their IT security spending this year and 30
percent aiming to increase their spending by 10 to 20 percent or
more. The survey also finds that IT security staff hiring is up as
well, with 57 percent of respondents saying their organizations are
planning to hire security staff in the next 12
months.
With increased spending and attention being focused on enhancing
IT security, the survey surprisingly reveals that many companies
still find themselves at high risk, with a third of companies
identified as being largely unprepared for cybersecurity
attacks.
"Because data breaches occur on such a frequent basis, on the
surface there seems to be a general disillusionment about the state
of cybersecurity," explains Sean Michael Kerner, senior security
editor for eSecurityPlanet.com. "Yes, there are companies out there
that are not where they need to be in terms of being secure,
however, the 2019 State of IT Security survey paints an optimistic
picture. Many of the findings point to the fact that more and more
organizations are proactive about their cybersecurity challenges,
instead of waiting for the next breach to occur."
The survey report also provides other key insights,
including:
- Spending priorities: Network access control (NAC), web
gateways and data loss prevention (DLP) are top IT security
spending priorities, revealing a need for security teams to balance
external and internal threats.
- Security tools that inspire the most and least amount of
trust: Network access controls topped the list of security
technologies that users have the most confidence in, followed by
DNS filtering, anti-virus technology, and web gateways. IT security
pros have the least amount of confidence in phishing simulation
products, followed by breach and attack simulation.
- The demand for emerging technologies: The survey shows
mixed results on demand, with deception technology being the most
likely to be adopted over the next twelve months. The demand for
other emerging technologies, such as security orchestration and
automation and response (SOAR) is low.
- Cybersecurity preparedness: The survey looks at how
readiness compares to company size and guidance on how to be more
prepared for threats.
To view the report and methodology please visit
eSecurityPlanet.com’s 2019 State of IT Security Survey here.
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About eSecurityPlanet.com
eSecurityPlanet.com is an online resource for IT security
professionals and vendors, featuring internet security news, expert
analysis, technical tutorials, product reviews, and buying guides.
Since 2000, eSecurityPlanet.com has delivered actionable insights
into the latest tools and techniques for securing enterprises
against the ever-changing cyber threat landscape. Led by an
experienced editorial team, eSecurityPlanet.com offers readers both
strategic and practical expertise to secure their networks and
data.
Website: https://www.esecurityplanet.com
Twitter: @eSecurityP
Facebook:
https://www.facebook.com/eSecurityPlanetcom-201643516537315
Rick Judge
eSecurityPlanet.com
415-429-5652
QuinStreet@libertycomms.com
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