The increased adoption of mobile, social and cloud computing is driving growth in security spending among organizations that are also becoming more aware of threats on all those fronts.
Worldwide spending on information security will top US$71 billion this year, an increase of 7.9 percent over 2013, with the data loss prevention segment recording the fastest growth at 18.9 percent, research firm Gartner said Friday.
Research director Lawrence Pingree pointed to what he called the "democratization" of security threats, with malicious software tools that can be used to launch advanced attacks now more broadly available online via an underground economy. While this has made life even more difficult for CISOs, it has also resulted in increased awareness. Security is no longer seen as just an IT function or a cost center, he said.
