GTB Technologies Security News Watch – Worldwide Information Security Edition

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In the News

Worldwide information security spending to grow 7.9% this year to reach US$81.6 billion: Gartner

Aug 9, 2016  by Canadian Underwriter

“Worldwide spending on information security products and services will reach US$81.6 billion this year, an increase of 7.9% over 2015, according to the latest forecast from Gartner, Inc., an information technology research and advisory company based in Stamford, Conn.

Secure system concept Consulting and IT outsourcing are currently the largest categories of spending on information security, Gartner said in a press release on Tuesday. However, until the end of 2020, the highest growth is expected to come from security testing, IT outsourcing and data loss prevention (DLP) … Gartner predicts that by 2018, 90% of organizations will implement at least one form of integrated DLP, up from 50% today. Organizations have been deploying DLP to address regulatory compliance, intellectual property protection and data visibility and monitoring. Newer solutions that include user entity and behaviour analytics, image analysis, machine learning and data-matching techniques are being used to augment existing solutions, Gartner said in the release.  …  Another finding in Gartner’s Forecast Analysis: Information Security, Worldwide, 1Q16 Update is that the average selling price for firewalls is expected to increase by at least 2-3% year-over-year until the end of 2018”. [1]

Read more at below footnote link

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[1] http://www.canadianunderwriter.ca/insurance/worldwide-information-security-spending-grow-7-9-year-reach-us81-6-billion-gartner-1004097999/        Canadian Underwriter

Visibility: Accurately, discover sensitive data; detect and address broken business process, or insider threats including sensitive data breach attempts.

Protection: Automate data protection, breach prevention and incident response both on and off the network; for example, find and quarantine sensitive data within files exposed on user workstations, FileShares and cloud storage.

Notification: Alert and educate users on violations to raise awareness and educate the end user about cybersecurity and corporate policies.

Education: Start target cyber-security training; e.g., identify end-users violating policies and train them.

  • Employees and organizations have knowledge and control of the information leaving the organization, where it is being sent, and where it is being preserved.
  • Ability to allow user classification to give them influence in how the data they produce is controlled, which increases protection and end-user adoption.
  • Control your data across your entire domain in one Central Management Dashboard with Universal policies.
  • Many levels of control together with the ability to warn end-users of possible non-compliant – risky activities, protecting from malicious insiders and human error.
  • Full data discovery collection detects sensitive data anywhere it is stored, and provides strong classification, watermarking, and other controls.
  • Delivers full technical controls on who can copy what data, to what devices, what can be printed, and/or watermarked.
  • Integrate with GRC workflows.
  • Reduce the risk of fines and non-compliance.
  • Protect intellectual property and corporate assets.
  • Ensure compliance within industry, regulatory, and corporate policy.
  • Ability to enforce boundaries and control what types of sensitive information can flow where.
  • Control data flow to third parties and between business units.