Cybersecurity spend to increase just 8% per annum compared to 30% in cybercrime costs
Hampshire, UK - April 25, 2017 (Investorideas.com Newswire) A new report by Juniper Research has found that while spend on cybersecurity is increasing, it is not keeping pace with threats posed by data breaches. The new research, The Future of Cybercrime & Security: Enterprise Threats & Mitigation 2017-2022, forecasts that global cybersecurity spend will reach nearly $135 billion in 2022, up from an estimated $93 billion this year. However, over the next five years, data breaches will have cost business a cumulative total of $8 trillion in fines, lost business and remediation costs. Read the entire article here: http://linkis.com/investorideas.com/r7jH1
One area that needs particular attention is your security system. Not only is it capturing and storing suveillance data, but a breach could also comprimise security at the perimeter.
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