Worldwide IT spending is set to shrink to $3.66 trillion in 2015, a 1.3 percent decrease from 2014, according to the latest forecast by Gartner.
High-profile attacks reveal that malicious hackers target third-party vendors and supply chain partners as a backdoor into their primary target, according to CyberArk Software.
1 in 3 security professionals recommend negotiating with cybercriminals for the return of stolen data or the restoration of encrypted files, according to ThreatTrack Security.
IT security spending should be aligned with risk analysis results.
Most organizations (67%) are facing rising threats in their information security risk environment, but over a third (37%) have no real-time insight on cyber risks necessary to combat these threats.
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