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TECH BUYER Dec 2018 - IDC Perspective - Doc # US44520918

Survey Results: More Security Spending Doesn't Lead to Fewer Incidents

By: Pete LindstromVice President of Research, Enterprise / NextGen Security

Abstract

This IDC Perspective presents survey findings from the Digital Trust and Cybersecurity Economics Survey; these findings illustrate the challenge of making spending decisions on cybersecurity. Cybersecurity has garnered much attention in recent years, and organizations have been working to catch up to the risks apparent in digital economies. As organizations slow down their spending, now is the time to evaluate the nature of the spending, the efficacy of the security program, and the ultimate benefit in terms of risk reduction.

"We implicitly believe that more security spending ultimately leads to lower risk," said Pete Lindstrom, VP of Security Strategies. "But spending and incidents do not seem to reflect this. Enterprises that are aiming to become more efficient and effective with their security program can start by collecting spending data about their security programs."


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