Tag: Lawrence Pingree

Cloud security spending increasing

Divination experts at analyst outfit Gartner have been observing the flight of birds, taken out the kidneys of live animals as auspices and are predicting that cloud security spending will increase by a third this year.

Information security spending is set to grow 2.4 percent to hit $123.8 billion in 2020, down from the 8.7 percent growth Gartner projected in its December 2019 forecast update.

Firewalls and network security devices  are expected to endure spending declines this year, the mass shift to remote working and cloud will drive gains elsewhere.