Australian firms to spend $4.9b on infosec, risk management in 2021 – Digitalmunition




Featured no image

Published on March 22nd, 2021 📆 | 6335 Views ⚑

0

Australian firms to spend $4.9b on infosec, risk management in 2021

Image by 200 Degrees from Pixabay

Organisations in Australia are forecast to spend more than $4.9 billion on enterprise information security and risk management products and services in 2021, an increase of 8% year-on-year, the technology analyst firm Gartner says.

The forecast was made during the online Gartner Security & Risk Management Summit APAC which is being held this week.
Senior research director Richard Addiscott said the focus on security and risk was due to major attacks like the SolarWinds supply chain incident, proposed legislation such as the Security Legislation Amendment (Critical Infrastructure) Bill 2020 and regulatory obligations
“Many of the conversations we’re having with government and private sector clients in Australia revolve around the Essential Eight, varying state government cyber security frameworks, and regulatory instruments such as APRA’s Prudential Standard CPS 234,” said Addiscott.

“Organisations are being directed to implement these strategies to mitigate cyber security incidents.
“However, the road to full implementation is not an easy path, and nor should it be seen as a cyber security panacea.
“Rather than adopting a compliance-centric posture, organisations need to adopt a risk-based approach to security, protecting the organisation from the most critical threats while focusing on business outcomes.”
The company said cyber security was the second priority for new spending, with 67% of Australia and New Zealand respondents increasing investment in cyber/information security, second only to business intelligence and data analytics (73%), according to its 2021 CIO Agenda Survey.

Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP
The much awaited iTWire Shop is now open to our readers.Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.Products available for any country.We hope you enjoy and find value in the much anticipated iTWire Shop.
ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV
iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.
SEE WHAT’S ON ITWIRE TV NOW!

originally appeared on Source link

Tagged with:



Leave a Reply