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BUSINESSES INCREASING THEIR CYBERSECURITY BUDGET

According to a new report by Thales e-security, with 73% of organisations expecting their cybersecurity budget to increase over the next 12 months, compared to 58% which received extra funds for protection last year. Nevertheless, the common confusion remained i.e. does spending extra money on antivirus software enough to stop cyber attacks and data breaches?

“PwC’s Global State of Information Security Survey 2017 states that 59 percent of GSISS respondents say “digitization of their business ecosystems has impacted” security budgets.”

Source: Cybersecurity Venture

PwC 2017 Global State of Information Security Report – At the core of a more agile cyber security approach is the cloud. The power and interoperability of cloud-based platforms enable organisations to synthesise a range of synergistic technologies.”

The majority of survey respondents (63%) said they run IT services in the cloud, meaning more organisations as entrusting sensitive business functions to cloud providers.

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“Cybersecurity Ventures predicts global spending on cybersecurity products and services will exceed $1 trillion cumulatively over the next five years, from 2017 to 2021.”

Source: Cybersecurity Venture

At REDtone, we adopt an “Uncompromised Cyber Security and Protection” approach. We took a significant step towards enhancing our Managed CyberSecurity offerings by launching “Origin Protection / Clean Pipe” service, following a strategic partnership with the award-winning global leader in DDoS Mitigation – Nexus Guard.

REDtone Managed Cyber Security Service is a cloud-based platform that provides organisations with comprehensive protection against the most challenging distributed denial-of-service (DDoS) attacks, protecting their brand, revenue, customers and earning potential.

Talk to us today, our cyber security team is ready to answer any questions you may have.

www.redtone.com

 

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Categories: Cyber security

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