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With Billions Spent on Cybersecurity, Why Are Problems Getting Worse?

May 29, 2017

By: Sikur

By Grant Elliott

Technology alone won’t keep you safe. Fully engaged employees should be your first line of defense.

In 2016, over $18 billion was spent on cybersecurity. It’s estimated that almost a trillion dollars more will be spent over the next five years. Despite this, research shows that the problem is getting worse. Data breaches are at an all-time high, and the fierceness of these attacks has never been greater.

The reason is not that we’re unable to develop smarter, better technologies to secure our data but that we use these technologies in a scattered and siloed approach. Also, we fail to leverage most companies’ greatest asset — their people.

Protecting data has always been a challenge, but there are a number of reasons why it’s becoming harder in the digital age.

MORE: http://www.darkreading.com/application-security/with-billions-spent-on-cybersecurity-why-are-problems-getting-worse/a/d-id/1328896

 

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