$60 billion is expected to be invested in IT security products and services this year. That’s up from $55 billion last year, with growth expected through at least 2016, when security spending is anticipated to hit a staggering $86 billion annually. More than 560 million records exposed from 3,438 data breaches since 2005, according to the Privacy Rights Clearinghouse. Of our respondents, only 27.2 percent have an incident response process to report and handle breaches to third parties that handle data.”]
Source: https://www.csoonline.com/article/2132504/fatal-half-measures-in-incident-response.html