Network security spending will grow nearly twice as fast as IT security spending over the next five years, study finds. Security challenge for mid-tier businesses is “multi-dimensional,” 451 Research analyst says. Data loss prevention, network access control and encryption are the most sought-after cloud-based security capabilities. The financial hit to these businesses averaged $178,000 annually just for network security, representing 39 percent of an organization’s total IT budget. Nearly 75 percent of respondents dedicate three to five full-time employees to manage their security.”]
Source: https://www.csoonline.com/article/3192631/security-as-a-service-model-gains-traction.html