CSO — Today's security threats span a broad spectrum of social engineering schemes, international hackers, and insider threats like the recent NSA breach. It's easy to get overwhelmed by all of the potential threats and where money should be spent to keep up, let alone stay ahead of the curve.
"Security functions are getting only 70 percent of the resources that they need to do an adequate job" of securing the business, including hardware, software, services and staff, said Michael Versace, insights director of worldwide risk at IDC. "The hard stuff is in the next 30 percent."
Meanwhile, worldwide spending on security infrastructure, including software, services and network security appliances used to secure enterprise, rose to $60 billion in 2012, up 8.4 percent from $55 billion in 2011, according to Gartner Inc. That number is expected to hit $86 billion by 2016.