Roughly $60 billion is expected to be invested in IT security products and services this year, according to the market research firm Gartner. 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.
That's no small sum, and begs the question whether or not organizations are getting value for their money. With more than 560 million records exposed from 3,438 data breaches (since 2005, according to the Privacy Rights Clearinghouse), the only honest answer can be along the lines of not very well.
To continue reading this article register now