If you're planning your technology budgets for the year, make sure you've left some of it for infrastructure software and business intelligence applications, and especially for security.
Research firm Forrester says that security software has leapfrogged other software categories in Asia Pacific and now leads the region in terms of expected software spending growth in 2014.
whether spending would increase in 2014 compared to 2013, 55% of 3,382
IT executives and technology budget decision makers in organisations in
the Asia Pacific said they would up expenditure by '5% to 10%, or more'
in the security software category. Tying for second place were
infrastructure software and business intelligence and related
According to author Manatosh Das, the high growth in security software spending in Asia Pacific is primarily due to:
to public cloud services. "In a recent survey, 41% of Asia Pacific
firms identified public cloud and other as-a-service offerings as a high
or critical priority for 2014. Increased adoption of public cloud-based
services like storage and disaster recovery is stretching the attack
surface," he explained.
Increased mobility. The same survey
reported that nearly 45% of the Asian organizations which responded
identified mobility as a high or critical priority for 2014. Mobility
also creates more opportunities for attackers.
More social media
adoption. Employees could use uncertified software that might contain
malware. "Cybercriminals frequently embed malware in social media
websites or third-party applications. Infected users can then spread the
malware to other devices," Das warned.
Forrester suggests that
businesses balance business functionality against the risk, listing
identity and access management, encryption, key management, two-factor
authentication, next-generation firewall, security information
management, VPN, security modules for mobile device management, mobile
application management, and mobile content management technologies as
some of the ways to address these risks.