Security is the top initiative companies plan to pursue in the next 24 months with investments in virus and malware protection, patch management, and intrusion detection and prevention.

Posted on BetaNews | By Ian Barker

According to a new State of Resilience report by big data company Syncsort, 49 percent plan to spend on these areas, with 47 percent planning to spend on business continuity and high availability.

The report also finds that while almost two-thirds of companies perform security audits on their systems, the most common schedule is annual (39 percent). Another 10 percent conduct audits only every two years or more, which, given an ever-changing IT environment, could mean significant exposure to risk.

Top security challenges are seen as the cloud, with 43 percent identifying it as their top security challenge for the coming year, followed by sophistication of attacks (37 percent) and ransomware (35 percent).

Top security challenges are seen as the cloud, with 43 percent identifying it as their top security challenge for the coming year, followed by sophistication of attacks (37 percent) and ransomware (35 percent).

Read entire article Security and business continuity top IT spending plans for 2018 | BetaNews

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