GenAI-Driven Attacks Require Changes to Application and Data Security Practices and User Monitoring End-user spending on security and risk management (SRM) in India is forecast to total $2.9 billion in 2024, an increase of 12.4% from 2023, according to a new forecast from Gartner, Inc. Indian organizations will continue to increase their security spending through 2024 due to legacy IT modernization using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work. “In 2024, chief information and security officers (CISOs) in India will prioritize their spending on SRM to improve organizational resilience and compliance,” said Shailendra Upadhyay , Sr Principal at Gartner. “With the introduction of stringent government measures mandating security breach reporting and digital data protection , CISOs are facing heightened responsibility in safeguarding critical assets against evolving cyber threats.” Gartner a...
Details Published on Tuesday, 06 November 2012 15:46 IT spending in Europe, the Middle East and Africa (EMEA) will reach US $1.154 trillion in 2013, a 1.4 percent increase from 2012 projected spending of $1.138 trillion, according to Gartner. Despite the ongoing economic malaise, the analyst firm sees pockets of growth in IT in Europe, mainly driven by devices and software. Big data will also change the landscape of IT – creating new jobs. “This year is a pessimistic year for IT spending in Europe,” says Peter Sondergaard, senior vice president at Gartner. “In 2012, we estimate IT spending will decline 3.6 percent in EMEA and 5.9 percent in Western Europe. However, the EMEA region will return to growth in 2013 and continue to grow through 2016 when spending will reach $1.247 trillion.” The mobile device market is currently the bright spot of the IT industry. “We are seeing tablets and smartphones significantly outpace purchases of traditional PCs,” says Sonderga...