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The business of security vs. the security of business

Posted By Paul Muller, Tuesday, May 21, 2013

I've noticed that the nature of my CxO conversations have changed when it comes to security, and it has a lot to do the size of the security market, but not for the reasons you might expect.

Depending on who you listen to, the security market is big and getting bigger. Back in 2011 analyst firm Canalysys forecasted the 2012 IT/cyber security market would reach $22B in size, which to be fair, is massive.But it's also missing the point, that $20+ billion is what we spend securing our IT systems, not the size of the security market which according to a 2012 study by HP and Ponenmon was between $1.3M and $56M for each enterprise and rising fast.

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