Endpoint and Mobile Top Security Spending at 57% of Businesses

Businesses say data-at-rest security tools are most effective at preventing breaches, but spend most of their budgets securing endpoint and mobile devices.

There is a disconnect between businesses ideal security practices and their actual strategies. Some 77% of companies cite data-at-rest security tools as the most effective for preventing breaches but fall toward the bottom (40%) of security spending priorities, new data shows.
In its 2018 Data Threat Report, Thales teamed up with 451 Research to poll 1,200 senior security execs around the world. They discovered 94% of respondents use sensitive data in the cloud, big data, IoT, container, blockchain, and/or mobile environments. Forty-four percent say they feel very or extremely vulnerable to data security threats.
For 57% of businesses, the bulk of security budgets goes toward endpoint and mobile security technologies, followed by analysis and correlation tools (50%). The disconnect extends to encryption, which many cite as important but dont allocate spending toward encryption tech.
Forty-two percent of respondents use more than 50 SaaS applications, 57% use three or more IaaS vendors, and 53% use three or more PaaS environments. Nearly half (44%) cite encryption as the top tool for increased cloud usage; 35% say its a necessary part of big data adoption. Encryption is also cited as the top tool for securing IoT (48%) and container (41%) deployments.
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Endpoint and Mobile Top Security Spending at 57% of Businesses