A survey of the intrusion detection and prevention (IDS/IPS) sector revealed that security spending is remaining strong with 37% of enterprise security managers planning to increase their budget in the next three months.
451 Research’s new Voice of the Enterprise: Information Security quarterly study found that just 4% of enterprises are decreasing security investments.
Even though security budgets are stable or increasing for almost all organisations, 34.5% of security managers said lack of staff expertise is creating hurdles in undertaking desired security projects.
Inadequate staffing was the main obstacle for 26.4% of respondents.
52% of respondents noted hackers with malicious intent as their top security concern in the last 90 days, followed by navigating compliance requirements with 38%.
According to the study, 26% of security managers noted that compliance requirements play an important role in securing approval for the projects. 26.5% of respondents cited risk assessment as the main factor.
In terms of vendors and market share, more than a quarter of the enterprises in the survey named Cisco as their primary platform provider for IDS/IPS.
Content from our partners
In the 451 Research Vendor Window study, enterprises rated Palo Alto Networks highest for technical innovation, brand/reputation and intrusion detection capabilities.
Meanwhile, Cisco FirePower/SourcePower and Dell Secure Works tied for the second highest rated vendors based on evaluations from 353 existing customers.
AirWatch by VMware and Mobile Iron lead adoption for security capabilities in the Enterprise Mobility Management (EMM) market with 28% of those surveyed citing it as the most important vendor.
451 Research research director for information security Daniel Kennedy said: "As the understanding of the prevalence of advanced attackers increases, security managers have continued a move from reliance on preventative controls to an increased focus on security monitoring and incident response.
"Intrusion detection and/or prevention systems are one of the most established and ubiquitous security monitoring tools in place at large enterprises, and perhaps one of the most underutilized. Only 44.4% of enterprises have around-the-clock active monitoring in place."
