Worldwide spending on information security will reach $71.1 billion in 2014, an increase of 7.9 percent over 2013, with the data loss prevention segment recording the fastest growth at 18.9 percent, according to the latest forecast from Gartner, Inc.
IBM has acquired the business operations of Lighthouse Security Group, a cloud security services provider.
At Black Hat USA 2014, ForeScout Technologies, provider of pervasive network security solutions for Global 2000 enterprises and government organizations, and ThreatStream, a cyber intelligence company that enables the disruption of cyberattacks in real time, announced a partnership and plans to enable the ThreatStream OPTIC platform to interoperate with ForeScoutís CounterACT platform.
At Black Hat, CrowdStrike announced the launch of the CrowdStrike Intelligence Exchange Program (CSIX).
Businesses are deprioritizing information security and decreasing their investment in the destruction of confidential information, according to Shred-it.