Australian security technology spend outpacing rest of world: Gartner

Australian organisations are snapping up security technology and services much faster than their peers around the world, according to new figures from Gartner.

On the back of its The Future of Global Information Security – a global study into present and future security-solution buying patterns – Gartner reported projections that the Australian market will be worth $1.7 billion this year, up 12.2% from the $1.5 billion recorded in 2012.

That’s well ahead of the $US67.2 billion ($A70.94 billion) global market this year, a projection that represents an 8.7% increase over last year.

Investment in new security tools is being driven by increased concern around bring your own device (BYOD) strategies, which are raising security concerns at the CSO level and up. Noting the dramatic shift from device security to application and data-focused security, Gartner analysts suggested security vendors have strong opportunities to win new business with tools that help manage a plethora of devices across network environments.

An increased focus on security analytics will drive a correlated investment in big-data analysis over the next five years, the firm added, with such tools essential to keeping up with the endless flood of monitoring and alert information. Such analysis becomes particularly important when mounting responses to advanced persistent threats (APTs) whose detection relies on correlation of behaviours over long periods of time.

“To support the growing need for security analytics, changes in information security people, technologies, integration methods and processes will be required,” Gartner research director Eric Ahlm said in a statement. “This includes “security data warehousing and analytics capabilities, and an emerging role for security data analysts within leading-edge enterprise information security organisations.”

There has been no shortage of companies willing to provide the tools and services to support this goal: recognising the opportunities in the local market, recent months have seen Australian customers spoilt for choice as vendors including Dell SecureWorks and others move into the market or expand their security offerings.

Capitalising upon these changes, however, requires a broader effort than just tools; a broader security profile within the organisation, including involvement with the senior executive, will be critical to support the increasing expenditure on security and analysis tools.

"Mitigating the threat from ATAs requires a defense-in-depth strategy across multiple security controls," said Gartner research director Lawrence Pingree, also in a statement.

"Enterprises should employ a defense-in-depth, layered approach model. Organisations must continue to set the security bar higher, reaching beyond many of the existing security and compliance mandates in order to either prevent or detect these newly emergent attacks and persistent penetration strategies.”

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