Businesses Spending More Than Ever On Cyber Security: Study

by CXOtoday News Desk    Apr 10, 2017

cyber security

Enterprise network teams are expending more time and resources than ever before to battle security threats reveals a study by networking solutions provider, Viavi Solutions.

“Not only are they faced with a growing number of attacks, but hackers are becoming increasingly sophisticated in their methods and malware,” said Douglas Roberts, Vice President and General Manager, Enterprise & Cloud Business Unit, Viavi Solutions. “Dealing with these types of advanced, persistent security threats requires planning, resourcefulness and greater visibility throughout the network to ensure that threat intelligence information is always at hand.”

This year’s study focused on security threats, perhaps explaining why it garnered the highest response rate in State of the Network history, including 1,035 CIOs, IT directors, and network engineers around the world.

Highlights of the 2017 study include:

- Network team members’ involvement in security: 88 percent of respondents say they’re now involved in troubleshooting security-related issues. Of those, nearly 80 percent report an increase in the time they spend on such issues, with nearly three out of four spending up to 10 hours a week on them.

Evolution of security threats: When asked how the nature of security threats has changed in the past year, IT teams have identified a rise in email and browser-based malware attacks (60 percent), and an increase in threat sophistication (52 percent). Nearly one in three also report a surge in distributed denial of service (DDos) attacks.

Key sources of security insight: Syslogs were cited by nearly a third of respondents as the primary method for detecting security issues, followed by long-term packet capture and analysis (23 percent) and performance anomalies (15 percent)

Overall factors driving network team workload: Bandwidth usage in enterprises continues to surge, with two out of three respondents expecting bandwidth demand to grow by up to 50 percent in 2017. This trend is in turn driving increased adoption of emerging technologies including software-defined networks (SDN), public and private clouds and 100 Gb. Network teams are managing these major initiatives while simultaneously confronting an aggressive rise in security issues.

“A combination of new technology adoption, accelerating traffic growth and mounting security risks has spawned unprecedented challenges throughout the enterprise market,” commented Shamus McGillicuddy, Senior Analyst at Enterprise Management Associates.

The study noted that the necessity to detect and deal with security threats is notably complicated by the diverse mix of today’s enterprise traffic, which spans across virtual, public and hybrid cloud environments in addition to physical servers.