Threat intelligence spending to reach $1.4bn in 2018

'Consistent bombardment' of unknown, targeted and adaptive cyber-threats driving growth

Tags: IDC Middle East and Africa
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Threat intelligence spending to reach $1.4bn in 2018 Consulting services made up roughly 22% of 2013 TISS revenue
By  Tom Paye Published  May 29, 2014

According to the latest insights from IDC, worldwide spending on threat intelligence security services (TISS) will increase from $905.5m in 2014 to over $1.4bn in 2018.

IDC said that a "consistent bombardment" of unknown, targeted and adaptive cyber-threats are "wreaking havoc" in the enterprise, driving the expansion of TISS. IDC defined TISS as services that are designed to detect advanced persistent threats (APTs), advanced malware and previously unidentified attacks.

The TISS market is made up of several distinct facets, IDC said, including data feeds and publications, consulting security services and managed security services.

The research house said that TISS consulting services made up roughly 22% of 2013 TISS revenue.

"Threat intelligence is essentially a community activity," said Chrstina Richmond, programme director for security services at IDC.

"Attack information can come from many different sources, and iterative intelligence organises this chaotic process of information sharing in order to help organisations in making future decisions."

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