June 21, 2012
Between 2011 and 2016, security spending by SMBs is anticipated to rise 10 percent, according to a study by strategy firm AMI Partners. One of the major causes of that increase looks to be cloud security, as it rises to nearly a quarter of all spending.
Spending on cloud computing security was put at $3.3 billion for 2011, accounting for 16.8 percent of all security spending. By 2016, that percentage will jump eight points, to 23.8 percent, which AMI estimates will be valued at $7.7 billion a year in the future market.
Mobile security concerns remain
The increased spending is not necessarily tied to rising concerns, according to the study. Instead, more money will be committed to stabilizing current issues of data security in the cloud surrounding the movement to mobility that currently floods SMBs.
AMI points to employee use of both company-sanctioned and personal devices as a major concern for many organizations. Controlling data access and sharing on these devices is constantly pushing companies to innovate their security procedures. According to the study, the cloud model makes it easier to keep the infrastructure "state of the art" in the face of a fluid security landscape.
"Security is a complex issue with rapidly changing permutations," said the report's author, Hugh Gibbs. "Widespread lack of technical resources and expertise is leading to an increasing desire to outsource the problem amongst [SMBs]. This is presenting major opportunities for managed service solutions - particularly for skilled, local channel partners and managed security service providers."
While outsourcing security operations is a popular tactic for some SMBs, industry experts worry that keeping the security requirements inside the company makes companies too much like providers. Plenty of steps can be taken to ensure security of a provider, according to ZD Net, but one expert believes that taking such steps has made many enterprises unable see the forest for the trees.
"Should a company do all these [security steps], it's acting like a service provider," the vice president of strategy and marketing for a Tata Communications, Amit Sinha Roy, told ZD Net Asia. "It won't have time to focus on its core business."
Instead, Roy believes that companies should rely on the provider security measures, which have given companies so many headaches in recent years, and instead focus on the big picture of moving their business forward with the cloud.
-McAfee Cloud Security