The Booming Information Security Industry

The information security industry is expected to exhibit tremendous growth in 2021. The key drivers of this growth are increased spending on cybersecurity services and the rising demand for cloud security. According to Gartner, the 2021 information security and risk management spending is anticipated to grow almost 2X from the previous year.

The need for information security is on the rise as organizations continue to suffer from expensive and time-consuming security threats, data breaches, and other cyberattacks. Information security empowers your systems to operate without disruption and mitigates digital information risks.

Information security also plays a vital role in maintaining the confidentiality and integrity of your organization’s sensitive data. Meaning, it can protect your sensitive business data from destruction, disruption, and unauthorized modification or inspection.

Not all organizations require the same level of information security. You can choose or customize information security services based on your specific business and data protection needs. Some of the popular types of information security services are:

Cloud security: It helps securely use third-party cloud applications and involves building and hosting secure applications in cloud environments.

Application security: It helps overcome software vulnerabilities in APIs and mobile and web applications. It is a critical element of perimeter defense for information security.

Incident response: It detects, contains, and eliminates data breaches or cyberattacks. Moreover, it prevents similar breaches or attacks in the future, minimizes collateral damage, and reduces recovery costs and time.

Infrastructure security: It focuses on protecting mobile devices, desktops, servers, data centers, labs, and external and internal networks.

Cryptography and encryption: To validate data authenticity, digital signatures are frequently used in cryptography. Organizations also encrypt data at rest and data in transit to maintain data integrity and confidentiality.

Learn more about the growth of the information security industry through the following infographic.