India's info security, risk mgmt spending to grow 9.5% in 2021: Gartner

Gartner analysts spoke about how security and risk management leaders (CISOs) can advance their IT cybersecurity and risk strategy at the Gartner Security and Risk Management Summit India taking place

Enterprise information security and risk management end user spending in India is expected to reach $2.08 billion in 2021, an increase of 9.5 per cent from 2020, while whole cloud security is likely to see growth of over 250 per cent, according to the latest forecast from research firm Gartner.

“The overnight move to remote working in reaction to the pandemic exposed organisations’ vulnerabilities,” said Prateek Bhajanka, senior principal research analyst at Gartner. “While security leaders had to cut down on their security spending in 2020 because of IT budget cuts, in 2021, this trend is reversing. A secure digital