Businesses need technology, but not many need to own it. That’s the beauty of the Infrastructure-as-a-Service (IaaS) model — it enables companies to access the robust technologies they need without taking on any of the capital costs, maintenance expenses or obsolescence risks that are part and parcel of in-house IT infrastructure.
Global spending on IT security and services will exceed $200 billion this year, with the average organization now devoting more than 20 percent of its IT budget to cybersecurity. However, in their efforts to guard against sophisticated, new threats, too many organizations are neglecting to shore up old, existing vulnerabilities.