Home » Cybersecurity, record spending in Italy: over 1.5 billion euros in 2021

Cybersecurity, record spending in Italy: over 1.5 billion euros in 2021

by admin
Cybersecurity, record spending in Italy: over 1.5 billion euros in 2021

The post-normality characterized by alternate work between home and office and the constant increase in attacks has prompted many Italian companies to undertake or strengthen the path of investments in information security. Not by chance in 2021 the cybersecurity market exceeded the one and a half billion euro thresholdmarking a record increase of 13% compared to 2021. Together with Japan we are the only ones who have not registered a decrease between 2020 and 2021, but the ratio between national expenditure and gross domestic product (0.08%) is still limited.

This photograph is taken by the new edition ofOsservatorio Cybersecurity & Data Protection from the School of Management of the Politecnico di Milano. The Italian market of € 1.55 billion 52% consists of security solutions (vulnerability management, penetration testing, intrusion detection, data loss prevention, etc.) and 48% of professional and managed services. The more traditional security aspects (network and wireless security) continue to cover the largest shares (31% of the expenditure), but the most significant increases concern the security of the cloud and the so-called endpoints.

With the new ways of working, the experts explain Politecnico di Milano, device protection continues to be a crucial element and the adoption of cloud applications and platforms requires specific attention to this area. There dynamism of the market it is then confirmed on the offer side by the 13 extraordinary acquisition, aggregation and listing transactions involving 24 Italian companies providing services and solutions in the security field, for a turnover of several hundred million euros.

See also  Smart factory, Procaccio (Intel): "AI and widespread connectivity: integration is the real hi-tech superpower"

Faced with constant growth in threats (1053 serious incidents in the first half of 2021, + 15% compared to the first half of 2020, according to data Clusit), ben 31% of large Italian companies note a further increase in cyber attacks in the last year, which is in addition to that found in the first months of the emergency. A real cyber war in which the IT security has become the top investment priority in the various digital fields in Italy, not only in large companies, but also in small businesses. Organizations primarily aim to raise employee awareness of cyber threats.

“The prolongation of the health emergency has generated a consolidation of awareness on the importance of cybersecurity, not only in larger organizations, but also in less structured realities – he says Gabriele Faggioli, scientific director of the Cybersecurity & Data Protection Observatory – The market has started running again, the diffusion of Ciso in companies, more and more companies have adopted technologies and revised processes to increase security in the face of growing threats. The thrust of the Pnrrlymph for investments in security and a point of reference for organizations with the birth of the new one National Cybersecurity Agency”.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy