By Jason Macy | Date posted: December 20, 2017
2017 was a devastating year in security: Equifax, Verizon, WannaCry – enough said. Even more so, the Instagram vulnerability, OneLogin breach, Circle with Disney web filter flaws, Oracle’s Identity Manager vulnerability and Wishbone hack hit close to home, reinforcing what we’ve been preaching ad nauseam: that IAM tools and APIs remain at risk.
The good news, though, is that C-suite executives are continuing to ramp up their investments in security technologies, practices, and education. According to CEB (now part of Gartner), 2017 was the seventh continuous year of budget increases for security; and looking ahead to 2018, Gartner predicts that information security spending will continue to grow, reaching a total of $93 billion.