Gartner slashes cybersecurity growth forecast for 2020

Gartner has warned that the wider security market will endure slower growth this year, except for cloud security which will see spending skyrocket by 33 per cent. Information security spending is set to grow 2.4 per cent to hit $123.8bn in 2020, down from the 8.7 per cent growth Gartner projected in its December 2019 forecast update. But while some sub-segments - notably firewalls and network security devices - are expected to endure spending declines this year, the mass shift to remote working...