eSecurityPlanet: 69 Percent of Companies’ Security Solutions Are Outdated, Inadequate

eSecurityPlanet covers the global Citrix Ponemon Institute study reporting that 70 percent of respondents have invested in IT security technology that wasn't successfully deployed. On top of that, 98 percent of respondents plan to spend more than a million dollars on IT security in 2017.

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The report conducted by the Ponemon Institute and sponsored by Citrix, "The Need for a New IT Security Architecture: Global Study", looked at global trends in IT security risks and reasons why security practices and policies need to evolve in order to handle threats from disruptive technologies, cybercrime and compliance mandates. The research features insights from more than 4,200 IT and IT security practitioners in Australia/New Zealand, Brazil, Canada, China, Germany, France, India, Japan, Korea, Mexico, Netherlands, United Arab Emirates, United Kingdom and the United States.