Big companies and
government agencies likely will have to rethink their approach to tech security
in the wake of the disbanding of hacktivist group LulzSec, security analysts
say.
Spending on
information technology security already is growing faster than spending on
general technology. And corporate and government tech buyers will have to dole
out even more to defend against profit-minded cyberthieves and spies looking to
swipe state and corporate secrets.
In fact, global
spending on security products and services is expected to reach $71 billion by
2014, up from $55 billion today, according to Lawrence Pingree, research
director for Gartner.
The recent hacking
escapades of LulzSec underscore how hacktivists, motivated by the desire to
express an ideology, have shaped a new kind of threat that's gaining steam.
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