What We Learned About Cybersecurity In 2016

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Security Is A Major Opportunity For Solution Providers

At the beginning of the year, some analysts and big-name vendors predicted a security slowdown in 2016, but all indications are pointing to a year that has been bigger than ever when it comes to interest in security and security spending. Solution providers of all sizes said security spending remained one of the top customer priorities for the year. According to a recent report by Cybersecurity Ventures, worldwide spending on security products and services will hit $1 trillion during the five-year period between 2017 and 2021, a market that founder Steve Morgan said presents a significant opportunity for solution providers. Throughout the year, partners were looking to grab hold of this opportunity, adding security offerings, managed security services practices or even launching full new security-focused businesses. This opportunity for partners will likely only continue to grow as security remains top of mind for customers in 2017 and beyond.