Industry evolution

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Industry evolution

There is no denying the IT security market is alive and well. Depending on who you ask, between 400 and 1,500 security companies are in business worldwide, offering solutions ranging from anti-virus software to network access control appliances to consulting services. This, of course, should come as no surprise — especially when one considers enterprises are spending more money than ever before to meet compliance requirements and to defend against sophisticated and targeted attacks that could lead to embarrassing, costly breaches.

But much like any burgeoning industry, the structure of the IT security market faces an uncertain future. Just what will the landscape look like in two, five, 10 years? Experts agree that the security space is here to stay — after all, hackers are quitting their day jobs — but opinions are ...

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