Cyber security attacks directed against enterprises have increased both in numbers and sophistication over the past decade, to a point where breach and data theft have become inevitable, says research firm ABI. This has led to the demand for solutions and services aimed at enterprise-wide data loss, protection and prevention, the firm says.

In its report, “Cybersecurity Technologies Market Research,” the firm estimates that the market for data loss prevention products will reach $1.7 billion by the end of 2014. An effective data protection strategy requires systems that protect data across databases, applications, networks and endpoint devices, and DLP products are designed to do that.

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