Security spending to rise faster than average

Powered by SC Magazine
 

Software and services to rise by four percent.

Security software and services spending will rise four per cent in 2010, outpacing all other areas of infrastructure software, according to a survey by analyst Gartner.

Specific areas of projected security-related software spending growth in 2010 include security information and event management, email security, URL filtering, and user provisioning.

Adam Hils, principal research analyst at Gartner, said: “In the current highly uncertain economic environment, with overall IT budgets shrinking, even the modest spending increases indicated by the survey show that security spending accounts for a higher percentage of the IT budget."

And security services budgets are projected to grow almost three per cent, significantly outperforming other service areas.

This anticipated increase is being driven in part by a growing movement towards managed security services, cloud-based email/web security solutions, and third-party compliance-related consulting and vulnerability audits and scans.

Ruggero Contu, principal research analyst at Gartner, said: "Businesses should recognise that new threats or vulnerabilities may require security spending that exceeds the amounts allocated, and should consider setting aside up to 15 per cent of the IT security budget to address the potential risks and impact of such unforeseen issues.”

Gartner surveyed more than 1,000 IT professionals.

itweek.co.uk @ 2010 Incisive Media


Security spending to rise faster than average
 
 
 
Top Stories
Meet FABACUS, Westpac's first computer
GE225 operators celebrate gold anniversary.
 
NSW Govt gets ready to throw out the floppy disks
[Opinion] Dominic Perrottet says its time for government to catch up.
 
iiNet facing new copyright battle with Hollywood
Fighting to protect customer details.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
In which area is your IT shop hiring the most staff?




   |   View results
IT security and risk
  26%
 
Sourcing and strategy
  12%
 
IT infrastructure (servers, storage, networking)
  22%
 
End user computing (desktops, mobiles, apps)
  15%
 
Software development
  26%
TOTAL VOTES: 334

Vote
Would your InfoSec team be prepared to share threat data with the Australian Government?

   |   View results
Yes
  57%
 
No
  43%
TOTAL VOTES: 139

Vote