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IT Security Spending Set To Rise
Mike Sachoff
Staff Writer
2010-01-27
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Approximately 40 percent of businesses will significantly increase their spending on new IT security technologies in 2010, according to a new report by Forrester Research.
 | | IT Security Spending Set To Rise |  |
Forty-two percent of enterprises are set to Increase IT security spending on new technologies by 5 percent of more this year, and 37 percent of small and medium-size businesses (SMBs) plan to do the same.
"As we move out of the recession, we expect to see security investments continue to grow, although the nature of that investment is changing," said Forrester Analyst and Vice President, Jonathan Penn.
While data security is annually the largest budget item for IT organizations, the largest spending increases are in the area of network security, where 40 percent of enterprises and 36 percent of SMBs plan to spend more in 2010.
The new technology trend that concerns IT security professionals is not cloud computing or data virtualization; it's the consumerization of IT- the increase of consumer devices in the workplace. Nearly half of all enterprises (46%) noted their concerns about smartphones, while 38 percent of enterprises were concerned about Web 2.0 technologies. More than 80 percent of businesses - large and small - identified managing vulnerabilities and complex threats as a high priority in the coming year.
"In general, this follows the broader trend of IT losing centralized control of technology adoption, deployment, and use," writes Penn in a blog post.
"It's not just consumer technology like iPods and the use of Facebook or Twitter; it also shows up in the uncontrolled proliferation of SharePoint sites by business groups or in the use of cloud computing services by application developers."
View All Articles by Mike Sachoff
About the Author:
Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.
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