17 Oct 2007
A survey of 2,800 IT managers has shown that most are planning further increases in security budgets for next year.
Around 70 per cent of those questioned are planning to increase security spending in 2008.
A quarter of these plan to spend between seven and 10 per cent of their total budget on security, and 13 per cent plan to spend more than 15 per cent.
"The biggest challenge over the next five years is the ability to find vulnerabilities in systems and prevent unauthorised network access," said Arne Klein, vice president of marketing at security hardware vendor Astaro, and author of the report.
"The overall rise in IT spending on security will continue unabated, with managed security services gaining ground in almost every application."
The biggest concerns highlighted in the survey were vulnerability assessment, leakage of confidential data and protecting web applications from worms or hacker attacks via SQL/command injection.
The survey data indicated that UK companies are lagging behind their counterparts in the US, where security is predicted to take up 20 per cent of budgets.
It also backed up other research showing that UK businesses are not taking some security areas seriously, particularly wireless security.
Latest stories from Management
Related articles
Related jobs
Poll
What is the most important IT priority for your company this year?
Hands on with the highly anticipated Android 4.0 Ice Cream Sandwich hybrid tablet
Connect with V3.co.uk
This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes
Why good data management at all levels is essential in the modern business (video, 6mins)
(Roc Search - Network Support Engineer, 2nd line, 3rd...
3rd Line Engineer / Infrastructure Engineer - Berkshire...
MySQL SQL SERVER DBA / Database Administrator - Online...
PMO Analyst - Banking Client A financial organisation...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?