IT security spending defies recession

Monday, 23 September 2002, 1:51 PM EST

Security spending is buoyant despite the overall downturn, according to analyst house IDC.

At its business security conference in London the company published preliminary results of a survey that showed IT security spending to be currently worth $6bn (£3.9bn), and set to double over the next five years.

"We were surprised that in a software market where single-digit growth is the norm security software spending is up 18 per cent," said Christian Christiansen, program vice president of IDC Security Software.

"If you don't have security there is little chance of successfully building an online business," he added.

[ Read more ]




Spotlight

Operation Pawn Storm: Varied targets and attack vectors, next-level spear-phishing tactics

Posted on 23 October 2014.  |  Targets of the spear phishing emails included staff at the Ministry of Defense in France, in the Vatican Embassy in Iraq, military officials from a number of countries, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Oct 24th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //