Security now five per cent of IT budget

Wednesday, 4 June 2003, 2:24 PM EST

Spending on security during 2003 will exceed five per cent of companies' IT budgets for the first time, according to analysts.

Gartner said that the increase means that security budgets will have grown at a compound annual rate of 28 per cent since 2001, compared with just six per cent for IT budgets as a whole over the same period.

"The focus on critical infrastructure protection means that the government, utilities, transportation and energy sectors will be forced to spend more on security," said John Pescatore, vice president and research fellow at Gartner.

"In addition, increased enforcement of copyright laws and liability concerns will force universities to increase security spending. These vertical industries will be the most attractive targets for security vendors."

[ Read more ]




Spotlight

USBdriveby: Compromising computers with a $20 microcontroller

Posted on 19 December 2014.  |  Security researcher Samy Kamkar has devised a fast and easy way to compromise an unlocked computer and open a backdoor on it: a simple and cheap ($20) pre-programmed Teensy microcontroller.


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, Dec 19th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //