The IT security spending conundrum
The market is growing, revenues are up, spending has not increased. Er, what's up?
Recent reports from across the pond suggest that 9/11 did not generate the spending surge that many analysts and vendors predicted, and it's all because organisations have lapsed back to the bad habits they practiced pre-9/11.
The problem with statistics is familiar to all of us. The IT security market is a broad church. To the extent that you might even say DR and BCP are a separate industry to security of information systems.
9/11 was all about business continuity and recovery. In this respect most of the organisations whose spending might have had a material impact on market growth in the DR and BCP space did not have to spend any more. This is because they more or les, have everything they need already in place. Not that they can't do it better.
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