Security spending to peak within three years

Thursday, 17 June 2004, 11:40 AM EST

Average IT security investment will peak at between eight and 12 per cent of corporate technology budgets in Europe by 2007, new research has claimed.

According to analyst Meta, spending will continue to increase steadily from current levels of around four per cent of overall IT budgets.

But the firm said that European businesses are not matching the US on spending, which it attributes to less attention regarding compliance issues and cyber-crime.

By Robert Jaques at vnunet.

[ Read more ]




Spotlight

101,000 US taxpayers affected by automated attack on IRS app

The IRS has revealed more details about an attack it suffered last month, mounted by unknown individuals with the aim to file fraudulent tax returns and funnel the returned money to their own bank accounts.


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

Wed, Feb 10th
    COPYRIGHT 1998-2016 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //