Security is now top IT concern

Tuesday, 27 July 2004, 9:39 AM EST

Security has overtaken cost cutting as the top concern of IT managers with more than 75 percent of those polled in a new IDC study rating security as a very or extremely significant challenge.

According to IDC, the heightened level of security as a top concern has also had a corollary effect on IT security spending.

"Our latest survey findings indicate that IT spending on security and business continuity has increased at 59 percent of organizations in the last 12 months," said IDC's Lucie Draper in a statement. "We believe that despite the economic environment, and in some cases because of the geopolitical environment, the prospects for vendors of security technologies are good."

By Sean Michael Kerner at internet.com

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