IT security spending disappoints

Wednesday, 17 July 2002, 12:11 AM EST

The reports come as high-tech companies in the middle of a painful contraction eagerly seek out security-related work, particularly if it involves government contracts.

But the IT security market is in for at least another year of doldrums before sales start to pick up, according to a new report by New York-based Vista Research. According to Vista, the information security market will not see significant signs of a revival until 2004, when corporate IT departments upgrade their security systems.

In addition, a panel recently convened by Thomas Weisel Partners concluded that government expenditures on the cybersecurity front have been more sporadic and less generous than expected but predicted that those funds will eventually loosen up.

[ Read more ]




Spotlight

Staples customers likely the latest victims of credit card breach

Posted on 21 October 2014.  |  Multiple banks say they have identified a pattern of credit and debit card fraud suggesting that several Staples Inc. office supply locations in the Northeastern United States are currently dealing with a data breach.


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, Oct 22nd
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //