Security spend may remain unaffected

Thursday, 15 August 2002, 12:28 AM EST

With the continued downturn in the IT sector - and in the overall economy - IT managers are expected to remain cautious when it comes to IT spending, although spending on security may remain a lot more buoyant.

So said Maeson Maherry, general manager of NamITrust, the ESSP (Enterprise Security Service Provider) division within NamITech Ltd, the IT arm of the JSE Securities Exchange listed Nampak group.

"Because of the growing need for security in the digital economy spending cutbacks will not be as severe here. In fact, spending on security may increase, but companies are going to be far stricter when it comes to cost justifying their outlay on securing their networks and information. IT spending on security, however, should rather be measured in terms of the reduced risk it brings rather than how much it costs," said Maherry.

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