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.

[ Read more ]




Spotlight

Russian APT group actively exploiting Flash, Windows 0-day flaws

APT28 has been spotted wielding two zero-day exploits in the latest targeted attack aimed at an "international government entity in an industry vertical that aligns with known APT28 targeting."


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

Tue, Apr 21st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //