IT security tough talk short on cash

Tuesday, 27 August 2002, 9:59 AM EST

Australia's IT industry is talking tough about security but it's certainly not translating into dollars with medium to large companies averaging a measly spend of A$33,000 (US$18,000) per annum.

Even more alarming is that up to forty percent of businesses have no formal written IT policy and a further 34 percent spend less than A$10,000 a year on IT systems security.

According to a survey by consulting firm CSC of 80 medium to large businesses in Australia, organizations "baulk at the initial outlay" required to invest in security despite greater awareness and concern about the impact of a serious security breach.

[ Read more ]




Spotlight

Infographic: 25 years of the firewall

Posted on 24 July 2014.  |  The firewall turned 25, and McAfee is celebrating with an infographic that creatively depicts its lifetime. If you take a moment to scan the infographic, you’ll notice the firewall's introduction and evolution coincide with certain security events.


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

Fri, Jul 25th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //