Businesses Spend 20% of IT Budgets on Security

Stony Stevenson writes "Security accounted for 20 percent of technology spending last year and it's expected to rise, according to a report released Tuesday. The Computing Technology Industry Association (CompTIA) surveyed 1,070 organisations and found that on average, they spent one-fifth of their technology budgets on security-related spending in 2006. That's up from the 15 percent of IT budgets spent on security in 2005, and the 12 percent spent in 2004."

Comments

that's how we roll around here

[User 956]

Security accounted for 20 percent of technology spending last year and it's expected to rise, according to a report released Tuesday ... That's up from the 15 percent of IT budgets spent on security in 2005, and the 12 percent spent in 2004.

That makes sense. I mean, nerf weapons count as a security expense, right?

Re:I call bull

[teh moges]

I'm not sure about you, but we (Windows mostly) use email filtering, web content filtering, anti virus and firewalls. Then you have the personal costs of running, maintaining and administering these products (such as releasing false positive emails, updating anti virus). Then I suppose you can count the fact we have a server for WSUS as an ongoing cost. We have very little in the way of wireless networks, but if we did, they would be another cost (more administration then anything).

When I think about it, it probably isn't 20% of the total expenses, but it would have to be close.

Re:pebkac security patch

[UncleTogie]

I wonder how much of that spending went to training their employees that "password", "letmein" and lastly "123" are *NOT* the best passwords.

Just happened today: The uber-friendly shopkeeper next door asked me to help him void a transaction. When the password prompt came up, he looked at me and simply said, "1-2-3-4-5."

I couldn't resist. I looked back at him and said, "That's funny. I've got the same combination on my luggage..."