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Amid Lean IT Budgets, Fear Keeps Security Spending Healthy
By Brian Prince

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A survey from Finjan says 25 percent of security pros admit their organizations have experienced a security breach, and many others aren't sure. With many security pros expecting their budgets to go up in 2009, data protection and other security technologies remain key spending items for businesses.

Businesses are afraid of cyber-crime, and rightly so, as a survey of nearly 1,400 IT security professionals by Finjan found 25 percent admitted experiencing a security breach at their company.

Another 42 percent could not rule out the possibility that their data had been breached. The statistics, contained in Finjan's "Web Security Survey 2008" report, come on the heels of a survey by Forrester Research that found about 96 percent of IT security pros expect their budgets to either increase or stay the same in the coming year.

Taken in combination, the two studies underscore the attitudes behind the growing emphasis on IT security among businesses. In the Forrester study, which features responses from more than 1,200 North American security decision makers, 21 percent of respondents said they expect their IT security budgets to increase in 2009. Nearly 75 percent expected the budget to remain the same, while the remainder predicted cuts.

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Alex Jablenski, IT security team leader for Philips Healthcare, said his company's Philips Lifeline division will see its security budget jump 33 percent in 2009. 

Read the rest of this article on eWEEK.com






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