Security consumes IT budgets

13:17 9th September 2008

IT security budgets are consuming ten per cent of operating budgets amidst rising concerns over data breaches, according to a new research.

The study conducted by Forrester Research revealed that the proportion of IT budgets devoted to security in 2008 rose two per cent from eight per cent last year.

The survey of 1,255 security decision makers also disclosed that 21 per cent of those questioned expect to increase spending in 2009, compared with just six per cent who predict a decrease.

"We've all been frustrated in making the case for information security, getting [the business executives] to buy in. But I think times have changed," said the analyst Khalid Kark, during Forrester's Security Forum in Boston.

In August, a poll conducted by Infosecurity Europe found that preventing data leakage was the top business challenge facing IT professionals.

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