Monday, January 12, 2009

IT Security Spending Will Increase to Match Cybercrime Threat in 2009

Finjan Inc., a provider of secure web gateway solutions for the enterprise market, announced the findings of its IT security survey. The results reveal that the total IT budgets for 2009 tend to be reduced compared to 2008. However, the IT security budget outlook was more optimistic since organizations intend to dedicate a larger part of their total IT budgets to IT security. Key findings from the survey:

- 38% of all respondents stated that they do not expect a change in their 2009 IT budgets, while 34% indicated that they expect them to be Slightly smaller - reflecting the general declining trend in corporate budgets.

- 34% of the respondents indicated that their IT security budgets for2009 will increase, indicating a general trend that organizations will allocate a larger part of their overall IT budget to IT security. 43% of all respondents expect their IT security budget for 2009 to remain the same.

- The survey also found that the upward trend in IT security budgetallocation was more pronounced in the financial and governmental sectors than in others.

More information on the IT industry can be found at www.supportindustry.com

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