Efficient and Secure Enterprises Will Safely Reduce the Share of Security in their IT Budgets by 3 to 6 Percent of Overall IT Budgets Through 2011

While security risks are not going away for companies, efficient and secure enterprises will actually safely reduce the share of security spending by 3 to 6 percent of their overall IT budgets through 2011, according to Gartner, Inc. Organizations with very mature and recently updated security programs will be able to show even greater efficiencies.

While security spending tied to "keeping the bad guys out" was not heavily affected by the economy and will remain on pace for 2010, a significant number of IT security organizations had to scale back on large, capital-intensive projects in 2009. In 2010, however, security spending that is more tightly tied to new business initiatives, such as complex identity and access management (IAM) and data loss prevention (DLP) projects, is beginning to reappear.

IAM is the top security priority for 20 percent of organizations surveyed in Gartner's 2010 CIO Survey, making it the clear leader among the most-important projects. More than 40 percent of organizations named intrusion prevention systems, patch management, DLP, antivirus and identity management among the top five security priorities for 2010.

In addition, spending is set to continue for such priorities as supporting guest networking and employee teleworking, securing wireless LANs, meeting Payment Card Industry standards, consolidating audit trails, security information and event management, and penetration testing requirements. Gartner is also continuing to see strong spending on intrusion prevention.

North American companies led security spending in 2009, averaging 5.5 percent of IT budgets. This compares with 5 percent in Asia/Pacific, 4.8 percent in Latin America and 4.3 percent in Europe, the Middle East and Africa. Security spending also varied significantly from industry to industry and was typically higher for industries that are high-visibility or in regulated environments or require higher levels of risk mitigation, such as professional services (6.8 percent), government (5.9 percent), and banking and financial services (5.3 percent) because of requirements for the protection of lives, financial assets and intellectual property.

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