IT security spend to increase

(01/08/2007)

A recent IDC survey showed that 56% of organizations expected their IT budget to increase over the next 12 months with 83% expecting their security spend to increase. Organizations surveyed had an average annual IT expenditure of £15.4 million. The same survey showed that currently security spend accounts for 6% of IT budgets and this is set to grow to 11% within the next 12 months.

The Western European security software market grew by 19.1% in 2006, compared to 2005, and will continue to grow from 2006 to 2011 with a CAGR of 11.4%. "Growth is still important in this area because the need for security grows with the need for IT. Regulation compliance, IT weakness, complexity, and attacker agility are the main drivers of investment," said Eric Domage, IDC's Western European Security Software research manager.

With this in mind, IDC has announce that the annual IT Security Conference will be taking place in London on September 25, 2007. IT security touches every part of the organization and with so many solutions coming to market there is great need for IT professionals to be kept informed of the latest security advancements.

IDC's annual IT Security Conference will provide insight into defining the risks at play and will offer practical advice on developing a holistic, effective security program that will become a core part of the organizational culture and business routine.

Featuring insight from leading IDC analysts, enterprise security practitioners and subject matter experts, the agenda addresses chief security concerns for 2007 and beyond, including:
· Identity Management - The Cornerstone of a Total Integrated Security Architecture
· Using Security as a Service to Benefit IT Strategy
· Implementing Dashboard Technology to Proactively Manage Service Levels
· Developing a Secure Mobility Strategy
· Protecting the Organization from Malicious Attack
· Automating Information Management to Enable Compliance and Governance
· Tackling Insider Threat Management to Facilitate Comprehensive Endpoint Security

Related topics:  Application and software security   Computer and PC Security   Data management and data security   Security management and policies 

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