Businesses to Boost IT Security Budgets

Businesses to Boost IT Security Budgets

Security software and services firms are slated to increase their IT budgets over the next year to address the growing amount of security related expenditures. Research firm Gartner said investment in security software is estimated to boost by four percent, while IT security spending will increase by 2.74 percent. 
 

"When evaluating and planning 2010 security budgets, organisations should work to achieve a realistic view of current spending, and recognise that it may be impossible to capture all security related spending because of organisationally diffused security budgets," an analyst from Gartner said. 

 

Gartner further recommended that companies need to adjust their IT security budgets by 15 percent to "address the potential risks and impact of such unforeseen issues". 

 

The researcher also pointed some aspects in security software that need to be focused which includes security information and event management, email security, URL filtering and user provisioning.