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Security Spending Set for Recovery

23 November 2009 – With everyone seeking information on a possible recovery of IT spending, now is a good time to take a moment to review where the enterprise community is prioritizing its spending for 2010. With nearly three-quarters of the interviews complete, we can say with confidence that information security spending will likely recover in 2010. Nearly four in ten (37%) of enterprises interviewed will increase their information security spending next year, while less than one in five (19%) will experience declining spending. Around 25% of respondents indicated modest 1% to 10% growth in security spending next year, and almost half (44%) are indicating stable spending in 2010. These early returns compare favorably to the last group of interviews, completed in Q2 2009, in which 38% of respondents cited lower spending for 2009.

While we have yet to complete the full study’s sample of interviews, the results outlined above are significant as an indicator of increasing budgetary support for stronger information security initiatives in 2010.

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