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IT Security Spending: What IT Executives Are Planning

By Ericka Chickowski on 2011-07-06



Security remains a top priority among IT organizations, but just how many IT executives are planning security budget increases in the months ahead? A new survey out by Kaspersky Lab asked 1300 IT pros about their attitudes with regard to IT risks and security spending. Here's a look at the good news and the bad news for IT solution providers, security specialists and vendors for the year ahead. Are you ready for the opportunity?

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41 percent of IT staffers said that security was their number one priority, making it the most cited top priority above concerns such as ensuring ROI of all investments and managing change within IT infrastructure.

48 percent of organizations reported an increase in the number of security events that struck them within the last 12 months.

91 percent of companies have experienced at least one IT security event from an external source in the last year.

Only 70 percent of companies have implemented anti-malware protection fully across the business.

3 percent have no protection at all.

The average IT security investment for small businesses stands at $8,000 per year.

Medium-size companies spend about $84,000 annually.

Large corporations spend about $3.35 million per year.

Across all sizes, organizations generally expect that they'll need 25 percent more to reach their risk mitigation goals.

45 percent of organizations report that their current IT investment rates are inadequate.

69 percent of organizations think that extra investment in IT security is money well-spent.

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