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CIOs to Slow Down Spending on IT Security

CIOs to Slow Down Spending on IT Security Gartner recommends that more mature organizations can safely reduce security spending by 3 to 6 percent of their overall IT budgets through 2011. No Title Last year security spending made up an average of 6 percent of IT spending. No Title Gartner expects security to make up […]

Written By

Ericka Chickowski

Jun 23, 2010

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CIOs to Slow Down Spending on IT Security

Gartner recommends that more mature organizations can safely reduce security spending by 3 to 6 percent of their overall IT budgets through 2011.

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Last year security spending made up an average of 6 percent of IT spending.

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Gartner expects security to make up 5 percent of IT spending in 2010.

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That’s not all bad news for VARs: Gartner says that part of this dip is because enterprises are spending more in other IT areas as economic conditions improve.

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In 2009, the best-performing verticals for security sales were:-professional services (6.8 percent)-government (5.9 percent)-financial services (5.3 percent)

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Even as numbers shift, Gartner expects those industries to keep the highest percentage of security-to-overall IT spend.

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Security dollars that are more likely to be spent this year will be tied to new business initiatives, with Identity and Access Management (IAM) and Data Loss Prevention (DLP) topping deployment lists.

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20 percent of organizations surveyed in Gartner’s 2010 CIO Survey ranked IAM as a top priority in 2010.

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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.

CIOs to Slow Down Spending on IT Security

Ericka Chickowski

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