46 per cent of IT managers have increased spending on security compared to only four per cent who have decreased their level of security spend.”
“IT security has become a higher priority over the last few years, with a greater proportion of the overall IT budget being spent on security equipment and services,” said Ed Daugavietis, senior research analyst with Info-Tech Research Group.
Companies spending less than five per cent of their IT budget on security might want to ask themselves hard questions about how they would recover from disaster or how well they are protecting their networks from intrusions, he concluded.
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