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Firms spend only up to 20% of their budget on IT security




Firms spend only up to 20% of their budget on IT security
Firms spend only up to 20% of their budget on IT security



http://www.business24-7.ae/Articles/2009/11/Pages/17112009/11172009_7960702f439e404c872525721c2a4383.aspx 

By Nancy Sudheer 
Business 24-7
November 17, 2009

Security accounts for only 10 to 20 per cent of overall IT budgets 
within UAE enterprises - well below global standards.

There is awareness, say experts, but security is still often viewed with 
a closed mind.

IT security is not just about protecting the perimeter but has evolved 
as Web 2.0 and social media have taken the limelight. Employees are 
increasingly becoming mobile, which makes it important for organisations 
to consider cloud computing and software as a service (Saas) as parts of 
their security strategies.

However security companies have seen a change since 2008 as threats have 
increased greatly and this has changed the priorities of many 
organisations in the region.

[...]


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