Tags: Accenture Press Releases

Managing Complexity Still Top Security Challenge, Prompting Increase in Security Spend, According to Security Survey

Managing the complexity of security continues to be the number one challenge for organizations around the globe, followed closely by preventing security breaches, enforcing security policies and spreading user awareness. These challenges have prompted plans for a significant increase in security spending in the coming year, according to a 2007 survey by Accenture (NYSE: ACN) and CMP Technology’s InformationWeek.

The tenth annual survey of nearly 3,000 IT professionals from the U.S. and China also revealed that the security challenges, plans and priorities of Chinese companies are aligning more closely with U.S organizations. Chinese companies are taking a more sophisticated approach to their security posture — in fact, they expect to spend an average of 19 percent of their IT budgets on security, compared to 12 percent for U.S. organizations.

“Business Technology executives and security professionals still do not have their arms around the security issues despite current and planned increases in spending,” said Rob Preston, Editor-in-Chief of InformationWeek. “The challenge is extremely complex and the need for information security literally everywhere, from computing devices to networks to applications, is only accelerating the challenge.”

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