CABA Information Series

IS-2007-52: Businesses Worldwide Plan to Increase Spending on Network Security Next Year by as Much as 20 Percent

This Cisco Systems press release describes a study of IT security for mobile communications. A study of 700 IT personnel found that almost half expect IT security expenditures to increase 10 per cent, while almost 10 per cent think that there will be a 20 per cent increase. These outlays are motivated by regulatory compliance, increased mobility, and a growing labor force. Only nine per cent worldwide said security spending was because of loss or theft. However, 26 per cent in the U.S. said this is a motivation.

















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