THE MAGAZINE

Quick Bytes: Tech Spending Up

By John Wagley

Spending on security technology, training, assessments, and certification now constitutes 20 percent of organizational IT spending, according to the Computing Technology Industry Association. That’s up from 15 percent in 2005, and 12 percent in 2004. The survey of 1,070 organizations also found that many companies expect to increase spending across all security-related areas in the coming year. Nearly one half of respondents said they will spend more on security-related technologies, and one third expect to increase spending on security training.

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