| APAC businesses increasing spend on security software |
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| by Peter Dinham | |
| Thursday, 21 May 2009 | |
  
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IDC says spending on security software will be increased to, both address threats and in order to improve compliance. Judy Wu, lead analyst for security research in Asia/Pacific, says the findings confirmed that IT security investments have now become even more important as businesses recognised the need to hedge themselves against further damage from security attacks. "Given the current economic climate and the collapse of the financial services structure, IDC expects greater regulatory intervention from government authorities to drive corporate governance in organisations and re-establish confidence in the markets. As a result, spending on security software among businesses will also increase." Wu says that organisations have also become aware that implementing compliance requirements provide “a good opportunity for them to revisit their current risk management position and identify opportunities for business efficiency and growth,” which, she adds, “will in turn lead to long-term corporate sustainability and social responsibility.” According to Wu, the economic downturn has impacted the security industry and how businesses manage security in their different environments and, she cautions, ”with reduced budget and staff, it is even more important than before that companies prioritise their limited resources to address the most critical weak spots within their IT infrastructure." |
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