Security budgets again expected to rise next year
Despite a shaky economy, nearly half of surveyed IT professionals in North America saw increased security budgets this year and expect the growth to continue into the next.
TheInfoPro "Information Security Study," to be released on Friday, showed that 45 percent of respondents increased their budget for security projects and personnel between 2011 and 2012. Findings were based on in-depth interviews conducted with 200 IT professionals, primarily in North America.
On average, respondents said budgets for security initiatives and programs increased from $1 million to $1.5 million over the past year. Forty-seven percent of those polled expected their budget to increase again in 2013, with only eight percent predicting a decline.