Analytics
4/27/2009
05:55 PM
Connect Directly
RSS
E-Mail
50%
50%

Security Suffers Cuts In Recession, But Fares Better Than The Rest Of IT

Layoffs, cutbacks aren't as painful in security, but they are happening, studies say

Security might still be a haven from the budget ax, but some cracks are definitely appearing around the door, according to several studies published last week at the RSA Conference in San Francisco.

More than 70 percent of IT security professionals said they have been forced to cut their budgets during the past six months to adjust for the economic downturn, according to a report released by (ISC)2, an association of security professionals. Approximately half of the respondents said they have made at least one layoff in the security department.

The data runs counter to several other studies published earlier this year, in which most security professionals had said their spending would hold steady or increase in 2009. "The current economic conditions have had an effect on all professions, including information security," said Lee Kushner, president of LJ Kushner & Associates, a national IT recruiting firm.

The data in the (ISC)2 report is supported by a separate report issued last week by MetroSITE, a security consulting firm. MetroSITE found that 72 percent of companies surveyed expect to make downward revisions of their security budgets during the remainder of the year.

Security vendor Lieberman Software also posted a survey of IT and security pros that indicates 60.7 percent of respondents work at organizations that have reduced their IT budgets in 2009. Some 40 percent of the respondents have reduced staff since January, the report states.

The new studies would appear to poke holes in the notion that IT security is somehow "recession-proof," as some analysts have suggested. But even in the new data, there appears to be reason for optimism.

In the (ISC)2 study, for example, 55 percent of respondents said they do not expect any further security budget cuts for the remainder of the year. Approximately the same percentage of respondents said they do not expect further staffing cuts in 2009.

A study published last week by CA mirrors the optimism of earlier in the year, reporting that 50 percent of IT professionals expect security spending to remain the same, while 42 percent expect an increase. Only 8 percent expect a cut in their budgets, the study says.

"The cost of compliance and the risks associated with data breaches are keeping most companies from cutting back," said Dave Hansen, corporate senior vice president and general manager of CA's security management business, in an interview at RSA.

And while security may not be recession-proof, it remains better off than most other sectors of IT, experts say. "There has been speculation about whether IT security spending would increase or decrease during this recessionary cycle," said Bob West, CEO of Echelon One, a security industry research firm. "Now we can see with some evidence that security budgets seem to fare better than general IT spending."

Have a comment on this story? Please click "Discuss" below. If you'd like to contact Dark Reading's editors directly, send us a message. Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
Partner Perspectives
What's This?
In a digital world inundated with advanced security threats, Intel Security seeks to transform how we live and work to keep our information secure. Through hardware and software development, Intel Security delivers robust solutions that integrate security into every layer of every digital device. In combining the security expertise of McAfee with the innovation, performance, and trust of Intel, this vision becomes a reality.

As we rely on technology to enhance our everyday and business life, we must too consider the security of the intellectual property and confidential data that is housed on these devices. As we increase the number of devices we use, we increase the number of gateways and opportunity for security threats. Intel Security takes the “security connected” approach to ensure that every device is secure, and that all security solutions are seamlessly integrated.
Featured Writers
White Papers
Cartoon
Current Issue
Dark Reading's October Tech Digest
Fast data analysis can stymie attacks and strengthen enterprise security. Does your team have the data smarts?
Flash Poll
Threat Intel Today
Threat Intel Today
The 397 respondents to our new survey buy into using intel to stay ahead of attackers: 85% say threat intelligence plays some role in their IT security strategies, and many of them subscribe to two or more third-party feeds; 10% leverage five or more.
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2012-2413
Published: 2014-10-20
Cross-site scripting (XSS) vulnerability in the ja_purity template for Joomla! 1.5.26 and earlier allows remote attackers to inject arbitrary web script or HTML via the Mod* cookie parameter to html/modules.php.

CVE-2012-5244
Published: 2014-10-20
Multiple SQL injection vulnerabilities in Banana Dance B.2.6 and earlier allow remote attackers to execute arbitrary SQL commands via the (1) return, (2) display, (3) table, or (4) search parameter to functions/suggest.php; (5) the id parameter to functions/widgets.php, (6) the category parameter to...

CVE-2012-5694
Published: 2014-10-20
Multiple SQL injection vulnerabilities in Bulb Security Smartphone Pentest Framework (SPF) before 0.1.3 allow remote attackers to execute arbitrary SQL commands via the (1) agentPhNo, (2) controlPhNo, (3) agentURLPath, (4) agentControlKey, or (5) platformDD1 parameter to frameworkgui/attach2Agents.p...

CVE-2012-5695
Published: 2014-10-20
Multiple cross-site request forgery (CSRF) vulnerabilities in Bulb Security Smartphone Pentest Framework (SPF) 0.1.2 through 0.1.4 allow remote attackers to hijack the authentication of administrators for requests that conduct (1) shell metacharacter or (2) SQL injection attacks or (3) send an SMS m...

CVE-2012-5696
Published: 2014-10-20
Bulb Security Smartphone Pentest Framework (SPF) before 0.1.3 does not properly restrict access to frameworkgui/config, which allows remote attackers to obtain the plaintext database password via a direct request.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Follow Dark Reading editors into the field as they talk with noted experts from the security world.