Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

Security Spending on the Rise, CompTIA Says

Security now accounts for 20 percent of IT technology and training budget, according to new survey

A new survey suggests that IT security spending, long rumored to be flattening out, may actually be on the rise again.

According to a study of more than 1,000 organizations released today by the Computing Technology Industry Association (CompTIA), enterprises spent 20 percent of their total technology budgets on security-related expenses last year. That's up from 15 percent in 2005, and 12 percent in 2004.

"It is clear that information security is an increasing concern for many organizations -- 78 percent of those surveyed indicate that management now considers information security a top priority," the report says.

The CompTIA survey paints a higher growth curve than several other studies issued earlier this year, which suggest that security spending, while still on the upswing, is beginning to level off.

The Computer Security Institute, for example, said in its annual survey that almost half of respondents are now spending between 1 and 5 percent of their IT budgets on security. This is a leveling-out over last year, when 34 percent of respondents spent more than 6 percent, and 47 percent spent 2 percent or less. (See Security Spending: In the Red?)

A study published earlier this year by Forrester Research projects that enterprises will spend between 7.5 and 9 percent of their IT budgets on security this year.

CompTIA suggests that one factor may account for the disparity in its numbers compared to those of other market studies: training. The CompTIA study looked at spending on training -- both for end users and for IT pros -- in its study as well as the costs of technology.

"For each dollar spent on security, about 42 cents is allocated for technology product purchases; 17 cents for security-related processes; 15 cents for training; 12 cents for assessments; 9 cents for certification; and the balance on other items," CompTIA says.

While some enterprises may be slowing their spending on security technology, there is a general increase in budget allocations for training, CompTIA says.

"Overall, there is a significant increase in the percentage of companies that require IT security training for employees," the study states. "The percentage of organizations that require training for new employees doubled to 12 percent in 2006." One third of respondents expect to increase spending on security training in the coming year, CompTIA says.

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
Comments
Newest First  |  Oldest First  |  Threaded View
Data Leak Week: Billions of Sensitive Files Exposed Online
Kelly Jackson Higgins, Executive Editor at Dark Reading,  12/10/2019
Lessons from the NSA: Know Your Assets
Robert Lemos, Contributing Writer,  12/12/2019
4 Tips to Run Fast in the Face of Digital Transformation
Shane Buckley, President & Chief Operating Officer, Gigamon,  12/9/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-19807
PUBLISHED: 2019-12-15
In the Linux kernel before 5.3.11, sound/core/timer.c has a use-after-free caused by erroneous code refactoring, aka CID-e7af6307a8a5. This is related to snd_timer_open and snd_timer_close_locked. The timeri variable was originally intended to be for a newly created timer instance, but was used for ...
CVE-2014-8650
PUBLISHED: 2019-12-15
python-requests-Kerberos through 0.5 does not handle mutual authentication
CVE-2014-3536
PUBLISHED: 2019-12-15
CFME (CloudForms Management Engine) 5: RHN account information is logged to top_output.log during registration
CVE-2014-3643
PUBLISHED: 2019-12-15
jersey: XXE via parameter entities not disabled by the jersey SAX parser
CVE-2014-3652
PUBLISHED: 2019-12-15
JBoss KeyCloak: Open redirect vulnerability via failure to validate the redirect URL.