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79 Percent of Security Managers Interviewed Will Grow Security Appliance Installations Over the Next 12 Months According to New Research From TheInfoPro.


Business Editors/High-Tech Writers

NEW YORK--(BUSINESS WIRE)--Nov. 11, 2003

Findings from 175 Interviews with Fortune 1000 Decision Makers Representing Combined Spending of over $500 Million on Information Security Products and Services

The second Wave of TheInfoPro's (TIP) bi-annual study of the Information Security sector found that major corporations are now viewing Security as a strategic resource, and are therefore making it a spending priority. Almost half (49 percent) of the decision makers interviewed are planning to increase security spending over the next year. The study is based on 175 in-depth interviews with representatives from the likes of Citigroup, AT&T, Cargill, MasterCard and Time Warner.

Takeaways include:

-- Security Appliances continue to be hot: 79 percent of the

organizations studied will deploy them over the next 12

months. Of those currently using appliances, 47 percent will

increase their spending. Beneficiaries of this major shift

will include NetScreen, Cisco and Nokia.

-- 43 percent of security executives cite developing an

enterprise security infrastructure as their top priority,

expanding their focus from perimeter security. The move to

more centralized security management has led to increased

spending on: Integrated Security Management Consoles, Security

Event Management and Blended Threat Using several techniques to attack a computer system or network. After all, why adopt just one method when viruses, worms, Trojans and software vulnerabilities used in clever combinations can help to ensure that more systems are compromised and more people are harmed? See virus, worm,  Detection. Symantec,

Cisco, ISS ISS

See Institutional Shareholder Services (ISS).
, Computer Associates, netForensics, NetIQ and

Intellitactics are on the shortlist short·list also short-list  
n.
A list of preferable items or candidates that have been selected for final consideration, as in making an award or filling a position.

Noun 1.
 for delivering the

different types of functionality needed.

-- Over 90 percent of users cite the rapidly growing body of

regulations such as the Sarbanes-Oxley Act See SOX.  as a key driver of

their implementation of an enterprise security infrastructure.

TIP conducted 175 hour-long interviews with security decision makers in Fortune 1000 companies. The study captures future spending plans, budgeted technology implementations for over forty pieces of features and functionality, detailed vendor ratings and rich narrative commentary on companies including Check Point, BindView, RSA (1) (Rural Service Area) See MSA.

(2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key.
, Netegrity, Microsoft, Trend Micro, Secure Computing For the general concept, see .

Secure Computing Corporation, or SCC, is a public company (NASDAQ: SCUR) that develops and sells computer security products, such as:
  • Firewalls including Sidewinder, SnapGear and CyberGuard TSP
, ArcSight and over 100 other security vendors.

"TIP's findings have become a trusted source for the industry," said Andrew Briney, CISSP (Certified Information Systems Security Professional) The award for successful completion of an examination in computer security administered by the International Information Systems Security Certification Consortium (ISC)2.  and Editorial Director of Information Security magazine. "TIP studies provide hard data on end-user technology plans and their vendor relationships. The studies are an excellent source of context. In many ways the in-depth interviews are a mini case study that puts detailed narrative commentary around such topics as budgets, features, functionality and vendors."

In addition to Information Security, TIP studies the Storage, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , Networking, and Nanotechnology Tools markets. Over 600 IT decision makers are members of the TIPNetwork, including Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , BellSouth, Honeywell, P&G and Visa. To learn more about TIP's independent, objective research process where results are delivered without any analyst spin or bias visit www.theinfopro.net.

To learn more about the studies, contact Deborah Morrella at 212-418-1353 or email: info@theinfopro.net.

For a 5 minute rich media presentation with study highlights visit:

http://www.brainshark.com/theinfopro/InfoSec_W2_Preview1_GB
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 11, 2003
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