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:
"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 |
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