Security

How much should IT spend on security?

Lovell

How much does your IT department spend on security? How do you match up with your peers? A recent survey has the answers.
The average company spends 5% of its total IT budget on security.
In 2009, companies spent an average of $525 per employee on security. That’s compared to $636 in 2008 and $510 in 2007.
Where are security funds being allocated? Of the total security budget, companies spent:
1.36% on security personnel
2.25% on software
3.20% on hardware
4.10% on outsourced services, and
5.9% on consulting.
Do your security spending habits match up with those figures? Let us know in the comments section.

Published by Lovell

I love to learn, and the computer world gives me an opportunity to do that! All of my knowledge is either School or self-taught or absorbed from friends/associates who are more knowledgeable in other computer related areas. I love networking and web design, though oftentimes you'll find me at a client's home helping them with their personal computer problems. Running my business has allowed me the freedom to work when clients need me and yet not miss out on valuable family time. My kid thinks it's normal to have Daddy around working on computer during the night, I feel very fortunate. Please understand that I work with computers because I love to. I enjoy what I do, I enjoy working with my clients and I would love the opportunity to earn your business!