IT Security: The Affordability of Cyberdefense Spending
This IDC study examines current and expected enterprise spending for IT in relation to the exponential rise in cyberattacks that will demand added protection of information assets. The projected increase in the cost of countering cyberthreats will exceed expected IT spending increases for the foreseeable future. Funding cyberdefenses out of existing IT budgets is not feasible. Budget restructuring that enables increased infrastructure services and lowered applications costs is needed. Cloud-based services, particularly PaaS, will play an important role in this shift. Establishing a safe infrastructure will increasingly become a major IT budget priority. Essentially, the infrastructure will provide security services for the entire enterprise. This study should be read by senior executives, including boards of directors, legal counsel, CIOs, and chief security officers.
"Future IT spending will require a redeployment of IT resources from concentration on the protection of computer applications to the safeguarding of all knowledge assets such as data, product plans, patents, and proprietary secrets," says Paul Strassmann, adjunct research analyst with IDC's Research Network. "In the era of the 3rd Platform, cybersecurity provides the means for preserving a firm's capacity to advance the company's operations and preserve the firm's capacity to grow without disruption."
Please Note: Extended description available upon request.