Security Management Strategies for the CIOAccess "Using tax depreciation to increase security budgets"
This article is part of the April 2004 issue of Depth charge: Survey shows big spending on defense in depth
If the flowers are blooming and I'm panicking, it must be tax season. As you're reading this, I'm probably racing to the local H&R Block to ritually justify deductions for everything from my subscription to Scientific American to my USB memory sticks. I was thrilled the first time my tax preparer told me I could write off a portion of my home computer, Palm and cell- phone because I used them for business. Bam! In an instant, $1,500 was wiped off my gross income. America, what a country! My elation is something CFOs and corporate accountants know well, and it's something every security manager should take into consideration when justifying purchasing plans: The depreciation of capital assets, such as security hardware and software, is a tax benefit. Take your gross revenue, subtract the depreciation of assets, as defined by the IRS tax code, and you have your net taxable revenue. Corporate officers and shareholders love this; the more depreciating assets their companies have, the less they pay in federal corporate taxes. Here's the way it works: You buy ... Access >>>
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IT security spending 2004: Firms diversify as security budgets tighten
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Learn how Argonne National Lab raised IT security awareness and its audit grade from 'F' to 'A'.
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IT security spending 2004: Firms diversify as security budgets tighten
by Andrew Briney
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The future of software security vulnerabilities
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The evolution of software security vulnerabilities opens new vistas for business... and the bad guys.
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The future of software security vulnerabilities
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Columns
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Using tax depreciation to increase security budgets
by Lawrence Walsh
The depreciation of capital assets, such as security hardware and software, is a tax benefit that every infosec manager should take into consideration.
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Cyberwar myths: Are cyberwarfare and cyberterrorism overblown?
by Marcus Ranum
Marcus Ranum explains why the whole notion of cyberwarfare is a scam.
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A little betrayal: Windows purists using Linux security features
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Jay Beale explains how Windows purists can leverage Linux security features without compromising their allegiance to Redmond.
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Database security tools for preventing SQL injection attacks
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In enterprises, proactive information security finally taking hold
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Editorial director Andrew Briney says frustration with failure is driving proactive information security spending on new technologies.
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Using tax depreciation to increase security budgets
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