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March 2003

IT security spending: How to spend less

Infosecurity was, is and always will be the bottom-feeder of the IT food chain. For some of you, this is a hard pill to swallow. For others, it's stating the obvious. Either way, it's a myth that IT security is flush with cash. Yes, security budgets are growing in roughly half of the organizations surveyed by Information Security (see "2003: Another Year of Belt-Tightening"). But overall growth is negligible. Many organizations are earmarking a few dollars for one-time projects, but very few are spending broadly on infrastructure security. To put it bluntly, we don't think like the CFO does, and he's the one controlling the purse strings. Clearly, the economy plays a big part in this. No company is spending a dime more than it absolutely has to. But the security mind-set is also to blame. To put it bluntly, we don't think like the CFO does, and he's the one controlling the purse strings. Experts tell us that the best way to get funding for security--especially during tight times--is to demonstrate return on investment. But ...

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