Protect What's Precious


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The Bottom Line
Of course, complying with regulations and implementing security technology takes money, but 27 percent of the security professionals surveyed don't expect their overall security budget to increase from this year.

"Ours is pretty flat," Sutton says. "Our budgets are being used primarily for business-related activities. They're going up, but not for security."

Another executive at a large firm also says his security budget won't increase: "It's just hard to make the business case. We try, but it's hard."

For some organizations, budgets aren't just staying the same, they're shrinking. For example, Rutgers is feeling the fallout of a significant statewide shortfall. "We're working under some pretty severe budget constraints," says Oliver.

Yet others are enjoying increases. Twenty-one percent of those surveyed expect their budgets to increase between 10 and 25 percent. Decosimo, for example, is likely to increase its security spending between 10 and 20 percent, Joyce says.

At global truck maker Paccar, next year's security budget will depend on which proposed projects win approval, says Shelley Percich, its technology project manager.

But, she adds, "security is a requirement for all projects that are approved, and additional funding for security requirements is allocated for most all of our projects."

Likewise, Edmonton's Clissold says he doesn't lack funding. He's in the process of building

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a security infrastructure; two years ago, the service had none to speak of.

"I'm in growth [mode] here, and, because of that, my budget is increasing," he says.

At the North Dakota Credit Union League, the tricky part is figuring out how much money to spend on security, Bartosh says, "because you can sure throw a lot of money out the window, but it won't do anything for you."

This was first published in December 2006

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