Most of those resellers operating in the security markethave been buoyed by a belief that because very few companies could turn theirprotection against threats off this year will be tough but not catastrophic.
Research from Finjan backs that view up with its WebSecurity Trends Report for Q4 2008.
Of those customers quizzed by the vendor 38% said that theydid not expect a change in their IT budgets this year and 34% revealed thatthey expected their security budgets to increase.
Verticals that were allocating more budgets to IT securityincluded financial and government sectors.
Yuval Ben-Itzhal, chief technology officer at Finjan, saidthat budgets would come under scrutiny this year and everyone wanted speedyreturn on investment.
But he added that cybercrime attacks continued to rise andcustomers would continue to invest in technology that was cost effective and manageable.
There have been some suggestions that as the downturn startsto kick in the cybercriminals will become even more predatory in trying toexploit technology to gain illicit funds and sensitive information.
Join the conversationComment
Share
Comments
Results
Contribute to the conversation