MidMarket Tech Leaders Look to Cut Security Costs While Keeping Network Safe - Slide 2

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Next Reducing Security Costs Is A:-2 Next

Reducing Security Costs Is A:

Cutting their companies' spend on securuty is either a medium or high priority for 59 percent of CIOs.

Most midmarket CIOs are looking to cut their overall costs of securing their data and networks in the coming year, but a good 40 percent of them are planning to fund security system projects to support that goal.

MIDMARKET CIO FORUM

Learn first-hand how   leading technology providers are developing midmarket technologies to solve key business and strategic challenges.

That’s one of the findings of a recent survey of 138 senior midmarket IT executives we conducted about a wide range of issues, from staffing to SaaS adoption to the overall value business sees in IT. (For a full breakdown of the survey results, see CTO Edge Editorial Director Mike Vizard’s analysis here.)

On the security front, 78 percent of the IT execs who responded to the survey said their companies view security as important or a high priority (which, if you listen to a lot of trade press, seems a tad low). Interestingly, only 41 percent of IT execs said they view heightened compliance pressures – a big driver for the focus on security – as a complete positive for IT.

Overall, 59 percent of respondents said they plan on increasing their IT spending in the next 12 months. With the pressure to decrease security in particular, investments in that channel will likely be with an eye toward great automation of traffic and threat analysis – which of course promises operational savings. (You'll also want to check out this list of innovative security companies and products as cited by the RSA Security Conference.)

To learn more about the Midmarket CIO Forum, click here.
 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
More Slideshows

BitSightRansomware0x Ransomware: The Rising Face of Cybercrime

Ransomware is a legitimate threat, with estimates from the U.S. Department of Justice showing that over 4,000 of these attacks have occurred every day since the beginning of the year. ...  More >>

Security121-190x128 5 Ways CFOs Can Implement an Effective Cybersecurity Strategy

While cybersecurity concerns are widespread, finance remains one of the most vulnerable areas for malicious attacks. ...  More >>

infra100-190x128 Top 10 Strategic Technology Trends for 2017

Here are the top 10 strategic technology trends that will impact most organizations in 2017. Strategic technology trends are defined as those with substantial disruptive potential or those reaching the tipping point over the next five years. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.