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An IDC Survey shows that seven out of 10 respondents don’t trust their organisation’s IT Security, with half stating more must be done to combat the growing complexity of attacks

  • 11 April, 2007 14:45

<p>NORTH SYDNEY, April 11th 2007</p>
<p>"Whilst Viruses, worms, spam, phishing, and spyware remain the top security threats respondents’ face. It is the increasing sophistication of these threats that will be a key challenge for organisations," said Patrik Bihammar, Senior Analyst, Security and System Management Software.</p>
<p># Main challenges in battling these threats include budget constraints, keeping up with the number and sophistication of attacks, lack of skilled staff, and keeping the security posture up to date.</p>
<p># Of the surveyed organizations, only 23.4% indicated that they intended to increase their security budgets in 2006 and 55.3% that the budget will remain the same. Therefore a major challenge for organisations will be to be to battle constantly evolving threats with limited access to security budget.</p>
<p># Spending on security solutions in Australia was over A$850 million in 2005 and is predicted to reach over A$1.3 billion by 2010, increasing at close to double-digit compound annual growth of 9.8%.</p>
<p>"Customers should look for vendors that can address these concerns with cost effective, easy to manage solutions focusing on low total cost of ownership (TCO) and strong platform integration," said Patrik Bihammar, Senior Analyst, Security and System Management Software.</p>
<p>The Security &amp; Continuity one day event 2007 will provide insights from top IDC analysts and industry partners including Microsoft, VeriSign, Novell, Trend Micro, Finjan and Entrust.</p>
<p>Chris Gatford from Pure Hacking will present from a professional hackers point of view and showcase how hackers can infiltrate your system and what you need to do to stop this threat.</p>
<p>Industry gurus will share their insights, showcase the latest offerings and solutions in the market, as well as answer the enterprise's most pressing questions.</p>
<p>IDC’s Security Analyst, Patrik Bihammar, will share the latest security market trends, discuss IDC's top 10 security predictions for 2007 and beyond, discuss 7 "habits" of highly efficient IT security managers at the IDC security event at the Westin Hotel on Tuesday 17 April 2007.</p>
<p>Decision makers need to put a security strategy in place to make the enterprise resilient and prepare for tomorrow's challenges in a cost-effective manner.</p>
<p>To learn more about IDC's 2007 Australian Security and Continuity Event visit http://www.idc.com.au/events/security07 or contact Alison Mee via email amee@idc.com or phone 02 9925 2225. To register for this event visit http://www.idc.com.au/events/security07/exclusive638/</p>
<p>****************************************************************</p>
<p>For press enquiries please contact:
Tim Dillon
Associate Vice President Research, Australia
Phone: 9925 2250
Email: tdillon@idc.com</p>
<p>****************************************************************</p>
<p>Click here to subscribe to IDC press releases and newsletters online:
http://www.idc.com.au/newsletters/register/</p>
<p>****************************************************************</p>

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