A new global security survey by Dell, revealed that on an average, 25.5 percent of Indian organizations’ total spending is on IT and 22 percent organizations spend around 15-30 percent of total spending on IT.
As per the company, the survey covered leading public and private sector security decision-makers, in a bid to gauge their awareness of, and preparedness for the new wave of threats plaguing IT security.
Dell says it commissioned independent technology market research specialist Vanson Bourne to undertake the research. Out of 1440 total interviews, 200 were conducted in India. The report found that in public sector, the average spending on IT is 24.7 percent of total spending while in the private sector it is 25.9 percent.
It also found that in the last 12 months, around 85 percent of organizations have increased spending in the education/training of employees; 75 percent of organizations have increased spending in completing security risk assessment and software on premise; 71 percent of organizations have increased spending on hardware and 65 percent of organizations have increased spending on creating a response plan.
The survey also revealed that 64 percent of organizations said losing critical business data was the greatest concern for them while 40 percent said it was malware on the network and 39 percent voted on employees inadvertently taking data outside corporate networks. (Source: Security Today)
On the greatest security threat to their organization in the next five years, 65 percent organizations voted for increased reliance upon internet and browser-based apps; 42 percent respondents chose increased use of mobile devices while 56 percent voted for increased use of cloud and the growth in “big data”. 28 percent of organizations voted for threats that were yet unknown.