RealNews

Money seen as biggest obstacle to effective IT security

Inadequate funding remains the single largest obstacle to implementing effective IT security measures at most companies, according to the results of a recently completed global survey by Ernst & Young International. Even so, a majority of the companies surveyed said they rarely or never calculate return on investment when building a case for information security budgets. “Return on investment appears to have fallen out of favor as a measure of the effectiveness of information security spending,” Mark Doll, Americas director of Ernst & Young’s Security Services division, said in a prepared statement. “It looks like we need to find a credible alternative to conventional ROI approaches in order to secure funds for the information security function.” Full Story

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OODA Analyst

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