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Gartner predicts less money for security spending

Security could become a victim of its own success. Gartner Group’s Victor Wheatman said Wednesday that security spending actually will decrease in the near future as enterprises improve security management and efficiency. The managing vice president’s predictions punctuated the research firm’s four-day Gartner IT Security Summit. Wheatman broke his prognostications into three broad categories, spelling out the good news and the bad news for security administrators and managers. “By 2006, information security spending (including staff salaries and external services) will drop to 4% to 5% of IT budgets, on average, as enterprises improve security management and efficiency,” said Wheatman. “The lowest-spending 20% of organizations, the most efficient ones, will safely reduce the share of security in the IT budget to 3% to 4% by 2006.” Full Story

OODA Analyst

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