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IT security budgets will continue to rise, finds Dell report

Around 19% of IT security leaders said that budgets will significantly increase over the next two years, with an additional 31% saying budgets will increase, according to a new report by Dell SecureWorks.The study by Dell surveyed 1,825 IT security leaders and their staff, based in 42 countries including North America, Europe, Africa, Asia and the Middle East. The aim of the report was to identify the key influencers on decisions which affect security budgets and technology purchases.Of the remaining survey respondents, nearly all said that budgets will remain flat (46%), while a few (4%) said their organizations could actually decrease security spending. This is largely the same growth picture as the last two years, with the same group of experts witnessing the same increase (31%) and a similar significant increase (15%) during the period.

Read on, source: IT security budgets will continue to rise, finds Dell report