Organizations Need to Spend on Security

According to research firm Gartner Inc., organizationssecurity attacks. They overlap on the computer
that have attained a high level of information securitynetworks to detect and react to security violations.
can bring down such spending by 2008. ConverselyIf multiple security measures are deployed,
organizations, which have not been able to reach acompanies can detect a far greater number of
certain level of security or have not invested enough,attacks than with fewer controls. This way cyber
may have to spend a greater part of their budget oncrime can be held back more effectively.
security during the next few years.Nowadays, we find functional convergence in security
In 2006, the number of companies, which have beenproducts. This refers to collating formal, collaborative
spending more than a million per year on computerstrategies of cumulative security products of an
security and spam, has almost doubled. In spite oforganization to deliver benefits through reduced risk
that they continue to suffer from internal andseverity, increased operational efficiency, and
external security violations owing to employeereduced costs. The practice is to combine firewalls,
carelessness and increased hacking practices. Theyantivirus, antispam, and host intrusion prevention into
experienced intra company attacks such as theft,single products to provide a one time fully managed
sabotage or global destruction in computer networks.security.
It is therefore important that the companies devoteSince time factor is important in deciding when to
more attention to avoiding cyber crime.adopt a new security technology, an early
The solutions to most IT problems lie in implementinginvestment on a technology may increase the risk of
appropriate technology efficiently and effectively.an immature technology, while too slow investment
Organizations that suffer routine attacks and threatscan enhance the risk of being left behind making the
must be more mature in rooting out the problems.organization vulnerable.
Security should be given executive attention, treatedThus the above discussion points at the importance
like a business issue, and not just a technologyof computer security, which should be handled
problem.carefully and judiciously for maximum results.
A layered defense is the best defense against