Report

October 2000

Sizing The Security Market

Frank Prince 		Companies will triple security spending by 2004 and spend more on services in the bargain. But despite multibillion-dollar spending, firms will miss the new challenge: business-process security.
by Frank Prince with Carl Howe, Christian Buss, Stephanie Smith

INTERVIEWS
  • Firms will increase security spending by 55% in two years.
  • Companies will double their spending on services.
ANALYSIS
  • US security spending will grow to $19.7 billion in 2004.
  • Bad decision-making ensures mediocre security.
ACTION
  • Business managers must be held accountable for security.
  • Build security monitoring into external business processes.
WHAT IT MEANS
  • Outsourced security crashes in 2002 and rebounds in 2004.
  • Only companies that secure business processes survive.
 
Figures & Data
  • Figure 1.  Firms Expect To Change Their IT Security Spending Patterns
  • Figure 2.  Spending Patterns Shift To External Vendors
  • Figure 3.  Firms Face Pressures From Many Sources
  • Figure 4.  IT Security Spending
  • Figure 5.  IT Security Life Cycle
  • Figure 6.  IT Security Spending Through 2004, By Category
   
RELATED MATERIAL 
  • The Sizing Model
  • Related Research
  • Outside Sources
 
GRAPEVINE
  • No, it's not SOS.
  • Right on the dot.
  • It's not a bug . . .
  • It takes a tough man to build a better operating system.
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Ratings and Comments
NOT YET RATED
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