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Are IT Security Budgets Recession Proof?

Posted on 4.23.2008
Although budget cuts seem likely in other areas, businesses will extend their tight budgets for the sake of security.

IT security budgets remain stable despite an impending economic recession, according to a recent survey conducted at the RSA Conference in San Francisco, CA, April 7-11 by Astaro Corporation, a vendor of integrated security appliances.  Of the over 300 conference attendees surveyed, 67% said that they do not see their security spending behavior affected by the recession in 2008. Despite the news, growth in IT spending for this year is relatively conservative compared to previous year.

According to Gartner Research, ā€œsmall businesses expect to increase their IT spending by approximately 3.25% over 2007 spending levels. Midsize businesses expect to increase their IT spend in 2008 year over year by 5.34%. While positive, these expected increases are more conservative and below the increases we saw during the past two years.ā€

Jan Hichert, Astaro CEO, explains, ā€œMany SMB administrators are looking to consolidate and simplify their security solutions in order to cut back costs and workload. Astaro helps to bring IT security costs down by merging all necessary features into one easy-to-use, robust security solution, giving businesses the best total cost of ownership and ultimately stretching tight IT security budgets even further.ā€

Integrating network, web and mail security and managed through an intuitive browser-based user interface, the Astaro Security Gateway offers the latest protection from Internet threats, while simplifying the administrative work. It is available as a software, hardware or virtual appliance. Not only does this UTM product cost less than traditional point products and many of its UTM competitors, but it also requires fewer man hours to deploy and maintain, leading to substantial savings.

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