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Industry: Email Alert RSS FeedIDC finds more companies could measure the return on investment for IT security products
Corporate IT Update, August 1, 2003
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Market intelligence and advisory firm IDC has conducted a survey on risk management assessments and found that just 13% of businesses track the value of their IT security investments.
The company also found that 71% of all respondents claimed that IT security decisions have a medium to very high level of board investment while 90% place IT security in their list of top five IT priorities. Despite the high level of priority placed on IT security just 13% of all companies actively monitor the return on investment that IT security products provide.
The survey polled 100 CIOs, CTOs and IT Directors and gauged their responses to a set series of questions.
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