Study: 44% of Enterprises To Increase Security Spending, But Face Staffing Obstacles

A new study is out from 451 Research finding that while many enterprises plan on upping their spending on information security, staffing obstacles remain a major issue. According to the research, 44% ...
Study: 44% of Enterprises To Increase Security Spending, But Face Staffing Obstacles
Written by Chris Crum

A new study is out from 451 Research finding that while many enterprises plan on upping their spending on information security, staffing obstacles remain a major issue.

According to the research, 44% of enterprises will increase their budget in the next 90 days. Only 4% plan on decreasing their security budgets.

“While security budgets are stable or increasing for almost all organizations, security managers reported significant obstacles in fully realizing the benefits of SIEM [Security Information and Event Management ]solutions because of lack of staff expertise (44.4%) and inadequate staffing (27.8%),” the firm says.

The report suggests a shortage of qualified security experts in the U.S. making it difficult for organizations to find the help they really need.

451 Research says only a little over half (56.9) of enterprises are able to devote more than one professional to their SIEM implementation and monitoring.

41% of enterprises surveyed said hackers with malicious intent are their top security concern over the past 90 days while 37% said navigating compliance requirements. 23% of security managers indicated compliance requirements are a key driver in getting projects approved. Risk assessment was cited by 25%.

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