Wednesday, September 14, 2005

Security dominates SOX product spend

NetworkWorlds' latest Executive Guide to compliance had the following interesting information. US companies will spend $15.5Bn on compliance activities this year according to latest findings from AMR research. Sarbanes Oxley (SOX) will take $6.6Bn of this.

IT Security technology grabs the lions share of technology spend on SOX, at 26%.

Security products that stand to gain from this are:
-Security Event Management
-Authentication and ID Management
-Continuous Data Protection
-Data Leakage Protection
-Security Operations Centres
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