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Survey: Data Security Spending To "Skyrocket"

DATA PROTECTION—U.S.

September 15, 2010

A recent global poll shows that corporate spending on data security will increase sharply, ComputerWeekly reports. That's because the number of companies reporting losses due to data breaches is up six percent from last year, the highest proportion to forecast an increase in the last five years, according to the PricewaterhouseCoopers (PwC) survey. More than half of respondents said their companies plan to increase spending on security technologies. But a PwC spokesman said technology isn't always the problem. "Technical solutions are too frequently being prescribed for people problems," he said.
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