Survey: Nearly 1 in 4 IT firms suffered security breach

[InfoSec News <alerts () infosecnews org>]

http://www.crainsdetroit.com/article/20150726/NEWS/307269992/survey-nearly-1-in-4-it-firms-suffered-security-breach

By TOM HENDERSON
Crain's Detroit Business
July 26, 2015

Twenty-three percent of executives at technology companies say their firms 
have suffered a security breach in the past 12 months, according to the 
national annual Technology Industry Business Outlook survey conducted by 
KPMG LLP, the audit, tax and advisory firm.

Three-fourths of executives surveyed say their companies will spend 
between 1 percent and 5 percent of annual revenue on IT security in the 
next 12 months.

"The survey findings on security are an important marker, since tech 
companies are the pacesetters in IT security. How much and where tech 
companies spend on IT security, and how successful they are, can serve as 
guides for all other industries," Gary Matuszak, global chairman of KPMG's 
technology, media and telecommunications practice, said in a release.

The KPMG survey was of upper managers at 111 U.S.-based technology 
companies. Of the respondents, 54 percent were in companies with revenue 
of more than $1 billion a year, with the rest at companies with annual 
revenue between $100 million and $1 billion.

[...]



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