January 26, 2010 – IT security spending is up and expected to increase, with concerns about the proliferation of consumer devices in the workplace budging in front of cloud computing and data virtualization as the trend of most concern.

Based on Forrester's survey of nearly 2,200 enterprise and SMB business executives and technology decision-makers in North America and Europe, approximately 40 percent of all businesses are expected to significantly increase spending on IT security technologies this year. While 37 percent of small and midsized businesses plan to increase spending by 5 percent of more, an additional 42 percent of enterprises plan to do the same.

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