Network Intelligence Corp., the leader in appliance-based security event management (SEM), and Reed Exhibitions released results of a security industry survey, which showed that 66 percent of security professionals believe their corporate networks will never be 100 percent secure. For those that disagreed with this prognosis, the prospect is more immediate – 27 percent of respondents expect to operate completely secure networks in the next one to five years. The survey was conducted on December 10-11, 2003, at InfoSecurity 2003 in New York City. InfoSecurity 2003 attracted over 2,000 C-level executives and security professionals, including CEOs, CSOs, CISOs, CTOs, security engineers and network/security analysts.

"This survey demonstrates that the technology community needs to work harder to demonstrate our ability to provide long-term solutions that deliver complete network security," said Matt Stevens, vice president of marketing and technology, Network Intelligence. "The customer community expects to see a greater number of security breaches in 2004 and security vendors must address these concerns head on."

The survey also identified potential sources of security breaches that most- concern IT security experts. The overwhelming response: unknown hackers and current employees. Over one-third of respondents named "current employees" as a source of the majority of corporate security breaches in the past year; close to half named "unknown hackers." In the context of corporate compliance, the most-common causes of concern were potential security breaches posed by current employees (named by 49 percent of respondents).

Other key results from the survey:

  • Security Breaches in 2003 and 2004: The majority of respondents (almost 65 percent) reported knowing of between 10-25 security breaches in the past year. About half of respondents expect the level of security breaches to remain the same in the coming year – only 22 percent expect fewer breaches
  • IT Security Spending: 56 percent of respondents expect their company to increase security spending in 2004 – 35 percent expect an increase of between 20-49 percent; 19 percent expect an increase of over 50 percent; only 1 percent of respondents reported plans to decrease spending
  • IT Priorities: The majority of respondents (60 percent) reported that security is a mid-level corporate concern – "important, but other IT concerns are a higher priority".
  • Security Appliances vs. Software: Overall, security appliances were perceived to be easier to use, manage and deploy than security software – appliances led by a 2:1 margin in each of these categories.

The survey also covered the security event management (SEM) market, which showed that 66 percent of respondents do not own an SEM solution. Almost half said they do plan to evaluate and/or purchase a SEM technology in 2004. Research firm IDC expects the SEM market will grow 28 percent CAGR from $753 million in 2002 to $2.6 billion in 2007.
For complete results of the survey, please visit http://www.network- intelligence.com/news/events/index.asp

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