IT departments in U.S. enterprises will have spent $61 billion on security by the end of this year, representing 7.3 per cent of total IT spending in the U.S., a new report from Info-Tech Research Group states. Between $21 billion and $27 billion of that total is spent on acquisition of new security technologies and services, while the balance goes to operations, primarily staffing costs.
Business services ($10.8 billion), financial services ($10.4 billion) and government sectors ($9.9 billion) are the top spenders, for a combined total of $31 billion, or just over half of the total IT security spend. At the other end of the scale, education ($3.6 billion), health care ($3.2 billion) and primary industries ($2.5 billion) combined represent only $9 billion of the overall IT security spend.
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