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Businesses Worldwide Plan to Increase Spending on Network Security Next Year by as Much as 20 Percent

http://biz.yahoo.com/iw/070829/0295956.html


A few paragraphs from the article

Businesses Worldwide Plan to Increase Spending on Network Security Next Year by as Much as 20 Percent SAN JOSE, CA -- (MARKET WIRE) -- 08/29/07 -- Cisco_-82_ (NASDAQ: CSCO) today released a set of results from an additional international study examining mobile workers' security behavior with regard to corporate security and its impact on businesses, revealing widespread plans to increase security spending by as much as 20 percent next year to protect expanding wireless networks and the growing numbers of mobile employees who access them.

"Businesses today are boosting productivity and corporate agility by enabling more employees to connect to the corporate network via mobile technologies," said John N. Stewart, Cisco's chief security officer. "Employees' awareness and behaviors relating to mobile security are the crucial factors in protecting information and assets."

Many mobile users say they aren't always aware of security concerns, and their actions provide proof. Throughout the seven countries, many mobile employees say they access unauthorized wireless networks in public places and in their neighborhoods. Many say they don't encrypt data on their wireless devices or set passwords to prevent physical access to their information. And, inevitably, some mobile users lose their devices or suffer from theft.
"These figures are significant, because a 20 percent increase in spending on security alone could represent hundreds of thousands to millions of dollars for mid-size and large enterprises," said Jeff Platon, vice president of security solutions for Cisco.