Issues prompting greater security spend

It's not surprising that security spend is increasing every year as security threats and issues are spiking. According to a Deloitte study, 95 percent of the roughly 100 financial-services executives surveyed reported growth in security budget lines, with a respectable amount, 20 percent, saying the increase is 10 percent over 2005 spend. That's the story at Equifax where the CIO is shoring up security with both technology and manpower. One of the first things that CTO Rob Webb did when he joined the credit score company was hire on a Chief Information Security Officer (CISO) and make a successful pitch to boost his security budget.

For more on why security spend keeps rising:
- read this Optimize article