Reprisals from former employees and a lack of adequate security budgets rank among the top concerns of senior IT professionals, according to a global survey.
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“With the economy still in recession, employees that are made redundant may feel resentful towards their previous employer in a number of ways that may affect the smooth operation of an organization,” says Paul van Kessel, global leader of Ernst & Young’s information technology risk and assurance services practice. “Increasingly, the employer’s IT system has become a common target and data theft is also prevalent."
Allocating adequate budget to information security continues to be a challenge, with 50% of respondents ranking this as a high or significant challenge. Despite this level of concern, only 40% of respondents plan to increase their annual investment in information security as a percentage of total expenditures, while 52% plan to maintain the same level of spending.
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