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Information Security (Spending Priority!)


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Well I was thinking why spending on Information Security is comparatively higher than other spending in this modern world?

 

In today’s world Information Security spending is priority among most of the companies. This is a welcome factor, recession as I believe is a market demand for more quality. There are less opportunities and high competition all over to grab… To close a single deal you need to promise more and deliver more at highest quality for lowest price. Welcome to the world of recession, this is the saga every today’s company is facing…

Things have changed, now more and more companies want to get certified as ISO27001:2005. Reason being, with less number of opportunities in the market, where customers don’t want to spend huge… only companies that are certified has a better opportunity to prove the mantle to execute the projects successfully. After all, since the money is limited no one wants to take a chance!

With growing number of threats from internal users, companies are more into safeguarding their intellectual property. Hence ready to invest on information security.

I am sure there must be more to it, but all for good reasons!

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  1. April 14, 2009 at 10:54 AM

    Could not map the title to the article properly.You are mixing both high quality/low cost solutions with Information Security.

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  2. April 14, 2009 at 11:14 AM

    Thanks for the comment Vamshi.Point I was making is that in the current state, most of the organizations aren’t hesitant to spend on Information Security services… they want to utilize IS services but at reasonable (or low) cost and at the same time with out compromising on the quality. So, in today’s world IS consulting service providers have to provide same set of services at but low cost!What ever it is the case, unlike couple of years back companies now understand the importance of spending on IS services, which I feel is a welcome factor…

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