ID Number: G00161424



Market Trends: Financial Services, Information Security Strategies, Worldwide, 2008
1 October 2008
 
Ruggero Contu   Vittorio D'Orazio  

The financial services industry considers IT security as a top priority in 2008, with investments remaining strong despite the economic downturn. Surveys of organizations in North America and Europe confirm this analysis.




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Pages: 11






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Table of Contents


    
 What You Need to Know

    
 Key Trends

    
 Contributing Factors to Trends

    
 Analysis

    
 Financial Services Security Spending Trends

    
 Financial Services Security Budget Set to Grow in 2008
    
 Despite FSIs Planning Cuts on Overall IT Budgets, IT Security Spending Is Not Affected
    
 Main Drivers Behind Spending on IT Security
    
 Top Business Threats
    
 Cost Estimate of Security Breaches
    
 Technology and Product Selection Strategies

    
 Top Security Technology Priorities
    
 Trends in Product Selection
    
 Security Decision Making Is Shifting From Midtier Management to Board/Top Management

    
 Recommended Reading


List of Tables


Table 1.  
 Gartner's Insurance Client Inquiries
 

Table 2.  
 What Is the Highest Level in Your Organization at Which Security Issues Are Discussed and Decisions Made on a Regular (at Least Quarterly) Basis?
 

List of Figures


Figure 1. 
 IT Services Budget Changes Illustrate Differences in Demand for Security Systems and/or Services Between European and North American FSIs
 

Figure 2. 
 In North America, Security Concerns Remain Paramount in Financial Services: Top Security Threats to Business Security
 

Figure 3. 
 Level of Importance of Security Solutions Across Banks and Insurers in North America
 



Browse Topics:
 
Security Software
Financial Services Marketplace
Enterprise Network Security Equipment
Security Spending
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This document is published in the following Dataquest Market Insights:
 
Industry Market Strategies Worldwide
Security Solutions Worldwide




© 2008 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.




Resource Id: 768631