PricewaterhouseCoopers and CIO magazine have released the findings of a study conducted earlier this year of 8,000 senior IT executives. The survey, titled The State of Information Security 2004, covers spending habits across 62 countries. This is the largest security study ever conducted so far.
The biggest moving factor for spending money on security needs still reflects that governance and compliance issues are priority. This is usually the case when, for example, healthcare institutions implement biometric technology to comply with HIPAA.
Another focus that affects the purchasing decision of biometrics is identity management. Best practice organizations expect to increase spending for identity management to 47%. In a somewhat related discovery, 51% of organizations in North America reported that data protection, disclosure and destruction are part of the security policies, compared to Asia’s 44%, Europe’s 40%, and South America’s 24%.