The 3rd Global TMT Security Survey
The last edition of the TMT Global Security Survey found that many Technology, Media and Telecommunication companies were just managing to keep up with the growing threats in information security, despite increased spend. What effect does the current economy have on digital security, and what efforts do TMT companies undertake to address the growing number of threats they are facing?
Deloitte’s third edition of the Global Security Survey for the Technology, Media & Telecommunications (TMT) industry, “Deloitte Global TMT Security Survey 2009,” was based on in-depth research, mostly in-person, with over 200 TMT organizations around the world. Respondents included companies headquartered in every major region: North America (NA); Europe, Middle East, Africa (EMEA); Asia Pacific (APAC); Japan; and Latin America and the Caribbean Regional Office (LACRO). The organizations who participated in the survey range from the large (with annual revenues of over $15 billion) to those with less than 500 employees.
Key findings of the survey
The TMT industry is feeling the pressure of the global recession, which is having a profound effect on their spending. Last year’s survey reported that many TMT companies were just managing to keep their heads above water when it came to security. This year’s results indicate companies are explicitly scaling back, which is having a detrimental impact on all aspects of TMT security.
The survey revealed the following key findings:
- Security investment is spiraling down with the economy
- Social networking adds to the list of insider threats
- Outsourcing outpaces security
- Going public about privacy
- Regulatory issues are moving to the forefront
- Virtual and physical security worlds collide
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