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Gartner Survey Finds Data Security, Not Compliance, is Driving IT Security Spending in Asia Pacific

September 9, 2008
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Gartner Survey Finds Data Security, Not Compliance, is Driving IT Security Spending in Asia Pacific

Gartner, September 4, 2008

A recent Gartner survey of IT security professionals in Australia, China and India, found that the pure comfort of data security is driving force behind the growing IT security spending in Asia Pacific. According to the study, 40 percent of the respondents said their 2008 IT security budget has increased over 2007, while 45 percent said it had stayed “about the same”.

“Data security is the top driver for security spending in organizations in the three countries surveyed, reflecting growing concerns about personal data privacy, especially in government, financial services and healthcare.”

In comparison, Western Europe and North America are more focused on IT security for the sake of government and industry compliance, while “30 percent of respondents in Asia Pacific chose “none” of the government or industry standards on the list of what is driving their IT security spending”. Looking at our own growth in Asia (http://www.surety.com/news/article/surety_continues_international_momentum_with_samsung_sds_reseller_partnersh/ and http://www.surety.com/news/article/061708_new_reseller_partnership_in_korea/), our momentum has been part data security, part compliance. In 2006, the Korean government refined the regulations and revised laws on certified e-document authority (CeDA) to promote the use of electronic documents. As organizations transform their large-scale archives into electronic documents to realize cost savings and simplified business processes associated with the paperless office, AbsoluteProof will ensure that those electronic documents have not been altered or tampered in any way at any point during their lifecycles.

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