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Financial Services, Gov't Spent Largest Percentage of IT Budget on Security in 2016

November 22, 2017 | Content Aggregator - Single Slide | Budgeting, Sizing

While most industries saw an increase in security spend as a percentage of IT budget in 2016, financial services (10–12 percent increase) and government (7–9 percent increase) experienced the largest increase. Health care and technology/IT services organizations each experienced a 4–6 percent increase, while education saw a decrease in security spend as a percentage of IT budget of 1–3 percent on average.
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