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How to Distribute Your Technology Budget

The new European General Data Protection Regulations came into effect on 25 May, although countries and institutions have a period of two years to prepare for their final implementation. Given this situation, and to comply with the requirements of the standard, one would hope for companies to increase their investment in computer security. However, the scenario turns out to be quite different, according to a recent report from Gartner, a technology consultancy.

The firm’s experts warn that security spending generally makes up for between 1 and 13% of the corporate budget for technology. The important thing, analysts say, is not the size of the budget designated to secure and protect systems, but how the budgets are used.

“Clients want to know if what they are spending on information security is equivalent to others in their industry, geography and size of business in order to evaluate whether they are practicing due diligence in security and related programs,” explained Rob McMillan, research director at Gartner.

However, these comparisons between companies or sector-averaged data are not much use, according to the analyst. “You could be spending at the same level as your

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