- Published: 10 July 2012
- Written by NStinchcombe
Survey taken at Infosecurity Europe 2012 reveals that almost half of IT security professionals are focusing on cost savings at the expense of security
Ramat Gan (Israel) and London (UK), 10th July 2012:According to research results just announced by Tufin Technologies, the market-leading provider of Security Policy Management solutions, companies are making cost savings at the expense of IT security. Analysis of Tufin’s Infosecurity Europe Survey, confirms that 48 per cent of businesses focus their efforts on reducing expenditure at the expense of security. In addition, 27 per cent ofIT security experts responded that the IT security budget is being spent on compliance issues that do not improve security. IT security specialists from 119 organisations took part in the survey.
Shaul Efraim, Tufin's vice president of Marketing and Business Development, says these findings are of great concern for security professionals, as they show that the effects of the current economic environment are starting to reshape the way that IT security is deployed within organisations - and not always for the better.
Whilst economic stringencies can initially have a positive effect on management processes in many companies, he explained that the longer-term consequences tend not to be anywhere near as favourable."From an audit and governance perspective, this is potentially bad news, as it means that the normal efficient business and management processes are being subverted by financial cuts. This cannot be good for any organisation over time," he said. In 2012, 62 per cent of respondents report the average firewall rule base has 100’s of rules. This is a 14 per cent increase from the previous survey conducted in 2011, which speaks to the growing complexity of large enterprise networks. 65 percent of respondents reported that they manage four or more separate network security consoles – with a 32% managing more than 10. This might explain why 62% of respondents reported that they or someone they knew had been asked to make a configuration change that was against their better judgment. With almost half of respondents reporting that they plan to deploy next generation firewalls in the coming year, the complexity issue is bound to remain a problem.
It's not all worrying news; as Efraim explained that ten per cent of respondents have the capacity to conduct continuous firewall audits, while 40 per cent are considering a move in that direction in response to new legislation such as the EU Directive on Privacy.
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ENDS
About Tufin Technologies
Tufin™ is the leading provider of Security Policy Management solutions that enable companies to cost-effectively manage their firewall, switch and router policies, reduce security and business continuity risks, and ensure Continuous Compliance with regulatory standards. The award-winning Tufin Security Suite provides security teams with powerful automation that slashes the time and costs spent managing change and successfully passing audits. Founded in 2005, Tufin serves more than 900customers in industries from telecom and financial services to energy, transportation and pharmaceuticals. Tufin partners with leading vendors including Check Point, Cisco, Juniper Networks, Palo Alto Networks, Fortinet, F5, Blue Coat, McAfee and BMC Software, and is known for technological innovation and dedicated customer service.
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