New York (Dec. 5, 2003) -- Despite a track record of vulnerability to information technology security breakdowns, fast-growth small and midsized businesses aren't increasing their IT security spending, according to PricewaterhouseCoopers.
The Big Four firm's survey of chief executives at 402 companies with annual revenues ranging from $5 million to $150 million found that 46 percent of the companies suffered compromises in their IT security over the past year, but only 15 percent plan IT budget increases, and among those "relatively few" identified security as a priority.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access