Thursday | 16 October, 2008
CIO
If only reducing costs was as easy as security, say CIOs
CIOs terrified of spyware, not vindictive staff.
Darren Pauli (Computerworld) 07 May, 2008 13:25:23

Conquering IT security is a breeze for CIOs, according to an IDC report.

The IDC Annual Forecast for Management report surveyed 363 IT executives from Australia (254 respondents) and New Zealand (109 respondents) across industries including finance, distribution, leisure and the public sector.

Information security was rated last place in the Top 10 challenges for CIOs.

Threats targeting the application layer were cited as the biggest concern (36 percent), while spyware (16 percent) was rated as a bigger threat than disgruntled employees, remote access, and mobile devices.

The CIOs top priority for the next 12 months was reducing costs and addressing a lack of resources. This was followed by meeting user expectations and developing effective business cases.

The top four IT investments for the next year will be in collaborative technologies and knowledge management; systems infrastructure; back office applications; and business intelligence.

Maintenance fees were unsurprisingly identified as the biggest IT expense by almost 35 percent of respondents. The figures in the report suggest a slight increase in expenditure since last year.

Hardware was the second biggest cost chewing up 23 percent of budgets, followed by software and then network costs. Outsourcing was rated the fifth biggest expense with costs set to continue to rise incrementally from 2007 to 2009.

IT expenditure has doubled in five years, according to IDC. Business splurges about 6.2 percent of operating expenses on technology, up from 3 percent in 2003, a figure which remained flat since 1996, with the exception of a .8 percent rise during the dotcom boom.

CIOs will allocate budgets to document management, Customer Relationship Management (CRM) tools, Enterprise Resource Planning (ERP) systems, and workflow management systems.

The top five hottest skills, according to respondents, are networking, IT service management, help desk, and enterprise applications.

More staff are leaving the enterprise than smaller businesses, according to figures which show an average employee turnover of 8 percent.

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    CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II 05 October, 2007 06:00:00

    For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders.
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    CIO Live Podcast #78: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires 28 September, 2007 17:34:25

    For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders.
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    CIO Live Podcast #77: Panasonic Speeds Up Trans-Pacific File Transfers, Part III 21 September, 2007 07:00:00

    Part three in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance.
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    CIO Live Podcast #76: Panasonic Speeds Up Trans-Pacific File Transfers, Part II 14 September, 2007 07:00:00

    Part two in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance.
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    CIO Live Podcast #75: Panasonic Speeds Up Trans-Pacific File Transfers, Part I 07 September, 2007 07:00:05

    Part one in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance.
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    Inside Symantec's Security Operations Center 16 October, 2008 07:38:00

    For Symantec clients, the Symantec Security Operations Center is the front line in the fight against network attacks. CSO toured the facility for an overview of how the services work, and for a look at some of the latest threats on the internet today
    The inside of the Symantec Security Operations Center looks like a scene out of the movie "War Games," and in many ways, the connection is fitting. The SOC, as it is known by Symantec employees, is in the business of detecting and analyzing network threats. And as malicious activity online gets increasingly more sophisticated, the war against cybercrime is definitely on.
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    Cyber security threats grow in sophistication, subtlety 16 October, 2008 08:26:00

    Researchers say malware, botnets, cyber warfare, threats to VoIP and mobile devices, and the "evolving cyber crime economy" are ever-more sophisticated threats
    The annual report from Georgia Tech Information Security Center identifies five evolving cyber security threats, and the news is not good.
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    Tough economic climate can heighten insider threat 16 October, 2008 07:09:00

    As companies downsize, they need to keep an eye out for disgruntled employees
    With a faltering economy resulting in increased jobs cuts and corporate belt tightening, security analysts are warning companies to be especially vigilant about protecting their data and networks against disgruntled employees.
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    Anonymous proxy servers: Necessary or evil? 15 October, 2008 07:13:00

    Some security experts believe anonymous proxy servers are only necessary if you're up to no good, while others see them as a legitimate tool for research, pen testing and the like. Who's right?
    If there is truly a gray zone in the struggle between online good and evil, anonymous proxy servers live there.
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    Four security lessons from the World Bank breach 15 October, 2008 07:39:00

    The World Bank is making headlines after a disputed report claims hackers managed to access their secure network for over a year. One security pro offers takeaways that everyone can learn from the breach
    According to a report from Fox News, several servers at the World Bank Group, an organization that offers economic assistance to developing countries around the globe, were repeatedly compromised and breached over the course of the last year.
CIO Webcast Innovation #8 - What are the biggest roadblocks to IT's involvement in innovation at your company?
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CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II
Listen to the latest edition of CIO Live which is now available for download.
Listen to the podcast
Sign up to the CIO Live email
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