Security spend to rise

IT spending is likely to increase for many organizations in 2010, according to a survey released last week by investment bank Pacific Crest Securities. In the survey of 80 CIOs, 71 percent of respondents said they plan to increase their 2010 IT budgets, with server investment ranking as the top priority, followed by security. Forty-eight percent of respondents, meanwhile, said security spending is likely to increase the most on a dollar basis in 2010. — AM