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Survey says … more spending to protect IP this year

Almost three-fourths of businesses and organizations plan to spend more on securing intellectual property (IP) in 2007, according to survey results by Enterprise Strategy Group released today.

That increased emphasis will bring new sales and service opportunities to the channel, said Jon Oltsik, senior analyst for Milford, Mass.-based ESG. The service opportunities will come in helping clients develop better policies for protecting their IP and then implementing the technology to enforce them.

“It’s very common to find policies in place, but those policies are typically paper thin,” Oltsik said. “There’s a real preponderance towards manual processes, and that just doesn’t scale.”

ESG surveyed 102 information security professionals, and 44% said they plan to spend “significantly more” on protecting IP this year than they did last year. Another 30% said they will spend “slightly more.”

For businesses and organizations that have already invested in government-mandated data protection, “looking at intellectual property is a logical step in the right direction,” Oltsik said. “It’s the first year that we’re seeing broader-based adoption. Over time it’s going to become more mainstream.”

The survey said it’s “startling” that 55% of respondents rely on manual processes to protect IP. Oltsik said that shows a need for more security automation, which can bring even more channel opportunities.

ESG surveyed businesses and organizations with 1,000 to 20,000 employees and released its results in conjunction with Reconnex, a data leak prevention vendor in Silicon Valley.

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