How much should IT spend on security?

How much does your IT department spend on security? How do you match up with your peers? A recent survey has the answers.

The average company spends 5% of its total IT budget on security measures, according to a recent Gartner survey of 1,500 IT managers.

In 2009, companies spent an average of $525 per employee on security. That’s compared to $636 in 2008, and $510 in 2007.

Where are security funds being allocated? Of the total security budget, companies spent:

  1. 36% on security personnel
  2. 25% on software
  3. 20% on hardware
  4. 10% on outsourced services, and
  5. 9% on consulting.

Do your security spending habits match up with those figures? Let us know in the comments section.