IT Security Spending Will Increase to Match Cybercrime Threat in 2009


SAN JOSE, California, January 12 /PRNewswire/ --

- Finjan's Web Security Survey Finds That Enterprises Increase Their IT 
Security Budgets for 2009 While Their Overall IT Budgets Tend to be Reduced

Finjan Inc., a leading provider of secure web gateway solutions for the
enterprise market, today announced the findings of its IT security survey
conducted during H2/2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080618/309345 )

In light of the economic downturn and rising cybercrime attacks as
indicated in Finjan's Web Security Trends Report Q4 2008 (
http://www.finjan.com/Content.aspx?id=827), Finjan conducted an online survey
among 200 IT and security professionals. The survey focused on determining
the trends for allocating IT budgets in 2009 compared to 2008.

The results reveal that the total IT budgets for 2009 tend to be reduced
compared to 2008. However, the IT security budget outlook was more optimistic
since organizations intend to dedicate a larger part of their total IT
budgets to IT security.

Key findings from the survey:

    - 38% of all respondents stated that they do not expect a change in their
      2009 IT budgets, while 34% indicated that they expect them to be 
      Slightly smaller - reflecting the general declining trend in corporate 
      budgets.

    - 34% of the respondents indicated that their IT security budgets for
      2009 will increase, indicating a general trend that organizations will
      allocate a larger part of their overall IT budget to IT security. 43% 
      of all respondents expect their IT security budget for 2009 to remain 
      the same.

    - The survey also found that the upward trend in IT security budget
      allocation was more pronounced in the financial and governmental 
      sectors than in others.



"During an economic downturn it is to be expected that all budgets come
under scrutiny. Organizations are trying to get the most out of their
spending and reduce the Total Cost of Ownership (TCO) of their IT investments
- efficiency being the name of the game." said Yuval Ben-Itzhak, Chief
Technology Officer at Finjan. "While 2008 saw IT security departments facing
new challenges in protecting valuable business data against an
ever-increasing wave of cybercrime attacks, 2009 is adding a further economic
challenge to the mix. As a result, organizations are looking for a
comprehensive security solution with low TCO that covers all their Web
security needs and is also simple and easy to manage." added Ben-Itzhak.

About Finjan

Finjan is a global provider of secure web gateway solutions for the
enterprise market. Our real-time, appliance-based web security solutions
deliver the most effective shield against web-borne threats, freeing
enterprises to harness the web for maximum commercial results. Finjan's
real-time web security solutions utilize patented behavior-based technology
to repel all types of threats arriving via the web, such as spyware,
phishing, Trojans, obfuscated code and other malicious code, securing
businesses against unknown and emerging threats, as well as known malware.
Finjan's security solutions have received industry awards and recognition
from leading analyst houses and publications, including Gartner, IDC, Butler
Group, SC Magazine, eWEEK, CRN, ITPro, PCPro, ITWeek, Network Computing, and
Information Security. With Finjan's award-winning and widely used solutions,
businesses can focus on implementing web strategies to realize their full
organizational and commercial potential. For more information about Finjan,
please visit: http://www.finjan.com.

(c) Copyright 1996-2009. Finjan Software Inc. and its affiliates and
subsidiaries. All rights reserved. All text and figures included in this
publication are the exclusive property of Finjan and are for your personal
and non-commercial use. You may not modify, copy, distribute, transmit,
display, perform, reproduce, publish, license, create derivative works from,
transfer, use or sell any part of its content in any way without the express
permission in writing from Finjan. Information in this document is subject to
change without notice and does not present a commitment or representation on
the part of Finjan. The Finjan technology and/or products and/or software
described and/or referenced to in this material are protected by registered
and/or pending patents including European Patent EP 0 965 094 B1 and U.S.
Patents No. 6092194, 6154844, 6167520, 6480962, 6209103, 6298446, 6353892,
6804780, 6922693, 6944822, 6993662, 6965968, 7058822, 7076469, 7155743,
7155744, 7185358, 7418731 and may be protected by other U.S. Patents, foreign
patents, or pending applications. Finjan, Finjan logo, Vital Security,
Vulnerability Anti.dote, Window-of-Vulnerability, RUSafe and SecureBrowsing
are trademarks or registered trademarks of Finjan Inc., and/or its affiliates
and subsidiaries. All other trademarks are the trademarks of their respective
owners.

Media Contacts
    
    US                                             UK
    Jan Wiedrick-Kozlowski                         Neil Stinchcombe
    Activa PR                                      Eskenzi PR Ltd.
    Tel. +1-585-392-7878                           Tel: +44(0)208-449-1007
    jan@activapr.com                               neil@eskenzipr.com



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