More than two-thirds of IT security investment wasted, says Verizon Business

Businesses are pumping information security investment into all the wrong
areas, research has revealed.

Organisations are typically over-investing in some areas, while neglecting
other parts that would yield significant gains, said Peter Tippett,
vice-president of technology and innovation at Verizon Business.

"Up to 40% of money spent on IT security is wasted," he told Computer Weekly.