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Using our software solutions
partners, we can help your organisation achieve
compliance with the Data Protection Act (1998)
, the Turnbull Report (1999) , Regulation
of Investigatory Powers Act (2000) , Freedom
of Information Act 2000, BS7799 Certification
, Anti-money Laundering with the Criminal
Justice Act 1988 , Drug Trafficking Act 1994
& the Terrorism Act 2000. In addition, any
company now trading with the US or WTO may
need to comply with the US Patriot Act & the
US Sarbanes-Oxley Act 2002.
Spending on internet security
is expected to soar during 2004 and beyond
in the wake of the recent outbreaks of computer
viruses. Big companies and software firms
are preparing themselves for a surge in computer
security budgets amid fears of system breakdowns.
Small businesses also voiced concern about
rising costs of security.
David Weymouth, Chief
Information Officer at Barclays Bank said
that: “Security is a growing part of our overall
IT spend. For big companies this has now become
a big issue. What happens if someone knocks
one of your systems down ? Companies are dependent
on computing, even for things like e-mail.”
Barclays is one of the UK ’s biggest spenders
on IT with a budget of around £750M with the
security element being as much as £50M a year.
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