Tuesday, September 21, 2021

German e-commerce industry has security jitters

Germany’s small and medium-sized electronic commerce companies are putting security issues at the top of their agenda, according to a new survey by an industry group.

Among members of Electronic Commerce Forum e.V. (Eco), 87 per cent believe that spending on security for company networks and Web servers will achieve growth above the IT industry average; 22 per cent are calling it the boom topic for 2002.

On average, companies doubled their spending for security between 2000 and 2001, even before heightened awareness of the issue hit the public after the Sept. 11 terrorist attacks in the U.S.

Still, managers need to be convinced of the crucial need to beef up their competency in this area, said Olaf J

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