More than 70 percent of information security professionals have said their budgets shrank in the past six months.
But 53 percent said they did not expect spending to decrease any more in the remaining months of 2009, in the survey of 1,500 security professionals by not-for-profit organisation Information Systems Security Certification Consortium.
The survey also showed that nearly half of respondents experienced a personnel loss in their security departments due to the economy. Fifty-five percent said they did not anticipate more personnel cuts throughout the rest of 2009.
About one-third of survey respondents identified themselves as having hiring responsibilities, and of those 44 percent expect to be looking to hire additional security staff in the coming year.
Specific security skillsets managers are seeking include information risk management, operation security, certification and accreditation, security management practices, and security architecture and models.
"(ISC)2 is dedicated to helping our members throughout their careers, and that includes during difficult economic times," said W. Hord Tipton, executive director. The organisation is planning career clinics and workshops for information security professionals during the economic downturn.