Regulatory compliance and protecting intellectual property (IP) are among the top reasons driving demand for products – not phishing, worms, and hack attacks, according to a recent report.

Some 50 North American chief information security officers (CISOs) participated in the Merrill Lynch & Co. Inc. survey. Put simply, they said regulatory compliance ranks as the top business reason driving demand for security software. Next came protecting access by unauthorized intrusions and unplanned downtime.

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