The atypical clarity and speed with which I get to the point may cause you to think someone else wrote this. Security budgets are climbing rapidly. At least some portion of the extra funding will be devoted to projects delayed during the Y2K budget freeze. Also, the increase in overall budgets says nothing about distribution or planning. In many companies, budget increases are earmarked for specific e-commerce offerings, and do not necessarily signal more spending in other critical infosec areas.
Viruses are currently the top concern of security practitioners.
This is different from years past, where hacking-related attacks were number one, followed by viruses. The fact that the survey was conducted a couple of weeks after LoveLetter hit probably has something to do with this. Securing Web and e-commerce services is the number one project for coming months. Insiders continue to pose a more serious risk than outsiders. Several types of breaches, including electronic sabotage, equipment theft and access abuses, increased since last year.