The economy has seen better days. Many IT departments started 2011 with cautious optimism and grand plans to modernize and expand, but amid the turmoil of the past month or so those plans have been whittled away.

Uncertainty. Even before the current economic crises caused by the political extortion over the debt ceiling, and the subsequent historic downgrading of the credit rating of the United States, the economy was on a shaky recovery at best. In a survey of 563 IT professionals conducted by nCircle in March, 48 percent of respondents claimed the economic downturn had impacted security initiatives in their organization–up 11 percent from 2010.