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Why cybersecurity spending will drive business digitization

07
Oct
2016
Why cybersecurity spending will drive business digitization

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The days of CEOs regarding data protection technologies and staff as a budget drain and operating tax that stifles innovation are over. Galvanized by high-profile breaches, companies are shelling out more money to shore up corporate defenses. CEOs also recognize that security is table stakes for building digital products and are entrusting their CISOs with more responsibilities.

Fifty-nine percent of 10,000 C-Suite executives polled by PwC for the new Global State of Information Security Survey said they are investing more in cyber-security, including data analytics, real-time monitoring, authentication tools that include biometrics and managed security services (MSS).

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