Enterprise spending on cybersecurity is expected to hold steady in 2022, as studies show that nearly all CISOs are getting a budget increase or level funding in the new year—only a small fraction of security chiefs will see their budgets fall. CSO’s 2021 Security Priorities Study found that 44% of security leaders expect their budgets […]
Until very recently, cybersecurity has benefitted from year-on-year budget growth. These regular increases have enabled the security team to make investments that ensure protection against attacks and adherence to regulatory compliance. For some verticals, this is seen as a cost of doing digital business. Meanwhile, for others – retail and finance, for example – the […]
Information security has long had the reputation of being unstaffed and underfinanced, and that was before COVID-19. Under the current economic downturn, pressures have become even greater, with research company Pulse reporting on June 4th that 23% of security budgets are currently frozen and that 49% have been reduced. So when the CEO asks you […]
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