CISOs Are Spending More On Cybersecurity - But It Might Not Be Enough
techradar.pro, Tuesday, September 26,2023
Cybersecurity budgets are growing, but will it be enough?
Many businesses are allocating better budgets for cybersecurity, but the increases are coming at a somewhat slower pace - which unfortunately, won't be enough to tackle the rising number of threats businesses are facing daily, new research has claimed.
The 2023 Security Budget Benchmark Report, a new annual paper that analyzes detailed cybersecurity budget data published by IANS Research and Artico Search, surveyed 550 Chief Information Security Officers (CISO) from different industries, and found the average increase in security budgets across verticals is 6%.