Category Archives: Cybersecurity Spending

Spend to save: The CFO’s guide to cybersecurity investment

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Attack volumes are up, and attackers are finding new ways to compromise corporate security. According to the HackerOne 6th Annual Hacker-Powered Security Report, ethical hackers found 65,000 vulnerabilities in 2022. What’s more, 92% of hackers said they could pinpoint weaknesses that scanning tools missed, making reliance on detection technology alone a dangerous prospect. At the […]

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The One Place IT Budget Cuts Can’t Touch: Cybersecurity

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If IT spending is slowing, will business leaders follow a similar approach for cybersecurity budgets? Probably not. Gartner predicts that end-user spending on both security technology and services will see an annual growth rate of 11% over the next four years. And the market is anticipated to reach $267.3 billion in 2026.  Many security professionals […]

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How Much is the U.S. Investing in Cyber (And is it Enough)?

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It’s no secret that cyberattacks in the U.S. are increasing in frequency and sophistication. Since cyber crime impacts millions of businesses and individuals, many look to the government to see what it’s doing to anticipate, prevent and deal with these crimes. To gain perspective on what’s happening in this area, the U.S. government’s budget and […]

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Security Awareness Training: Beyond Cliche Advice for Remote Workers

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I’ve read what seems like a million articles on how to make security awareness training more effective for remote workers. And honestly, they all seem to say the same thing. Teach employees the basics and give them a list of things they should do to keep your data safe. Almost every article includes the same […]

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Building Effective Business Cases to Cover Cybersecurity Costs

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With the global average cost of a data breach totaling $3.86 million in 2020, the topic of security continues to be a major pressure point and a board-level agenda item. So why do security programs still seem to lack adequate funding, urgency and support until a breach or lawsuit occurs or auditors demand change? Verizon’s […]

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How Lean Security Teams Can Overcome the Cybersecurity Spending Paradox

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Cybersecurity spending is something of a corporate paradox. Ultimately, the discipline of cybersecurity is about risk reduction. You purchase an endpoint protection platform and other security tools–network firewalls, data loss prevention, etc.–… Continue reading How Lean Security Teams Can Overcome the Cybersecurity Spending Paradox→

‘Clear and Present Danger’: Why Cybersecurity Risk Management Needs to Keep Evolving

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The phrase ‘future-proof’ is seductive. We want to believe technology prepares us for the future. But with threat actors and developers in an arms race to breach and protect, cybersecurity risk — and cybersecurity risk management — are always changing. As a recent report by World Economic Forum shows, businesses and other entities should know […]

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Cybersecurity Insurance Pros and Cons: Is it the Best Policy?

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Cyberattacks can cause major loss of revenue for businesses and other groups of all sizes. As a result, cybersecurity insurance is being discussed more and more. The prospect of getting money back after an attack becomes increasingly appealing. But, is it right for every organization? What are the pros and cons? Who already has it? […]

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Managing Cybersecurity Costs: Bake These Ingredients Into Your Annual Budget

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As businesses across all industries evolve, once discretionary expenses become operating costs.  Insurance coverage, for example, is pretty much ‘a must’ across many industries. The latest may be cybersecurity costs, because protecting your most important currency, information, requires ongoing attention. When looking at your cybersecurity budget, factor in every part of the recipe. What are […]

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11 Stats on CISO Spending to Inform Your 2020 Cybersecurity Budget

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A bigger cybersecurity budget is a tool to address security risks, business needs and industry changes. Here are 11 statistics on CISO spending to help inform your 2020 cybersecurity budget.

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