Stop panic buying your security products and start prioritizing

As 2024 is rounding the corner, many companies are making a fresh start with a new cybersecurity budget. But with the growing number of cyberattacks and their increasingly complex nature, even those companies whose cybersecurity budgets have gone up fo… Continue reading Stop panic buying your security products and start prioritizing

Network security tops infrastructure investments

Network security is both the top challenge and the top investment priority for enterprise IT leaders, according to ISG. Network security challenges 60% of respondents to the ISG survey on network modernization ranked network security among their top fi… Continue reading Network security tops infrastructure investments

Organizations rethink cybersecurity investments to meet NIS Directive requirements

Despite a 25% increase of the cost of major cyber incidents in 2022 compared to 2021, the new report on cybersecurity investment from ENISA reveals a slight increase of 0,4% of IT budget dedicated to cybersecurity by EU operators in scope of the NIS Di… Continue reading Organizations rethink cybersecurity investments to meet NIS Directive requirements

ChatGPT’s popularity triggers global generative AI investment surge

While AI is not a new technology – companies have been investing heavily in predictive and interpretive AI for years – the announcement of the GPT-3.5 series from OpenAI in late 2022 captured the world’s attention and triggered a surge of investm… Continue reading ChatGPT’s popularity triggers global generative AI investment surge

AI helps leaders optimize costs and mitigate risks

AI is dominating the mindshare of IT leaders this year and next, as 72% believe their organization will be using more AI in the next two to three years, according to Snow Software. While AI may be the top priority for IT leaders for the foreseeable fut… Continue reading AI helps leaders optimize costs and mitigate risks

Most cybersecurity investments aren’t used to their full advantage

While organizations are slashing budgets across other departments, IT and security budgets are growing to address evolving IT infrastructure and rising threats from new tactics such as AI-based attacks, according to Axonius. Budget growth in IT and sec… Continue reading Most cybersecurity investments aren’t used to their full advantage

AI-related security fears drive 2024 IT spending

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While generative AI has not yet had a material impact on IT spending, investment i… Continue reading AI-related security fears drive 2024 IT spending

GenAI investments surge, anticipated to hit $143 billion by 2027

Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with… Continue reading GenAI investments surge, anticipated to hit $143 billion by 2027

Business resilience becomes primary force behind cybersecurity investments

Over 80% of northern European organizations emphasize that the need to ensure business resilience is the top driver for their cybersecurity investments, according to Nixu. The report reveals both encouraging progress and increasing concerns. Alarmingly… Continue reading Business resilience becomes primary force behind cybersecurity investments

The collaborative power of CISOs, CTOs and CIOs for a secure future

In this Help Net Security interview, Phil Venables, CISO at Google Cloud, discusses the results of a recent Google report on board collaboration with the C-suite — particularly the CIO, CTO, and CISO to stay current with trends and prioritize security,… Continue reading The collaborative power of CISOs, CTOs and CIOs for a secure future