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Global cybersecurity spending is expected to grow by 12.2% in 2025, according to the latest forecast from the IDC Worldwide Security Spending Guide. The rise in cyber threats is pushing organizations to invest more in their defenses. AI tools are makin… Continue reading Cybersecurity spending set to jump 12.2% in 2025
CISOs face mounting pressure to spend wisely on security. Yet, many organizations remain vulnerable due to misplaced priorities and inefficient budgeting. This article explores common pitfalls and offers strategies to strengthen cybersecurity. Recent d… Continue reading Smart cybersecurity spending and how CISOs can invest where it matters
Managing cybersecurity and IT budgets is a critical element of organizational strategy. With increasing threats to data security, the rise of ransomware, and the need to protect IT infrastructure, organizations must invest wisely in cybersecurity to st… Continue reading Cybersecurity spending trends and their impact on businesses
Amidst global economic and geopolitical uncertainty, markets are jittery, companies are spending frugally, and investors remain cautious, according to IANS Research and Artico Search. Security budgets are also affected by these realities with most budg… Continue reading End of an era: Security budget growth slows down
In 2024, buyers are increasingly focused on cost efficiency, AI functionality, and enhanced security, according to Gartner. The report reveals that 61% of buyers are seeking upgrades for more functionality in their recently purchased software. The need… Continue reading 92% of companies eyeing investment in AI-powered software
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
The CISO role was partially shielded from the macroeconomic challenges of 2023, according to a new research from IANS and Artico Search. 20% of CISOs did not receive a raise The most recent average CISO total compensation increase was 11%, down from 14… Continue reading One in five CISOs miss out on pay raise
Australian and New Zealand businesses will increase spending on cybersecurity by double digits… but they might not be able to spend their way to safety. Continue reading Australia, New Zealand Enterprises Spend Big on Security — But Will It Be Enough?
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 […]
The post Spend to save: The CFO’s guide to cybersecurity investment appeared first on Security Intelligence.
Continue reading Spend to save: The CFO’s guide to cybersecurity investment
For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. 2023 forecast for worldwide IT spending In its monthly forecast for worldwide IT … Continue reading Technology investments feel the impact of weakening economy