Results are in: Cybersecurity Budgets continue to grow

Most companies are taking a cautious approach in their cybersecurity budget; however, threats are expanding and protecting the assets becomes a priority. A comprehensive cybersecurity solution is a long way investment, but it is definitely worth it.??

In our latest survey, more than 40% of organizations affirmed that they would keep their cybersecurity budgets stable, while 34,2% say that they will slightly increase it.? It is not surprising that companies direct their efforts towards more robust and efficient cybersecurity solutions, and it requires money for implementation and to monitor the performance of these tools.??

Building an efficient budget could be challenging, and it is something that CISOs have to deal with nowadays. There are several factors to take into consideration, such as business industry, remote work of the employees, and sensitivity of the data.

In any case, it is necessary that cybersecurity leaders spend their money wisely, because a good cybersecurity strategy could be expensive, but the cost of a breach could go much higher.??