There’s an inherent tension between cyber risk and security spending. Risk keeps growing as threat actors capitalize on basic security mishaps.
In an effort to shore up the business technology foundation, organizations are investing more in security, but there is a limit to how much those budgets can grow.
Recent research shows security budgets have tripled in recent years. At the same time, the severity and frequency of attacks has increased.
Now, in the backdrop, economic uncertainty is adding another wrinkle to business security strategies as C-suite leaders try to corral — or cut — costs.
Here are six stories from Cybersecurity Dive that show how businesses are strategizing security spending while calculating the costs of threat landscape: