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 stay secure. This article shares key insights from cybersecurity budget surveys conducted in 2024. Despite massive security spending, 44% of CISOs fail to detect breaches Despite global information security spending projected to reach $215 billion in 2024, 44% of … More
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