Time to Address… Issues that Impact IT Security

In the past, cybersecurity was thought of as an IT problem where CISOs were given meager budgets and told to handle IT with basic technical safeguards and a small staff of administrators. Fast forward to 2014 and things have certainly changed now that business mucky-mucks read about data breaches in the Wall Street Journal on a daily basis.

CEOs and corporate boards are now struggling to understand cyber risk and gain greater oversight of strategies. They are also willingly increasing IT security budgets. According to research, 62% of organizations planned to increase information security spending in 2014 and it’s likely that even more will do so next year ( Research Report, 2014 IT Spending Intentions Survey, February 2014).

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