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 security with basic technical safeguards and a small staff of security 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 infosec strategies. They are also willingly increasing IT security budgets. According to ESG research, 62% of organizations planned to increase information security spending in 2014 and it’s likely that even more will do so next year (ESG Research Report, 2014 IT Spending Intentions Survey, February 2014).
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