More than a quarter of executives surveyed by PwC expect double-digit growth in security budgets in 2022. The trick is to spend that money wisely and effectively.
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With a rise in ransomware and other types of cybercrime, organizations realize they must be better prepared to combat the always growing threat of cyberattack. As a result, many companies expect their security budgets to increase in 2022. But rather than simply pour money into a budget, IT and business executives need to analyze their security and determine where those dollars should go. A new report from professional services network PwC offers tips on how to allocate your security spending.
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PwC’s “2022 Global Digital Trust Insights” report is based on a survey of 3,602 business, technology and security executives (CEOs, corporate directors, CFOs, CISOs, CIOs and C-Suite officers) conducted around the world in July and August 2021.
Among the respondents, 69%…
