security spending
Cybersecurity spending trends and their impact on businesses
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 …
End of an era: Security budget growth slows down
Amidst global economic and geopolitical uncertainty, markets are jittery, companies are spending frugally, and investors remain cautious, according to IANS Research and Artico …
92% of companies eyeing investment in AI-powered software
In 2024, buyers are increasingly focused on cost efficiency, AI functionality, and enhanced security, according to Gartner. The report reveals that 61% of buyers are seeking …
AI-related security fears drive 2024 IT spending
Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While …
One in five CISOs miss out on pay raise
The CISO role was partially shielded from the macroeconomic challenges of 2023, according to a new research from IANS and Artico Search. 20% of CISOs did not receive a raise …
Technology investments feel the impact of weakening economy
For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. 2023 …
Inadequate cybersecurity investments leave rail industry at risk
The popular notion might view the rail industry as a laggard compared to auto or high-tech manufacturing when embracing Industry 4.0. Yet railways are increasingly dependent …
What to consider when budgeting for 2023’s OT cybersecurity needs and wants
Regardless of what 2023 holds in store for the economy, your organization’s financial commitment to supporting OT cybersecurity efforts is being decided now. In the public …
Cloud-native application adoption puts pressure on appsec teams
Oxeye revealed five predictions expected to shape enterprise security spending in 2023. The predictions follow industry-wide research, which shows the industry is shifting …
CISOs, rejoice! Security spending is increasing
Three factors influencing growth in security spending are the increase in remote and hybrid work, the transition from virtual private networks (VPNs) to zero trust network …
What $1B in cybersecurity funding can mean for US state, local governments
How do you best spend a cybersecurity budget you have long been hoping you’d get? That’s the question state, local, and territorial (SLT) governments are starting to ask …
Making a business case for security in a world of tightening budgets
With talk of a possible recession approaching (if one isn’t already upon us), many businesses are already applying a higher level of scrutiny to spending—even for …
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