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Planning Your 2019 Cyber Security Budget: A How-To Guide
As we have entered the new year, all of us are busy planning our IT budgets for the year. Have you discovered how to plan your cybersecurity budget for 2019? If not, then let’s investigate some facts and figures as to why cybersecurity should remain the highest priority in creating your IT budget. It is not a matter of if you will be hacked, but when? In the security industry, we all see a significant advancement every year in technology. However, the attackers are getting access to similar technologies and are launching even more sophisticated attacks. We all deal with a constant battle of protecting enterprises from cyber threats which require: Designing a cybersecurity framework. Allocating sufficient budget. Identifying the right tools and best cybersecurity partner. As IT security budgets are fast growing, let’s throw some light on the budgets across the globe. The fastest growing IT security budgets are from Asia-Pacific with 15% dominated by India and China. On average, the United States is rising by 5.1%. Over the last 5 years, there has been an incredible rise in the security budget makes it very clear that the larger the organization, the greater the spending on security.
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