Post-COVID-19 Security Spending UpdatePost-COVID-19 Security Spending Update
Security spending growth will slow in 2020, but purse strings are looser than for other areas of IT.
September 8, 2020
As we reported earlier this summer, the COVID-19 pandemic caused a lot of interruptions to security budgets and spending initiatives. With freezes in projects and hiring reported broadly among practitioners around the enterprise world, it was clear that organizations were holding tight while they got a better read on the economic environment.
As we head toward the fall, considerable public health and political uncertainty remains. Yet analysts believe some of those initial panic freezes may be thawing out in the cybersecurity space as organizations recognize the need to spend more to better secure a longer-term remote workforce, as well as de-risk acceleration of certain digital transformation strategies needed to accommodate new consumer and B2B realities.
Here's what the latest numbers are telling us.
About the Author(s)
You May Also Like
Hacking Your Digital Identity: How Cybercriminals Can and Will Get Around Your Authentication MethodsOct 26, 2023
Modern Supply Chain Security: Integrated, Interconnected, and Context-DrivenNov 06, 2023
How to Combat the Latest Cloud Security ThreatsNov 06, 2023
Reducing Cyber Risk in Enterprise Email Systems: It's Not Just Spam and PhishingNov 01, 2023
SecOps & DevSecOps in the CloudNov 06, 2023
9 Traits You Need to Succeed as a Cybersecurity Leader
The Ultimate Guide to the CISSP
The Burnout Breach: How employee burnout is emerging as the next frontier in cybersecurity
Selling Breaches: The Transfer of Enterprise Network Access on Criminal Forums
5 Reasons To Move your PKI Deployment to the Cloud