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All issuesVolume 303, Issue 2IT NewsCxO

CISOs Expect Stable It Security Budgets In 2023

Security Boulevard, Thursday, June 15,2023

Cybersecurity budgets are on the rise despite continued economic uncertainty as CISOs and IT decision-makers (ITDMs) report increased confidence in their cybersecurity systems, especially as it relates to end-user compliance.

These were among the findings of a Nupsire survey of 200 CISOs and ITDMs, which also revealed respondents are increasingly concerned with software applications and email and collaboration tools as security challenges.

Consistent with last year's study, CISOs/ITDMs' greatest challenges include adapting to the rapid rate of change within the cybersecurity landscape, with six in 10 respondents believing their companies are 'somewhat vulnerable' or 'extremely vulnerable' to attack.

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