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All issuesVolume 322, Issue 5IT NewsCxO

74% Of CISOs Are Increasing Crisis Simulation Budgets

HelpNet Security, Tuesday, January 28th, 2025

In the aftermath of 2024's high-profile cybersecurity incidents, including NHS, CrowdStrike, 23andMe, Transport for London, and Cencora, CISOs are reassessing their organisation's readiness to manage a potential 'chaos' of a full-scale cyber crisis, according to Hack The Box.

Many CISOs across the UK and US are concerned about their organization's ability to handle a cyber crisis. This is owing to several reasons - the rising volume of cyber incidents (31%), lack of incident response planning (20%), and a lack of realistic, stress-tested crisis simulations (19%). This drives CISOs to reallocate budgets towards crisis preparedness, as they seek to maintain security posture.

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