UK Cybersecurity Budgets Set to Skyrocket: More Money, More Problems?
UK organizations are upping their cyber game, with a projected 31% budget increase. But as Infosecurity Europe’s Jon Davis warns, money can’t buy cyber-resilience if it’s spent on shiny tools instead of essentials. It’s not just about bigger budgets; it’s about smarter spending to truly keep the hackers at bay!
Hot Take:
UK organizations are finally breaking the bank for cybersecurity! With a 31% budget increase in the pipeline, it looks like they’re ready to take on cyber-villains with cash cannons. But remember, folks: more money, more problems—especially if you’re spending it on shiny trinkets rather than shoring up the basics!
Key Points:
- UK organizations are planning a 31% increase in cybersecurity budgets over the next 12 months.
- This projected increase more than doubles Gartner’s 15% forecast.
- 71% of organizations feel their budgets are adequate for cyber safety.
- Key investment areas include application security, network security, cloud security, and DevSecOps.
- Despite rising budgets, 47% of cybersecurity leaders face challenges engaging at the board level.
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