When Penny-Pinching Attracts Cybercriminals: The Irony of Cutting Cybersecurity Budgets

In times of economic downturn, businesses may be tempted to cut back on cybersecurity. The irony lies in the fact that such periods often see a rise in cybercrime. This article examines the perils of reducing cybersecurity budgets and the long-term negative effects it can have on an organization’s resilience against cyber threats.