Despite Attention on Cyber Issues, Additional Funding is Scarce>
Security Magazine
Need more cybersecurity budget. It might take a breach to get you there. According to the EY Global Information Security Survey (GISS), 70 percent of organizations say they require up to 25-percent more funding, and the rest require even more than this. However, only 12 percent expect to receive an increase over 25 percent. Seventy-six percent of GISS respondents said the discovery of a breach that caused damage would be likely to see greater resources allocated. Sixty-four percent said an attack that did not appear to have caused any harm to the enterprise would be unlikely to prompt an increase in the organizationâs cybersecurity funding. Security Operations Centers â which provide a centralized, structured and coordinated hub for cybersecurity activity â are becoming increasingly common, but 48 percent of organizations polled in the GISS do not have one.
Link: https://www.securitymagazine.com/articles/88832-despite-attention-on-cyber-issues-additional-funding-is-scarce