security spending

Network Security

Issued by: Help Net Security

Despite spending more on compliance, businesses still have basic IT weaknesses

There is a misalignment between data privacy regulation spending and business outcomes, according to Tanium research. Specifically, as businesses spend tens of millions on compliance, over 90 percent have fundamental IT weaknesses that leave them vulnerable and potentially non-compliant. The global study of 750 IT decision makers revealed that organizations have spent on average $70.3…

Malware & Threats

Issued by: Help Net Security

More than 50 percent of security and IT leaders agree that they are very concerned about the security of corporate endpoints given the prevalence of sophisticated attack vectors like ransomware, disruptionware, phishing and more, according to a survey from RSA Conference 2020 by Absolute. Cybersecurity spending on the rise According to recent industry reports, 2019…

Cloud Security

Issued by: Help Net Security

While enterprises rapidly transition to the public cloud, complexity is increasing, but visibility and team sizes are decreasing while security budgets remain flat to pose a significant obstacle to preventing data breaches, according to FireMon’s 2020 State of Hybrid Cloud Security Report. “As companies around the world undergo digital transformations and migrate to the cloud,…

Network Security

Issued by: CSO

How much does it cost to launch a cyberattack?

Companies spend big to defend their networks and assets from cyber threats. Kaspersky Labs has found security budgets within enterprises average around $9 million per year. On top of that, data breaches cost companies millions of dollars. Yet, cheap, relatively easy-to-use off-the-shelf hacking tools make the barrier to entry for cybercriminals incredibly low. Cyber attacks…

Network Security

Issued by: Help Net Security

The six biggest cybersecurity risks facing the utilities industry

The utilities industry is rapidly modernizing its infrastructure, adding more digitized equipment and connectivity across devices, plants, and systems. This evolution to “smart infrastructure” represents a positive, paradigm shift for the industry. Unfortunately, the security policies of many utilities have not evolved along with it, leaving them incredibly vulnerable. Utilities are investing heavily to modernize…

Network Security

Issued by: Help Net Security

Organizations investing in security analytics and machine learning to tackle cyberthreats

IT security’s greatest inhibitor to success is contending with too much security data. To address this challenge, 47 percent of IT security professionals acknowledged their organization’s intent to acquire advanced security analytics solutions that incorporate machine learning (ML) technology within the next 12 months. Such investments help to mitigate the risks of advanced cyberthreats missed…

Malware & Threats, Vulnerabilities

Issued by: Dark Reading

How to Optimize Security Spending While Reducing Risk

Globally, organizations have spent millions on security solutions; however, these purchasing decisions often are not based on fact or data — just hunches, expenditures, and market trends. Senior executives struggle to have complete visibility into their own company’s security posture as well as the current threat environment. There is a lack of comprehensive, near-real-time information…

Vulnerabilities

Issued by: Help Net Security

Security budgets are rising, but is it enough?

A majority of companies (54 percent) are worried that they will soon outgrow their security solutions, according to Threat Stack. While budgets are expected to increase by 19 percent over the next two years, organizations are struggling with a disconnect between security and DevOps and are facing difficulties in determining where to allocate this budget…