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Cybersecurity Budget Growth Moderates So Far in 2023  

When it comes to amounts of cybersecurity spending, companies are still moving forward this year, but they have begun to press the brakes. So reports The Wall Street Journal.

calculator 1680905 640According to a recent survey of 550 security executives by IANS Research and Artico Search, the average cybersecurity budget was up 6%, compared with a 17% increase in the previous budget cycle.

More broadly, Gartner has projected that worldwide cybersecurity spending will hit $215 billion in 2024, up 14.3% from 2023.

Read the full article from The Wall Street Journal.

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