Estimated reading time: 0 minutes, 24 seconds

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.

Read 772 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.