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Growing challenges bring new costs
With this evolution come new budgetary needs . According to a recent Forrester study , 60 % of senior enterprise security decision makers increased their security budgets in 2020 .
And those who aren ’ t spending more are trying to stretch their funds further . Today ’ s cybersecurity budgets must contend with : think they will be better positioned to resist and recover from cyber attacks by 2023 .
Nevertheless , preparedness is still a major concern . Although leaders express optimism about their ability to resist and recover in the future , they feel less confident in their position today . In our 2021 Voice of the CISO Report , 66 % of CISOs reported feeling that their organization is currently unprepared to cope with a targeted cyber attack .
• Evolving regulations and requirements
• A continuing shift to the cloud
• An overnight shift to remote and hybrid work models
• An evolving threat landscape
Preparing for the future
As CISOs adapt to these changes , many expect budgets to continue increasing ( by 11 % on average ) to meet the challenges ahead . Nearly two-thirds ( 65 %)
People , not network technologies , are the new perimeter . And the move to hybrid work ( from mostly or fully remote ) only adds to security challenges and complexity . p
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