The IT security budget of 9% of companies is falling March 2019 on March 2019, while 26% of companies have a budget that has remained unchanged, according to a survey carried out at the RSA Conference in San Francisco by Outpost 24. It also found that almost two-thirds of respondents said they did not know if their company's critical digital assets were secured. The cost of cyber crime has reached $5.2tn globally, according to Gartner. Bob Egner, the vice-president of Outpost 24, said board members and C-suite executives should ensure they have a thorough understanding of their company's security measures and risks.
The IT security budget of 9% of companies is falling year on year, while 26% of companies have a budget that has remained unchanged, according to a survey carried out at the RSA Conference in San Francisco by Outpost 24. It also found that almost two-thirds of respondents said they did not know if their company's critical digital assets were secured. The cost of cyber crime has reached $5.2tn globally, according to Gartner. Bob Egner, the vice-president of Outpost 24, said board members and C-suite executives should ensure they have a thorough understanding of their company's security measures and risks.