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 reported that almost two - thirds of respondents said they did not care 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.