Businesses Increase Cybersecurity as Budgets Surge in 2024

Feb. 22, 2024
Businesses Increase Cybersecurity as Budgets Surge in 2024

Cybersecurity is a top concern for businesses in 2024, with over two-thirds of IT decision-makers reporting increased budgets. This positive trend highlights the growing awareness of cyber threats and the need for robust defenses.

This is according to findings from a recent survey of 200 senior cybersecurity professionals conducted by Infosecurity Europe. The survey found that 69% of IT leaders saw or expect cybersecurity budget increases of between 10-100% in 2024.

Meanwhile, almost 20% anticipate budget hikes of 30-49%, showcasing significant investments in security.

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