Despite pandemic, investments in cybersecurity remains a priority

Cybersecurity investments continues to grow YoY, even though the overall IT budget has fallen from $1.2m in 2019 to $1.1m in 2020 among SMBs, and from $74.1m to $54.3m for firms, as per Kaspersky’s report. SMBs allocated $275,000 to cybersecurity while enterprises allocated $14m. Majority of firms expect these figures to grow in the next 3 years, by 11% in enterprises and 12% in SMBs. However, one in 10 firms said they’re going to reduce spend on IT security.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s