Only half (49 percent) of organisations have sufficient budget to fully meet their current cybersecurity needs, and 11 percent can, at best, protect only their most critical assets, according to a recent survey by the Neustar International Security Council (NISC).
Despite the rapidly changing threat landscape, one-third (35 percent) of information technology and security professionals responding to the survey said their organisation’s cybersecurity budget would remain the same or decrease in 2023, and 44 percent of these individuals believe their business will be more exposed and at risk as a result.
