Security News > 2020 > September > Justifying your 2021 cybersecurity budget

Looking for gaps in security should be the first step in any budget analysis.

Although the data appears conflicting, the Identity Theft Research Center research that informed the July 14th article specifically notes, "This is not expected to be a long-term trend as threat actors are likely to return to more traditional attack patterns to replace and update identity information needed to commit future identity and financial crimes." In short, rapidly closing security gaps as part of a 2021 cybersecurity budget plan needs to include the fast wins that SaaS-delivered solutions provide.

SaaS security solutions offer two distinct budget wins for CISOs.

Cybersecurity initiatives focus on leveraging resources effectively so that they can ensure the most streamlined process possible while maintaining a robust security program.

Budget constrictions arising from 2020's economic instability may make it difficult for CISOs to gain the requisite dollars to continue to apply best security practices.

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