Security News > 2020 > September > How to handle cybersecurity amid a tight IT budget
A report published on Wednesday by security provider Kaspersky looks at how businesses have managed their cybersecurity in the face of IT budget cuts for 2020.
The slice of the budget devoted to cybersecurity has risen, growing to 29% this year from 26% last year for enterprises, and to 26% this year from 23% last year for SMBs. Further, more than 70% of the respondents said they expect their cybersecurity budget to continue to increase over the next three years.
Even in the face of budget issues, organizations must find a way to prioritize cybersecurity needs.
Use a risk-based approach when planning your cybersecurity budget.
In the midst of a tight budget, you can find some useful and free online tools to help with ad-hoc cybersecurity needs, such as checking suspicious files, IP addresses, domains, and URLs.